Shares of Seabridge Gold Inc. (NYSE:SA) dropped 2.8% during trading on Tuesday . The company traded as low as $10.77 and last traded at $10.81, with a volume of 344,180 shares changing hands. The stock had previously closed at $11.12.

The firm’s market capitalization is $580.36 million. The company’s 50 day moving average price is $12.71 and its 200 day moving average price is $12.62.

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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