Advisory Services Network buys $132,385 stake in Seabridge Gold (USA) (SA)

Seabridge Gold (USA) (SA) : Advisory Services Network scooped up 8,816 additional shares in Seabridge Gold (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 12,903 shares of Seabridge Gold (USA) which is valued at $132,385.Seabridge Gold (USA) makes up approximately 0.03% of Advisory Services Network’s portfolio.

Other Hedge Funds, Including , Simplex Trading boosted its stake in SA in the latest quarter, The investment management firm added 17,143 additional shares and now holds a total of 19,023 shares of Seabridge Gold (USA) which is valued at $195,176. Seabridge Gold (USA) makes up approx 0.03% of Simplex Trading’s portfolio.

Seabridge Gold (USA) opened for trading at $10.39 and hit $10.67 on the upside on Friday, eventually ending the session at $10.26, with a gain of 1.08% or 0.11 points. The heightened volatility saw the trading volume jump to 6,23,475 shares. Company has a market cap of $540 M.

Seabridge Gold Inc. (Seabridge) is a development stage company engaged in the acquisition and exploration of gold properties located in North America. The Company’s objective is to provide its shareholders with leverage to a rising gold price. Seabridge’s principal projects include the KSM (Kerr-Sulphurets-Mitchell) property located in British Columbia and the Courageous Lake property located in the Northwest Territories. The KSM property consists of three discontinuous claim blocks which include the KSM claim group the Seabee/Tina claims and the KSM placer claim block. The first two claim blocks (KSM and Seabee/Tina) contain two mineral leases and 71 mineral claims consisting of both cell and legacy claims. The total area of the first two claim blocks is 50500 hectares. The Courageous Lake Project is a gold project and consists of 61 federal mining leases 26 federal mining claims and one optioned federal mining lease (Red 25) having a combined area of 124189.9 acres.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Seabridge Gold (USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Seabridge Gold (USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.