(SA) Seabridge Gold - NYSE
Sector: Basic Materials | Industry: Gold | Exchange: NYSE (USA) | Market Cap: 2.905m USD | Total Return: 88.4% in 12m
Avg Turnover: 31.8M
Qual. Beats: 0
Qual. Beats: 0
Warnings
Interest Coverage Ratio -161.1 is critical
Fakeout Choppy Below Avwap Earnings
Tailwinds
No distinct edge detected
Seabridge Gold Inc. is a Toronto-based resource firm focused on the acquisition and exploration of precious and base metal properties across North America. The companys portfolio primarily targets gold, silver, copper, and molybdenum deposits, operating under a business model that emphasizes the expansion of mineral resources rather than active mine production.
The gold exploration sector is characterized by high capital intensity and long lead times between initial discovery and project development. Unlike producing miners, exploration companies typically create value by de-risking assets through geological modeling and feasibility studies to attract potential acquisition partners or joint venture interest. Investors looking for deeper fundamental analysis can utilize ValueRay to further evaluate the companys asset base.
Established in 1979 and rebranded in 2002, the company maintains a strategic focus on large-scale North American deposits. This geographic concentration allows the firm to operate within stable regulatory frameworks common to the Canadian and U.S. mining industries.
- Commodity price volatility dictates valuation of undeveloped gold and copper reserves
- KSM project advancement depends on securing a major joint venture partner
- Environmental permitting delays at North American sites impact project development timelines
- Ongoing equity financing for exploration activities causes significant shareholder dilution
- Global shift toward green energy increases demand for KSM copper deposits
| Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM) |
| FCF/TA: -0.09 > 0.02 and ΔFCF/TA -2.88 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA -0.01 > 3% & CFO -18.1m > Net Income -70.4m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 6.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (107.1m) vs 12m ago 11.55% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%) |
| Interest Coverage Ratio: -161.1 > 6 (EBIT TTM -87.6m / Interest Expense TTM 544k) |
| A: 0.11 (Total Current Assets 232.0m - Total Current Liabilities 34.6m) / Total Assets 1.80b |
| B: -0.15 (Retained Earnings -278.4m / Total Assets 1.80b) |
| C: -0.05 (EBIT TTM -87.6m / Avg Total Assets 1.70b) |
| D: 2.01 (Book Value of Equity 1.21b / Total Liabilities 598.6m) |
| Altman-Z'' = 1.98 = BBB |
As of June 15, 2026, the stock is trading at USD 28.04 with a total of 863,329 shares traded.
Over the past week, the price has changed by -4.69%,
over one month by -11.15%,
over three months by -10.53% and
over the past year by +88.44%.
Seabridge Gold has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy SA.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 71 | 153.2% |
Market Cap CAD = 4.06b (2.90b USD * 1.3989 USD.CAD)
P/E Forward = 6.1162
P/B = 3.1272
P/EG = 5.3988
Revenue TTM = 0.0 CAD
EBIT TTM = -87.6m CAD
EBITDA TTM = -87.5m CAD
Long Term Debt = 557.4m CAD (from longTermDebt, last quarter)
Short Term Debt = 1.07m CAD (from shortTermDebt, last quarter)
Debt = 562.2m CAD (from shortLongTermDebtTotal, last quarter) + Leases 1.66m
Net Debt = 417.2m CAD (calculated: Debt 562.2m - CCE 145.0m)
Enterprise Value = 4.48b CAD (4.06b + Debt 562.2m - CCE 145.0m)
Interest Coverage Ratio = -161.1 (Ebit TTM -87.6m / Interest Expense TTM 544k)
EV/FCF = -27.46x (Enterprise Value 4.48b / FCF TTM -163.2m)
FCF Yield = -3.64% (FCF TTM -163.2m / Enterprise Value 4.48b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 232k) / Revenue TTM)
Tobins Q-Ratio = 2.48 (Enterprise Value 4.48b / Total Assets 1.80b)
Interest Expense / Debt = 0.10% (Interest Expense 544k / Debt 562.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -69.2m (EBIT -87.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 6.71 (Total Current Assets 232.0m / Total Current Liabilities 34.6m)
Debt / Equity = 0.47 (Debt 562.2m / totalStockholderEquity, last quarter 1.21b)
Debt / EBITDA = -4.77 (negative EBITDA) (Net Debt 417.2m / EBITDA -87.5m)
Debt / FCF = -2.56 (negative FCF - burning cash) (Net Debt 417.2m / FCF TTM -163.2m)
Total Stockholder Equity = 1.10b (last 4 quarters mean from totalStockholderEquity)
RoA = -4.14% (Net Income -70.4m / Total Assets 1.80b)
RoE = -6.39% (Net Income TTM -70.4m / Total Stockholder Equity 1.10b)
RoCE = -5.28% (EBIT -87.6m / Capital Employed (Equity 1.10b + L.T.Debt 557.4m))
RoIC = -3.91% (negative operating profit) (NOPAT -69.2m / Invested Capital 1.77b)
WACC = 9.45% (E(4.06b)/V(4.63b) * Re(10.75%) + D(562.2m)/V(4.63b) * Rd(0.10%) * (1-Tc(0.21)))
Discount Rate = 10.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 11.11%
[DCF] Fair Price = unknown (Cash Flow -163.2m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.30 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.06 | Chg30d=-50.00% | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.06 | Chg30d=-50.00% | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=-0.19 | Chg30d=+20.83% | Revisions=-20% | GrowthEPS=+64.1% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.32 | Chg30d=+0.00% | Revisions=N/A | GrowthEPS=-68.4% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -20%