Seabridge Gold Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NYSE:SA Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Apr 25	BuyUS$24,039	John Sabine	Individual	2,400	US$10.02
03 Mar 25	BuyUS$47,020,065	Pan Atlantic Bank and Trust Limited, Asset Management Arm	Company	4,419,179	US$10.64
03 Mar 25	BuyUS$47,020,065	Pan Atlantic Bank and Trust Limited, Asset Management Arm	Company	4,419,179	US$10.64
25 Feb 25	BuyUS$24,500	Melanie Miller	Individual	2,000	US$12.25
19 Feb 25	BuyUS$61,250	John Sabine	Individual	5,000	US$12.25
18 Feb 25	BuyUS$1,470,000	FCMI Parent Co.	Company	120,000	US$12.25
18 Feb 25	BuyUS$1,470,000	FCMI Parent Co.	Company	120,000	US$12.25
18 Oct 24	SellUS$90,700	Robert Murphy	Individual	5,000	US$18.14
19 Aug 24	SellUS$14,561	Charles Scott	Individual	800	US$18.29
06 Aug 24	SellUS$21,701	Julie Rachynski	Individual	1,396	US$15.55
30 Jul 24	SellUS$36,702	Robert Murphy	Individual	2,204	US$16.65
30 Jul 24	SellUS$31,390	Charles Scott	Individual	1,900	US$16.71

Insider Trading Volume

Insider Buying: SA insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SA?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,580,178	2.57%
Private Companies	4,972,625	4.95%
General Public	42,606,023	42.4%
Institutions	50,384,288	50.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 47.64% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.6%	Pan Atlantic Bank and Trust Limited, Asset Management Arm	10,673,611	US$123.8m	70.7%	100.0%
10.6%	Kopernik Global Investors, LLC	10,640,829	US$123.4m	249%	2.55%
4.95%	FCMI Parent Co.	4,972,625	US$57.7m	2.47%	no data
3.44%	Van Eck Associates Corporation	3,453,971	US$40.0m	-7.73%	0.04%
2.74%	Tidal Investments LLC	2,755,267	US$31.9m	-0.44%	0.25%
2.06%	Paulson & Co. Inc.	2,070,000	US$24.0m	0%	0.87%
1.34%	Ontario Teachers' Pension Plan Board	1,344,887	US$15.6m	36.6%	0.16%
1.25%	Rudi Fronk	1,255,333	US$14.6m	2.45%	no data
1.19%	Raymond James Financial Inc., Asset Management Arm	1,199,101	US$13.9m	7.93%	0.01%
1%	Toronto-Dominion Bank, Banking Investments	1,006,054	US$11.7m	0%	0.02%
0.91%	Canadian Imperial Bank of Commerce, Asset Management Arm	914,149	US$10.6m	5.68%	0.02%
0.84%	Morgan Stanley, Investment Banking and Brokerage Investments	847,062	US$9.8m	230%	no data
0.71%	Russell Investment Management, LLC	717,488	US$8.3m	-17.2%	0.01%
0.65%	FMR LLC	652,000	US$7.6m	-1.93%	no data
0.65%	Amundi Asset Management SAS	648,968	US$7.5m	15.3%	no data
0.62%	Van Den Berg Management I, Inc.	624,774	US$7.2m	-10.9%	2.17%
0.59%	Friedberg Mercantile Group Ltd., Asset Management Arm	588,624	US$6.8m	0%	17.41%
0.52%	BMO Asset Management Corp.	525,678	US$6.1m	35.7%	no data
0.51%	The Buckingham Charitable Foundation, Endowment Arm	516,099	US$6.0m	106%	100.0%
0.47%	ALPS Advisors, Inc.	474,191	US$5.5m	25.1%	0.03%
0.43%	William Threlkeld	428,897	US$5.0m	0%	no data
0.42%	Crawford Fund Management, LLC	418,689	US$4.9m	32%	3.08%
0.4%	Deutsche Asset & Wealth Management	403,287	US$4.7m	50%	no data
0.39%	Dimensional Fund Advisors LP	395,358	US$4.6m	4.38%	no data
0.37%	Susquehanna International Group, LLP, Asset Management Arm	370,055	US$4.3m	-42.9%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/16 10:23
End of Day Share Price	2025/05/16 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Seabridge Gold Inc. is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lucas Pipes	B. Riley Securities, Inc.
Anthony Lesiak	Canaccord Genuity
Adam Graf	Cowen Securities LLC