Seabridge Gold Inc. (SA) 10-Year Financial Performance & Capital Metrics

SA • • Industrial / General

Basic MaterialsGoldDevelopment-Stage Gold CompaniesAdvanced Development Projects

AboutSeabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for copper, silver, molybdenum, and rhenium deposits. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project located in the Nevada; and 3 Aces project located in the Yukon Territory. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was incorporated in 1979 and is headquartered in Toronto, Canada.Show more

Revenue $0
EBITDA -$21M -24.2%
Net Income -$31M -6.8%
EPS (Diluted) -0.35
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -3.97% +0.2%
ROIC -1.26% -4.9%
Debt/Equity 0.67 -15.1%
Interest Coverage -59.10 -1169.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 93 (top 7%)
✓Trading near 52-week high

✗Weaknesses

✗Low quality earnings: Net income not backed by cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-595.23%

EPS CAGR

10Y-

5Y-

3Y-

TTM-249.29%

ROCE

10Y Avg-2.77%

5Y Avg-2.29%

3Y Avg-1.88%

Latest-1.58%

Peer Comparison

Advanced Development Projects

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ORLAOrla Mining Ltd.	4.98B	14.65	54.26	37.61%	6.98%	9.42%	2.92%	0.00
VGZVista Gold Corp.	276.4M	2.19	0.02			-50.58%
ODVOsisko Development Corp.	895.28M	3.51	-3.82	-85.58%	-22.26%	-45.88%		0.08
IAUXi-80 Gold Corp.	1.28B	1.55	-4.56	-8.33%	-134.89%	-30.97%		0.56
HYMCHycroft Mining Holding Corporation	2.87B	34.59	-13.15		-5.74%	-96.05%
NGNovaGold Resources Inc.	4.11B	10.09	-77.62			-50.76%
SASeabridge Gold Inc.	3.27B	31.32	-89.49			-4.75%		0.67
THMInternational Tower Hill Mines Ltd.	455.27M	2.19	-127.33			-6.16%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	0	0	2.06M	7.44M	27.76K	0	0	0	0	0
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	0	0	-2.06M	-7.44M	-27.76K	0	0	0	0	0
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-	-2.62%	1%	1%	-	-	-	-
Operating Expenses+	9.41M	9.68M	15.73M	19.81M	10.26M	16.53M	18.76M	22.81M	17.44M	21.63M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	9.41M	9.68M	13.67M	12.37M	10.26M	16.53M	13.38M	16.09M	17.44M	21.18M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	5.37M	6.31M	0	0	5.38M	6.72M	0	450K
Operating Income+	-9.41M	-9.68M	-15.73M	-12.37M	-10.29M	-16.53M	-18.76M	-22.81M	-17.44M	-21.63M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.33%	-0.03%	-0.63%	0.21%	0.17%	-0.61%	-0.13%	-0.22%	0.24%	-0.24%
EBITDA+	-6.4M	-9.66M	-13.67M	-4.93M	-10.26M	-16.42M	-18.67M	-22.73M	-17.31M	-21.5M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.55%	-0.51%	-0.42%	0.64%	-1.08%	-0.6%	-0.14%	-0.22%	0.24%	-0.24%
D&A (Non-Cash Add-back)	3.01M	19K	2.06M	7.44M	27.76K	110K	85K	84K	132K	136K
EBIT	-9.76M	-4.32M	-8.02M	-14.81M	-9.13M	-16.64M	5.64M	4.34M	-33.67M	-19.26M
Net Interest Income+	81K	1.01M	117K	20K	9.25K	-701K	82K	-677K	-3.75M	2.8M
Interest Income	101K	1.01M	149K	164K	279K	114K	176K	2.79M	0	3.17M
Interest Expense	20K	0	32K	144K	267K	815K	94K	3.47M	3.75M	366K
Other Income/Expense	3.04M	5.36M	7.61M	-2.6M	794.29K	788K	24.28M	23.69M	-20.52M	1.76M
Pretax Income+	-6.37M	-4.32M	-8.12M	-14.97M	-9.49M	-15.74M	5.53M	874K	-37.96M	-19.87M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.7M	2.97M	2.16M	4.97M	-537.5K	-800K	4.63M	8.27M	-8.7M	11.38M
