Shares of Seabridge Gold Inc. (NYSE:SA) were up 3.9% on Thursday . The stock traded as high as $12.53 and last traded at $12.51, with a volume of 477,794 shares trading hands. The stock had previously closed at $12.04.

The stock’s market cap is $645.35 million. The firm’s 50 day moving average is $13.94 and its 200 day moving average is $11.52.

An institutional investor recently raised its position in Seabridge Gold stock. Bank of Montreal Can boosted its stake in shares of 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 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.