Seabridge Gold Inc. (SA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Seabridge Gold Inc. (SA) stock price & volume — 10-year historical chart
Seabridge Gold Inc. (SA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Seabridge Gold Inc. (SA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 26, 2026 | $0.30vs $0.03-900.0% | — |
| Q4 2025 | Nov 12, 2025 | $0.23vs $0.03-666.7% | — |
| Q3 2025 | Aug 13, 2025 | $0.09 | — |
| Q2 2025 | May 13, 2025 | $0.08 | — |
Seabridge Gold Inc. (SA) competitors in Gold developers and project builders — business model, growth, and fundamentals comparison
Seabridge Gold Inc. (SA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Seabridge Gold Inc. (SA) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 2.06M | 7.44M | 27.76K | 0 | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0▲ 0% | -2.06M▲ 0% | -7.44M▼ 261.8% | -27.76K▲ 99.6% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | - | - | -261.82% | 99.63% | 100% | - | - | - | - | - |
| Operating Expenses | 9.68M | 15.73M | 19.81M | 10.26M | 16.53M | 18.76M | 22.81M | 17.44M | 21.63M | 21.71M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 9.68M | 13.67M | 12.37M | 10.26M | 16.53M | 13.38M | 16.09M | 17.44M | 21.18M | 21.71M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 5.37M | 6.31M | 0 | 0 | 5.38M | 6.72M | 0 | 450K | 0 |
| Operating Income | -9.68M▲ 0% | -15.73M▼ 62.5% | -12.37M▲ 21.4% | -10.29M▲ 16.8% | -16.53M▼ 60.7% | -18.76M▼ 13.5% | -22.81M▼ 21.6% | -17.44M▲ 23.5% | -21.63M▼ 24.0% | -21.71M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -2.86% | -62.51% | 21.36% | 16.84% | -60.68% | -13.47% | -21.63% | 23.54% | -24.02% | - |
| EBITDA | -9.66M | -13.67M | -4.93M | -10.26M | -16.42M | -18.67M | -22.73M | -17.31M | -21.5M | -21.56M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -50.89% | -41.54% | 63.94% | -108.06% | -60.05% | -13.71% | -21.73% | 23.84% | -24.18% | -21.6% |
| D&A (Non-Cash Add-back) | 19K | 2.06M | 7.44M | 27.76K | 110K | 85K | 84K | 132K | 136K | 157K |
| EBIT | -4.32M | -8.02M | -14.81M | -9.13M | -16.64M | 5.64M | 4.34M | -33.67M | -19.26M | -10.31M |
| Net Interest Income | 1.01M | 117K | 20K | 9.25K | -701K | 82K | -677K | -3.75M | 2.8M | 3.83M |
| Interest Income | 1.01M | 149K | 164K | 279K | 114K | 176K | 2.79M | 0 | 3.17M | 4.39M |
| Interest Expense | 0 | 32K | 144K | 267K | 815K | 94K | 3.47M | 3.75M | 366K | 563K |
| Other Income/Expense | 5.36M | 7.61M | -2.6M | 794.29K | 788K | 24.28M | 23.69M | -20.52M | 1.76M | -23.05M |
| Pretax Income | -4.32M▲ 0% | -8.12M▼ 88.3% | -14.97M▼ 84.3% | -9.49M▲ 36.6% | -15.74M▼ 65.8% | 5.53M▲ 135.1% | 874K▼ 84.2% | -37.96M▼ 4443.4% | -19.87M▲ 47.7% | -44.76M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | 2.97M | 2.16M | 4.97M | -537.5K | -800K | 4.63M | 8.27M | -8.7M | 11.38M | 5.39M |
| Effective Tax Rate % | -68.92% | -26.64% | -33.17% | 5.66% | 5.08% | 83.8% | 946% | 22.91% | -57.24% | -12.05% |
