Forex
RBC Bolsters Stake in Seabridge Gold Inc.
Royal Bank of Canada (RBC) has increased its stake in Seabridge Gold Inc. (NYSE:SA - Free Report), a company that explores for gold, copper, silver, and molybdenum deposits.
In the first quarter, RBC's holdings in Seabridge Gold grew by 18.3% to 313,637 shares, following the purchase of an additional 48,445 shares during the same period.
The stake is valued at approximately $8,888,000 and accounts for about 0.29% of Seabridge Gold's outstanding shares.