Shares of Seabridge Gold Inc. (NYSE:SA) saw unusually-strong trading volume on Wednesday . Approximately 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 firm’s market capitalization is $610.14 million. The firm’s 50 day moving average is $13.14 and its 200-day moving average is $12.49.

An institutional investor recently raised its position in Seabridge Gold stock. Bank of Montreal Can increased 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 institutional investor owned 205,829 shares of the company’s stock after buying an additional 204,531 shares during the period. Bank of Montreal Can owned approximately 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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