| Net Income | -7.29M▲ 0% | -10.29M▼ 41.1% | -19.94M▼ 93.8% | -8.96M▲ 55.1% | -14.94M▼ 66.8% | 895K▲ 106.0% | -7.39M▼ 926.1% | -29.27M▼ 295.8% | -31.25M▼ 6.8% | -50.15M▲ 0% |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | 19.6% | -41.13% | -93.84% | 55.09% | -66.85% | 105.99% | -926.15% | -295.81% | -6.77% | -595.23% |
| Net Income (Continuing) | -7.29M | -10.29M | -19.94M | -8.96M | -14.94M | 895K | -7.39M | -29.27M | -31.25M | -50.15M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.14▲ 0% | -0.18▼ 28.6% | -0.34▼ 88.9% | -0.19▲ 44.1% | -0.23▼ 21.1% | 0.01▲ 105.0% | -0.09▼ 903.5% | -0.35▼ 278.8% | -0.35▲ 0.0% | -0.49▲ 0% |
| EPS Growth % | 22.22% | -28.57% | -88.89% | 44.12% | -21.05% | 105% | -903.48% | -278.79% | 0% | -249.29% |
| EPS (Basic) | -0.14 | -0.18 | -0.34 | -0.19 | -0.23 | 0.01 | -0.09 | -0.35 | -0.35 | - |
| Diluted Shares Outstanding | 53.33M | 56.43M | 59.1M | 62.36M | 66.37M | 77.6M | 80.06M | 83M | 88.77M | 102.33M |
| Basic Shares Outstanding | 53.33M | 56.43M | 59.1M | 62.36M | 66.37M | 76.41M | 80.06M | 83M | 88.77M | 102.33M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Seabridge Gold Inc. (SA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 13.06M | 23.59M | 24.47M | 19.21M | 46.23M | 54.16M | 140.39M | 93.95M | 58.15M | 124.92M |
| Cash & Short-Term Investments | 12.43M | 22.97M | 22.85M | 15.94M | 41.26M | 44.13M | 131.54M | 86.19M | 55.22M | 111.28M |
| Cash Only | 1.65M | 4.05M | 2.93M | 8.79M | 17.53M | 11.52M | 46.15M | 82.44M | 49.81M | 103.1M |
| Short-Term Investments | 10.78M | 18.92M | 19.93M | 7.15M | 23.73M | 32.61M | 85.39M | 3.75M | 5.4M | 8.18M |
| Accounts Receivable | 250K | 265K | 1.2M | 0 | 0 | 10.03M | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 2.21M | 2.79M | -8.05M | 4.88M | 4.49M | 1.31M | 6.83M |
| Total Non-Current Assets | 324.92M | 359.32M | 398.99M | 430.16M | 601.59M | 693.58M | 955.23M | 1.26B | 1.39B | 1.58B |
| Property, Plant & Equipment | 322.93M | 358.13M | 395.3M | 425.94M | 591.68M | 662.28M | 881.5M | 1.13B | 1.25B | 1.39B |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.99M | 1.19M | 2.46M | 2.36M | 2.61M | 2.43M | 1.39M | 1.25M | 913K | 4.44M |
| Other Non-Current Assets | 1.99M | 1.19M | 1.22M | 1.86M | 7.3M | 28.88M | 72.35M | 127.3M | 142.25M | 688.84M |
| Total Assets | 337.99M▲ 0% | 382.91M▲ 13.3% | 423.46M▲ 10.6% | 449.37M▲ 6.1% | 647.82M▲ 44.2% | 747.74M▲ 15.4% | 1.1B▲ 46.5% | 1.35B▲ 23.3% | 1.45B▲ 7.5% | 1.71B▲ 0% |
| Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Asset Growth % | 12.46% | 13.29% | 10.59% | 6.12% | 44.16% | 15.42% | 46.52% | 23.31% | 7.53% | 62.67% |
| Total Current Liabilities | 5.72M | 6.19M | 6.5M | 6.69M | 10.19M | 17.3M | 51.99M | 39.41M | 20.32M | 41.75M |
| Accounts Payable | 1.78M | 1.85M | 2.47M | 2.25M | 2.52M | 10.19M | 15.69M | 27.3M | 8.53M | 7.72M |
| Days Payables Outstanding | - | 327.9 | 121.29 | 29.61K | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.08M | 4.34M | 4.03M | 4.39M | 7.63M | 5.05M | 35.8M | 11.73M | 11.45M | 33.69M |
| Current Ratio | 2.28x | 3.81x | 3.76x | 2.87x | 4.53x | 3.13x | 2.70x | 2.38x | 2.86x | 2.86x |
