Mountain Lake Investment Management’s Seabridge Gold SA Stock Holding History

Mountain Lake Investment Management’s Portfolio SA Stock Details SA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-27,400	Closed	-$313K	–	34
2024 Q4	$313K	Sell	27,400 -22,600	-45%	-$348K	0.36%	26
2024 Q3	$840K	Sell	50,000 -3,000	-6%	-$48.8K	0.88%	20
2024 Q2	$726K	Sell	53,000 -3,000	-5%	-$45.5K	0.76%	22
2024 Q1	$847K	Sell	56,000 -9,000	-14%	-$105K	0.88%	19
2023 Q4	$788K	Buy	+65,000	New	+$747K	0.81%	17
2022 Q4	–	Sell	-155,000	Closed	-$1.84M	–	35
2022 Q3	$1.84M	Sell	155,000 -27,500	-15%	-$348K	1.57%	20
2022 Q2	$2.27M	Sell	182,500 -80,500	-31%	-$1.29M	1.94%	16
2022 Q1	$4.87M	Sell	263,000 -102,000	-28%	-$1.74M	2.94%	16
2021 Q4	$6.02M	Buy	365,000 +70,000	+24%	+$1.25M	2.88%	14
2021 Q3	$4.56M	Buy	295,000 +15,000	+5%	+$260K	1.97%	14
2021 Q2	$4.91M	Buy	+280,000	New	+$5.06M	2.4%	16

Other funds holding SA

KGI

Kopernik Global Investors Tampa, Florida $1.43B AUM 63.57% 1-Year Est. Return

Tidal Investments Milwaukee, Wisconsin $47.4B AUM 59.58% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

Paulson & Co New York $3.11B AUM 94.93% 1-Year Est. Return

OTPPB

Ontario Teachers' Pension Plan Board Toronto, Ontario, Canada $15.8B AUM 1.29% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $61.3B AUM 39.33% 1-Year Est. Return

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Russell Investments Group London, United Kingdom $114B AUM 41.71% 1-Year Est. Return

Toronto Dominion Bank Toronto, Ontario, Ontario, Canada $69.7B AUM 40.86% 1-Year Est. Return

Amundi Paris, France $367B AUM 31.23% 1-Year Est. Return

Mountain Lake Investment Management's SA Position: Q1 2025 in Review

Mountain Lake Investment Management sold out of Seabridge Gold (SA) in Q1 2025, closing a stake of 27,400 shares — an estimated $313K sold.

Mountain Lake Investment Management first reported a position in SA in Q2 2021 and held it in 11 quarters. The position peaked at $6.02M in Q4 2021. 165 funds tracked by Wall St. Rank hold SA as of Q1 2025.

Mountain Lake Investment Management reported no remaining Seabridge Gold position as of Q1 2025 after selling out during the quarter.
Mountain Lake Investment Management sold 27,400 Seabridge Gold shares in Q1 2025, an estimated $313K.
Mountain Lake Investment Management first reported a position in Seabridge Gold in Q2 2021 and held it in 11 quarters.
Mountain Lake Investment Management's Seabridge Gold position peaked at $6.02M in Q4 2021.
165 funds tracked by Wall St. Rank held Seabridge Gold as of Q1 2025.

Based on Mountain Lake Investment Management's 13F filing for Q1 2025, filed 15 May 2025.