Breaking Finance News

Seabridge Gold up 10 Percent- Company says No News (SA)

Shares of Seabridge Gold (NYSE: SA) spiked higher around 12:15 p.m. EDT Thursday but according to the company, there is no notable news. In a statement, it says there is no news to report and no news pending. The company is waiting for drilling results from Courageous Lake site.

The $552 million company looks for and purchases gold properties in North America. It also looks for copper, silver, and molybdenum. The stock is down more than 25 percent over the past six months with very high volatility.

[stock-tools exchange="NYSE" symbol="SA" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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