| Quick Ratio | 2.28x | 3.81x | 3.76x | 2.87x | 4.53x | 3.13x | 2.70x | 2.38x | 2.86x | 2.86x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 20.91M | 21.08M | 30.4M | 27.66M | 22.91M | 28.11M | 303.09M | 581.63M | 589.4M | 608.42M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 263.54M | 573.89M | 562.55M | 583.14M |
| Capital Lease Obligations | 0 | 0 | 0 | 228K | 207K | 182K | 1.11M | 1.06M | 1M | 3.93M |
| Deferred Tax Liabilities | 17.4M | 18.6M | 23.29M | 0 | 0 | 23.16M | 0 | 0 | 0 | 32.99M |
| Other Non-Current Liabilities | 20.91M | 2.48M | 7.11M | 27.43M | 22.7M | 4.76M | 38.44M | 6.68M | 25.85M | 60.49M |
| Total Liabilities | 26.63M | 27.27M | 36.91M | 34.35M | 33.1M | 45.41M | 355.09M | 621.04M | 609.72M | 650.17M |
| Total Debt | 0 | 0 | 0 | 274K | 248K | 272K | 265.17M | 575.32M | 563.9M | 584.44M |
| Net Debt | -1.65M | -4.05M | -2.93M | -8.52M | -17.28M | -11.25M | 219.02M | 492.89M | 514.09M | 481.33M |
| Debt / Equity | - | - | - | 0.00x | 0.00x | 0.00x | 0.36x | 0.79x | 0.67x | 0.67x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -27.11x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -22.33x |
| Interest Coverage | - | -491.53x | -85.90x | -38.53x | -20.28x | -199.53x | -6.57x | -4.66x | -59.10x | -18.32x |
| Total Equity | 311.36M▲ 0% | 355.64M▲ 14.2% | 386.56M▲ 8.7% | 415.02M▲ 7.4% | 614.72M▲ 48.1% | 702.33M▲ 14.3% | 740.53M▲ 5.4% | 729.92M▼ 1.4% | 843.02M▲ 15.5% | 1.06B▲ 0% |
| Equity Growth % | 10.42% | 14.22% | 8.69% | 7.36% | 48.12% | 14.25% | 5.44% | -1.43% | 15.49% | 96.62% |
| Book Value per Share | 5.84 | 6.30 | 6.54 | 6.66 | 9.26 | 9.05 | 9.25 | 8.79 | 9.50 | 10.33 |
| Total Shareholders' Equity | 311.36M | 355.64M | 386.56M | 415.02M | 614.72M | 702.33M | 740.53M | 729.92M | 843.02M | 1.06B |
| Common Stock | 360.65M | 405.93M | 457.07M | 494.86M | 704.6M | 809.27M | 856.46M | 934.61M | 1.05B | 1.28B |
| Retained Earnings | -96.36M | -106.65M | -124.32M | -135.94M | -150.88M | -149.98M | -157.38M | -186.64M | -217.89M | -227.28M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 593K | 495K | -2.35M | 20.03M | 24.91M | -1.78M | 5.29M | -57.53M | -30.33M | -30.66M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Seabridge Gold Inc. (SA) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -5.18M | -10.14M | -9.41M | -10.9M | -9.74M | -11.74M | -7.98M | -21.54M | -14.22M | -14.22M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | 30.27% | -95.85% | 7.25% | -15.84% | 10.56% | -20.44% | 31.98% | -169.79% | 33.97% | -146.45% |
| Net Income | -7.29M | -10.29M | -19.94M | -11.61M | -14.94M | 895K | -7.39M | -29.27M | -31.25M | -50.15M |
| Depreciation & Amortization | -866K | -2.12M | 1.17M | 36K | 36K | 85K | 84K | 385K | 136K | 93K |
| Stock-Based Compensation | 3.67M | 7.52M | 5.18M | 5.4M | 8.8M | 3.51M | 3.14M | 3.27M | 3.68M | 4.32M |
| Deferred Taxes | 2.97M | 2.16M | 4.97M | -697K | -800K | 4.63M | 8.27M | -8.7M | 11.38M | 5.39M |
| Other Non-Cash Items | -5.22M | -7.46M | -729K | -2.22M | -1.41M | -21.89M | -17.08M | 12.67M | 1.23M | 26.23M |
