SEABRIDGE GOLD INC

Ticker: SA CUSIP: 811916105 Class: Stock-Materials

Kopernik Global Investors, LLC's Holding History (CIK: 0001599814)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 6,979,611 Value ($000) $206,527 Avg Close $26.29 Range $21.67 - $31.87

Q3 2025

Shares 6,946,666 Value ($000) $167,762 Avg Close $17.30 Range $14.57 - $24.19

Q2 2025

Shares 7,382,606 Value ($000) $107,195 Avg Close $12.71 Range $9.40 - $15.17

Q1 2025

Shares 7,342,955 Value ($000) $85,692 Avg Close $11.86 Range $10.14 - $13.54

Q4 2024

Shares 3,047,048 Value ($000) $34,767 Avg Close $15.41 Range $10.87 - $20.55

Q3 2024

Shares 3,047,048 Value ($000) $51,160 Avg Close $16.27 Range $13.32 - $18.99

Q2 2024

Shares 3,254,808 Value ($000) $44,558 Avg Close $15.15 Range $13.52 - $16.71

Q1 2024

Shares 3,254,808 Value ($000) $49,213 Avg Close $11.65 Range $9.31 - $15.26

Q4 2023

Shares 3,189,304 Value ($000) $38,686 Avg Close $11.50 Range $9.72 - $13.14

Q3 2023

Shares 2,728,409 Value ($000) $28,785 Avg Close $11.86 Range $10.42 - $13.68

Q2 2023

Shares 2,728,409 Value ($000) $32,877 Avg Close $13.60 Range $11.24 - $16.18

Q1 2023

Shares 2,713,816 Value ($000) $35,144 Avg Close $12.36 Range $10.40 - $14.18

Q4 2022

Shares 2,675,694 Value ($000) $33,660 Avg Close $11.84 Range $10.03 - $13.22

Q3 2022

Shares 3,491,316 Value ($000) $41,442 Avg Close $12.66 Range $10.35 - $14.38

Q2 2022

Shares 2,681,345 Value ($000) $33,329 Avg Close $16.02 Range $12.32 - $22.22

Q1 2022

Shares 2,296,308 Value ($000) $42,482 Avg Close $17.03 Range $14.85 - $19.90

Q4 2021

Shares 2,856,451 Value ($000) $47,103 Avg Close $17.89 Range $15.05 - $20.87

Q3 2021

Shares 2,311,437 Value ($000) $35,712 Avg Close $17.31 Range $14.92 - $18.56

Q2 2021

Shares 2,089,544 Value ($000) $36,671 Avg Close $18.06 Range $16.42 - $20.48

Q1 2021

Shares 1,986,896 Value ($000) $32,128 Avg Close $18.63 Range $15.38 - $22.86

Q4 2020

Shares 1,560,509 Value ($000) $32,880 Avg Close $19.35 Range $17.14 - $21.86

Q3 2020

Shares 280,689 Value ($000) $5,271 Avg Close $18.75 Range $17.00 - $20.73

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	6,979,611	$206,527	$26.29	$21.67 - $31.87
Q3 2025	6,946,666	$167,762	$17.30	$14.57 - $24.19
Q2 2025	7,382,606	$107,195	$12.71	$9.40 - $15.17
Q1 2025	7,342,955	$85,692	$11.86	$10.14 - $13.54
Q4 2024	3,047,048	$34,767	$15.41	$10.87 - $20.55
Q3 2024	3,047,048	$51,160	$16.27	$13.32 - $18.99
Q2 2024	3,254,808	$44,558	$15.15	$13.52 - $16.71
Q1 2024	3,254,808	$49,213	$11.65	$9.31 - $15.26
Q4 2023	3,189,304	$38,686	$11.50	$9.72 - $13.14
Q3 2023	2,728,409	$28,785	$11.86	$10.42 - $13.68
Q2 2023	2,728,409	$32,877	$13.60	$11.24 - $16.18
Q1 2023	2,713,816	$35,144	$12.36	$10.40 - $14.18
Q4 2022	2,675,694	$33,660	$11.84	$10.03 - $13.22
Q3 2022	3,491,316	$41,442	$12.66	$10.35 - $14.38
Q2 2022	2,681,345	$33,329	$16.02	$12.32 - $22.22
Q1 2022	2,296,308	$42,482	$17.03	$14.85 - $19.90
Q4 2021	2,856,451	$47,103	$17.89	$15.05 - $20.87
Q3 2021	2,311,437	$35,712	$17.31	$14.92 - $18.56
Q2 2021	2,089,544	$36,671	$18.06	$16.42 - $20.48
Q1 2021	1,986,896	$32,128	$18.63	$15.38 - $22.86
Q4 2020	1,560,509	$32,880	$19.35	$17.14 - $21.86
Q3 2020	280,689	$5,271	$18.75	$17.00 - $20.73