Seabridge Gold Inc. (NYSE:SA) shares traded up 3% during trading on Thursday . The stock traded as high as $11.18 and last traded at $11.16, with a volume of 807,464 shares traded. The stock had previously closed at $10.84.

The company has a 50-day moving average of $13.26 and a 200-day moving average of $12.50. The firm’s market cap is $598.77 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 disclosure with the Securities and Exchange Commission (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 0.40% of Seabridge Gold worth $1,707,000 at the end of the most recent reporting period.

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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