Business
Stonegate Capital Partners Initiates Coverage on Seabridge Gold Inc. (SA)
Dallas, Texas--(Newsfile Corp. - September 15, 2025) - Seabridge Gold Inc. (NYSE: SA): Stonegate Capital Partners initiates their coverage on Seabridge Gold Inc. (NYSE: SA). As of 2Q25, Seabridge Gold maintained a robust financial position, with cash and cash equivalents of $121.4 million, supported by a US$100.2 million equity financing in February 2025 and a $30.5 million flow-through financing in June 2025. Operating costs remain focused on advancing its flagship KSM project...
About this update from Seabridge Gold Inc
[{"type":"text","content":"Dallas, Texas--(Newsfile Corp. - September 15, 2025) - Seabridge Gold Inc. (NYSE: SA): Stonegate Capital Partners initiates their coverage on Seabridge Gold Inc. (NYSE: SA). As of 2Q25, Seabridge Gold maintained a robust financial position, with cash and cash equivalents of $121.4 million, supported by a US$100.2 million equity financing in February 2025 and a $30.5 million flow-through financing in June 2025. Operating costs remain focused on advancing its flagship KSM project and exploration at Iskut, 3 Aces, and Snowstorm. Seabridge also renewed its US$750 million base shelf prospectus and US$100 million ATM facility in early 2025.","length":642,"tagName":"p"},{"type":"text","content":"To view the full announcement, including downloadable images, bios, and more, click here.","length":89,"tagName":"p"},{"type":"text","content":"Key Takeaways:","length":14,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Field programs advanced with data collection and BC Hydro substation construction on track for Q4 2026 completion; partnership discussions remain on course for YE25 announcement.","length":178,"tagName":"p"}]},{"val":[{"type":"text","content":"Posted Q2 net profit of $12.3M ($0.12/share) vs. $45.2M in Q2 2024, primarily due to remeasurement of secured note liabilities; invested $21.1M into projects during the quarter.","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"Drilling at Iskut's Snip North confirmed a large copper-gold porphyry deposit with significant intercepts, supporting a maiden resource estimate expected in early 2026.","length":172,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":527,"olType":false},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":289,"url":"https://media.zenfs.com/en/newsfile_64/10730f1c8554dc3a7f54587e9e94d3cb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GlM0m2K3aUV5tJilEPfoEg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTUwNDtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/10730f1c8554dc3a7f54587e9e94d3cb","width":550,"height":289}},"href":"https://api.newsfilecorp.com/redirect/EZvwviaZwp","hrefExternal":true},{"type":"text","content":"Click image above to view full announcement.","length":44,"tagName":"p","attribs":{}},{"type":"horiz...