Seabridge Gold (SA)
Advances North American gold projects toward partnership or sale rather than mine operation.
Something off on this page? Send us feedback.
Acquires, explores, and engineers North American mineral properties, with KSM in British Columbia as the principal project. The portfolio also includes Courageous Lake, Iskut, 3 Aces, and Snowstorm; revenue-generating mine operations are not part of its model, which seeks project sales or production-stage partnerships.
Acquires North American mineral properties and advances them through exploration and engineering rather than constructing and operating mines. KSM in northwestern British Columbia is the principal project; Iskut is also in British Columbia, while Courageous Lake, 3 Aces, and Snowstorm extend the portfolio across the Northwest Territories, Yukon, and Nevada. KSM and Iskut contain significant copper discoveries.
Seeks a sale or partnership once a project is ready for production, leaving the company without an operating project. KSM's path depends on securing a development partner with the necessary technical, financial, and social capacity, alongside continued work on power infrastructure. Its environmental-assessment certificate's substantially-started determination is subject to further provincial consultation and reconsideration.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $67.9M · Total debt $399.8M · Total assets $1.25B · Shareholders' equity $787.4M
- Revenue
- $0
- Operating income
- −$6.6M
- Net income
- $83.5M
Reported in CAD, converted at the latest exchange rate
No dividends on record.
| Institutions | 41.25% | 44.39M ADS | |
|---|---|---|---|
| 200 holders · as of Jun 30, 2026 | |||
| Insiders | 15.04% | 16.18M ADS | |
| 1 holder · as of Mar 6, 2025 | |||
| Other | 43.71% | 47.05M ADS | |
| remainder | |||
107.62M ADS as of Sep 17, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (91.91M in the company's Sep 22, 2026 report, 107.62M elsewhere); stakes use the report.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Albert FriedbergInsider | 15.04% | 16.18M | filed Mar 6, 2025 |
Kopernik Global Investors, LLCInstitution | 7.02% | 7.55M ADS | as of Jun 30, 2026 |
Van Eck Associates CorpInstitution | 6.05% | 6.51M ADS | as of Jun 30, 2026 |
Toroso Investments, LLCInstitution | 4.03% | 4.34M ADS | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 2.56% | 2.75M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Northern Dynasty Minerals
Alaska copper-gold developer navigating permits, litigation, and partner needs
- Western Copper and Gold
Yukon copper-gold developer advancing Casino through environmental review
- NovaGold Resources
Alaska gold developer advancing a large, undeveloped asset with Paulson
- International Tower Hill Mines
Alaska gold developer funding feasibility, permitting, and engineering work
- Perpetua Resources
Idaho gold-antimony developer progressing Stibnite early works and financing
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Seabridge Gold | $31.70 | +2.52% | $3.33B | 162.1 | — | — | — |
| Northern Dynasty Minerals | $1.43 | +2.52% | $778.8M | — | — | — | — |
| Western Copper and Gold | $2.47 | +4.01% | $534.8M | — | — | — | — |
| NovaGold Resources | $7.50 | +1.83% | $3.23B | — | — | — | — |
| International Tower Hill Mines | $2.80 | +6.48% | $688.1M | — | — | — | — |
| Perpetua Resources | $24.03 | +1.49% | $2.96B | — | — | — | — |