Seabridge Gold Inc. (NYSE:SA)’s share price fell 3.9% on Monday . The stock traded as low as $11.66 and last traded at $11.78, with a volume of 547,700 shares traded. The stock had previously closed at $12.26.

The firm’s market cap is $619.03 million. The firm has a 50-day moving average of $13.90 and a 200-day moving average of $11.57.

An institutional investor recently raised its position in Seabridge Gold stock. Bank of Montreal Can raised 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 (SEC). 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 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.