Knoll Capital Management LLC Has $5.32 Million Stock Holdings in Seabridge Gold Inc. (NYSE:SA)

Knoll Capital Management LLC lifted its stake in Seabridge Gold Inc. (NYSE:SA) (TSE:SEA) by 28.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 317,003 shares of the basic materials company’s stock after acquiring an additional 70,406 shares during the period. Seabridge Gold accounts for 2.6% of Knoll Capital Management LLC’s portfolio, making the stock its 9th largest position. Knoll Capital Management LLC’s holdings in Seabridge Gold were worth $5,322,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in SA. ORG Partners LLC grew its stake in Seabridge Gold by 735.6% during the 3rd quarter. ORG Partners LLC now owns 1,880 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 1,655 shares during the last quarter. US Bancorp DE raised its holdings in shares of Seabridge Gold by 116.7% during the third quarter. US Bancorp DE now owns 2,232 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 1,202 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Seabridge Gold in the second quarter valued at approximately $40,000. Signaturefd LLC increased its holdings in shares of Seabridge Gold by 66.9% in the third quarter. Signaturefd LLC now owns 2,773 shares of the basic materials company’s stock valued at $47,000 after purchasing an additional 1,112 shares during the last quarter. Finally, Perkins Coie Trust Co purchased a new position in Seabridge Gold in the second quarter worth approximately $93,000. 34.85% of the stock is owned by institutional investors.

Seabridge Gold Stock Up 0.7 %

Seabridge Gold stock opened at $14.34 on Friday. Seabridge Gold Inc. has a 1-year low of $9.31 and a 1-year high of $20.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.28 and a quick ratio of 2.28. The stock has a market cap of $1.31 billion, a PE ratio of -57.36 and a beta of 1.13. The stock’s fifty day moving average is $16.78 and its two-hundred day moving average is $16.04.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Seabridge Gold to a “sell” rating in a research report on Monday, August 19th.

About Seabridge Gold

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002.