Seabridge Gold Inc. (SA) Sees Large Volume Increase
Shares of Seabridge Gold Inc. (NYSE:SA) saw an uptick in trading volume on Wednesday . 1,211,173 shares traded hands during trading, an increase of 14% from the previous session’s volume of 1,062,152 shares.The stock last traded at $12.21 and had previously closed at $13.34.
The company’s market cap is $633.77 million. The company has a 50-day moving average price of $13.94 and a 200-day moving average price of $11.49.
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 Securities and Exchange Commission. 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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