Shares of Seabridge Gold Inc. (NYSE:SA) traded up 3% during trading on Wednesday . The stock traded as high as $11.24 and last traded at $11.19, with a volume of 607,860 shares traded. The stock had previously closed at $10.86.

The company has a 50 day moving average of $12.08 and a 200 day moving average of $12.86. The stock’s market capitalization is $633.96 million.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisor Group Inc. purchased a new position in Seabridge Gold during the second quarter worth about $101,000. IFP Advisors Inc increased its position in Seabridge Gold by 13.1% in the second quarter. IFP Advisors Inc now owns 10,179 shares of the company’s stock worth $149,000 after buying an additional 1,179 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its position in Seabridge Gold by 31.9% in the second quarter. Dynamic Technology Lab Private Ltd now owns 14,361 shares of the company’s stock worth $211,000 after buying an additional 3,476 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in Seabridge Gold during the second quarter worth about $228,000. Finally, Royal Bank of Canada increased its position in Seabridge Gold by 35.3% in the first quarter. Royal Bank of Canada now owns 22,768 shares of the company’s stock worth $250,000 after buying an additional 5,934 shares in the last quarter. Hedge funds and other institutional investors own 24.31% of the company’s stock.

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Seabridge Gold Company Profile

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.

5 Day Chart for NYSE:SA

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