| Working Capital Changes | 687K | -2.08M | -50K | -1.8M | -1.43M | 1.03M | 5M | 100K | 605K | 3.97M |
| Change in Receivables | -3K | 15K | -997K | -1.66M | -1.7M | -5.06M | -845K | 457K | -32K | 3.16M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -16.55M | -28.15M | -42.65M | -14.77M | -180.46M | -78.64M | -286.44M | -202.9M | -121.24M | -170.81M |
| Capital Expenditures | -24.07M | -21.92M | -37.07M | -27.2M | -158.79M | -73.61M | -183.3M | -230.16M | -106.28M | -115.93M |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | -1.6M | -2.62M | -530K | -101K | -437K | -39K | 0 | 0 | 0 | -684K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 9.12K | 892K | -38K | -533K | 0 | 4.34M | -50.69M | -53.72M | -14.96M | -54.41M |
| Cash from Financing | 22.39M | 40.7K | 50.93M | 31.53M | 199.72M | 84.56M | 325.83M | 260.45M | 101.27M | 232.11M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | -21K | -77K | 281.93M | 198.82M | -639K | -269K |
| Equity Issued (Net) | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 40.7K | 9.34M | 5.2M | 4.3M | 25.53M | 7.32M | 107K | 886K | 174.8M |
| Net Change in Cash | 656K▲ 0% | 2.4M▲ 266.3% | -1.12M▼ 146.7% | 5.87M▲ 622.7% | 8.73M▲ 48.9% | -6M▼ 168.7% | 34.63M▲ 676.6% | 36.29M▲ 4.8% | -32.62M▼ 189.9% | 51.94M▲ 0% |
| Free Cash Flow | -29.25M▲ 0% | -32.06M▼ 9.6% | -46.47M▼ 45.0% | -38.1M▲ 18.0% | -168.54M▼ 342.4% | -85.35M▲ 49.4% | -191.28M▼ 124.1% | -251.7M▼ 31.6% | -120.5M▲ 52.1% | -126.08M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -12.37% | -9.6% | -44.97% | 18.03% | -342.4% | 49.36% | -124.12% | -31.59% | 52.13% | 21.7% |
| FCF per Share | -0.55 | -0.57 | -0.79 | -0.61 | -2.54 | -1.10 | -2.39 | -3.03 | -1.36 | -1.36 |
| FCF Conversion (FCF/Net Income) | 0.71x | 0.99x | 0.47x | 1.22x | 0.65x | -13.11x | 1.08x | 0.74x | 0.46x | 2.51x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Seabridge Gold Inc. (SA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -2.46% | -3.08% | -5.37% | -2.23% | -2.9% | 0.14% | -1.02% | -3.98% | -3.97% | -4.75% |
| Return on Invested Capital (ROIC) | -2.46% | -3.57% | -2.52% | -1.95% | -2.47% | -2.18% | -2.07% | -1.2% | -1.26% | -1.26% |
| Debt / Equity | - | - | - | 0.00x | 0.00x | 0.00x | 0.36x | 0.79x | 0.67x | 0.67x |
| Interest Coverage | - | -491.53x | -85.90x | -38.53x | -20.28x | -199.53x | -6.57x | -4.66x | -59.10x | -18.32x |
| FCF Conversion | 0.71x | 0.99x | 0.47x | 1.22x | 0.65x | -13.11x | 1.08x | 0.74x | 0.46x | 2.51x |
Seabridge Gold Inc. (SA) stock FAQ — growth, dividends, profitability & financials explained
Seabridge Gold Inc. (SA) grew revenue by 0.0% over the past year. Growth has been modest.
Seabridge Gold Inc. (SA) reported a net loss of $50.2M for fiscal year 2024.
Seabridge Gold Inc. (SA) has a return on equity (ROE) of -4.0%. Negative ROE indicates the company is unprofitable.
Seabridge Gold Inc. (SA) had negative free cash flow of $126.1M in fiscal year 2024, likely due to heavy capital investments.
Seabridge Gold Inc. (SA) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates