Seabridge Gold Inc. (NYSE:SA) traded down 1.7% during trading on Thursday . The company traded as low as $13.14 and last traded at $13.22, with a volume of 645,566 shares traded. The stock had previously closed at $13.45.

The firm’s market cap is $694.83 million. The company has a 50 day moving average price of $13.67 and a 200-day moving average price of $12.05.

An institutional investor recently raised its position in Seabridge Gold stock. Bank of Montreal Can boosted its position in Seabridge Gold Inc. (NYSE:SA) by 15,757.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 205,829 shares of the company’s stock after buying an additional 204,531 shares during the period. Bank of Montreal Can owned about 0.40% of Seabridge Gold worth $1,707,000 as of its most recent SEC filing.

Seabridge Gold Inc (Seabridge) is a development-stage company engaged in the acquisition and exploration of gold properties located in North America. The Company is focused on acquiring, exploring and developing gold deposits. The Company owns over five properties with gold resources and its material properties are its Kerr-Sulphurets-Mitchell (KSM) Project and its Courageous Lake Project.

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