Royal Bank of Canada Acquires 48,445 Shares of Seabridge Gold, Inc. $SA

Posted by Stanley Muller on Aug 10th, 2026

Royal Bank of Canada raised its stake in Seabridge Gold, Inc. (NYSE:SA – Free Report) (TSE:SEA) by 18.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 313,637 shares of the basic materials company’s stock after buying an additional 48,445 shares during the quarter. Royal Bank of Canada’s holdings in Seabridge Gold were worth $8,888,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Financial Gravity Asset Management Inc. bought a new stake in shares of Seabridge Gold during the fourth quarter worth $30,000. Smartleaf Asset Management LLC bought a new stake in Seabridge Gold in the 4th quarter valued at $30,000. Federation des caisses Desjardins du Quebec boosted its stake in Seabridge Gold by 77.5% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,065 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 465 shares during the period. Banque Cantonale Vaudoise acquired a new position in Seabridge Gold in the 4th quarter worth $39,000. Finally, CIBC Private Wealth Group LLC increased its holdings in Seabridge Gold by 274.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,706 shares of the basic materials company’s stock worth $50,000 after purchasing an additional 1,250 shares in the last quarter. Institutional investors and hedge funds own 34.85% of the company’s stock.

Seabridge Gold Price Performance

NYSE:SA opened at $31.17 on Monday. The stock has a market capitalization of $3.35 billion, a PE ratio of -64.40 and a beta of 0.89. Seabridge Gold, Inc. has a 1-year low of $23.69 and a 1-year high of $33.04. The firm has a fifty day simple moving average of $27.57 and a 200 day simple moving average of $30.12. The company has a current ratio of 6.71, a quick ratio of 6.71 and a debt-to-equity ratio of 0.46.

Seabridge Gold (NYSE:SA – Get Free Report) (TSE:SEA) last posted its quarterly earnings results on Wednesday, May 13th. The basic materials company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). On average, research analysts expect that Seabridge Gold, Inc. will post -0.17 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SA. Zacks Research downgraded Seabridge Gold from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 14th. B. Riley Financial started coverage on Seabridge Gold in a research report on Monday, August 3rd. They issued a “buy” rating and a $40.00 target price on the stock. Wall Street Zen upgraded Seabridge Gold from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings raised Seabridge Gold from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $40.00.

Check Out Our Latest Research Report on SA

Seabridge Gold Company Profile

(Free Report)

Seabridge Gold Inc, together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for gold, copper, silver, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc and changed its name to Seabridge Gold Inc in June 2002. Seabridge Gold Inc was incorporated in 1979 and is based in Toronto, Canada.