Seabridge Gold Inc. (SA) Sees Strong Trading Volume
Seabridge Gold Inc. (NYSE:SA) saw an uptick in trading volume on Wednesday . 1,584,503 shares were traded during trading, an increase of 105% from the previous session’s volume of 773,569 shares.The stock last traded at $10.97 and had previously closed at $12.05.
The stock has a 50 day moving average price of $13.37 and a 200 day moving average price of $12.51. The firm’s market cap is $586.86 million.
A hedge fund recently raised its stake in Seabridge Gold stock. Bank of Montreal Can boosted its stake in Seabridge Gold Inc. (NYSE:SA) by 15,757.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm 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 at the end of the most recent quarter.
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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