Effective Tax Rate %	1.42%	1.69%	1.27%	1.33%	0.94%	0.95%	0.16%	-8.46%	0.77%	1.57%
Net Income+	-9.07M	-7.29M	-10.29M	-19.94M	-8.96M	-14.94M	895K	-7.39M	-29.27M	-31.25M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.3%	0.2%	-0.41%	-0.94%	0.55%	-0.67%	1.06%	-9.26%	-2.96%	-0.07%
Net Income (Continuing)	-9.07M	-7.29M	-10.29M	-19.94M	-8.96M	-14.94M	895K	-7.39M	-29.27M	-31.25M
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)+	-0.18	-0.14	-0.18	-0.34	-0.19	-0.23	0.01	-0.09	-0.35	-0.35
EPS Growth %	0.33%	0.22%	-0.29%	-0.89%	0.44%	-0.21%	1.05%	-9.03%	-2.79%	0%
EPS (Basic)	-0.18	-0.14	-0.18	-0.34	-0.19	-0.23	0.01	-0.09	-0.35	-0.35
Diluted Shares Outstanding	49.83M	53.33M	56.43M	59.1M	62.36M	66.37M	77.6M	80.06M	83M	88.77M
Basic Shares Outstanding	49.83M	53.33M	56.43M	59.1M	62.36M	66.37M	76.41M	80.06M	83M	88.77M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	20.13M	13.06M	23.59M	24.47M	19.21M	46.23M	54.16M	140.39M	93.95M	58.15M
Cash & Short-Term Investments	19.57M	12.43M	22.97M	22.85M	15.94M	41.26M	44.13M	131.54M	86.19M	55.22M
Cash Only	990K	1.65M	4.05M	2.93M	8.79M	17.53M	11.52M	46.15M	82.44M	49.81M
Short-Term Investments	18.58M	10.78M	18.92M	19.93M	7.15M	23.73M	32.61M	85.39M	3.75M	5.4M
Accounts Receivable	249K	250K	265K	1.2M	0	0	10.03M	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	0	2.21M	2.79M	-8.05M	4.88M	4.49M	1.31M
Total Non-Current Assets+	280.39M	324.92M	359.32M	398.99M	430.16M	601.59M	693.58M	955.23M	1.26B	1.39B
Property, Plant & Equipment	278.8M	322.93M	358.13M	395.3M	425.94M	591.68M	662.28M	881.5M	1.13B	1.25B
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
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	1.59M	1.99M	1.19M	2.46M	2.36M	2.61M	2.43M	1.39M	1.25M	913K
Other Non-Current Assets	1.59M	1.99M	1.19M	1.22M	1.86M	7.3M	28.88M	72.35M	127.3M	142.25M
Total Assets+	300.53M	337.99M	382.91M	423.46M	449.37M	647.82M	747.74M	1.1B	1.35B	1.45B
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	0.08%	0.12%	0.13%	0.11%	0.06%	0.44%	0.15%	0.47%	0.23%	0.08%
Total Current Liabilities+	2.37M	5.72M	6.19M	6.5M	6.69M	10.19M	17.3M	51.99M	39.41M	20.32M
Accounts Payable	1.19M	1.78M	1.85M	2.47M	2.25M	2.52M	10.19M	15.69M	27.3M	8.53M
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	1.18M	4.08M	4.34M	4.03M	4.39M	7.63M	5.05M	35.8M	11.73M	11.45M
Current Ratio	8.48x	2.28x	3.81x	3.76x	2.87x	4.53x	3.13x	2.70x	2.38x	2.86x
Quick Ratio	8.48x	2.28x	3.81x	3.76x	2.87x	4.53x	3.13x	2.70x	2.38x	2.86x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	16.17M	20.91M	21.08M	30.4M	27.66M	22.91M	28.11M	303.09M	581.63M	589.4M
Long-Term Debt	0	0	0	0	0	0	0	263.54M	573.89M	562.55M
Capital Lease Obligations	0	0	0	0	228K	207K	182K	1.11M	1.06M	1M
Deferred Tax Liabilities	14.84M	17.4M	18.6M	23.29M	0	0	23.16M	0	0	0
Other Non-Current Liabilities	1.33M	20.91M	2.48M	7.11M	27.43M	22.7M	4.76M	38.44M	6.68M	25.85M
Total Liabilities	18.54M	26.63M	27.27M	36.91M	34.35M	33.1M	45.41M	355.09M	621.04M	609.72M
Total Debt+	0	0	0	0	274K	248K	272K	265.17M	575.32M	563.9M
Net Debt	-990K	-1.65M	-4.05M	-2.93M	-8.52M	-17.28M	-11.25M	219.02M	492.89M	514.09M
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.36x	0.79x	0.67x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-470.50x	-	-491.53x	-85.90x	-38.53x	-20.28x	-199.53x	-6.57x	-4.66x	-59.10x
Total Equity+	281.98M	311.36M	355.64M	386.56M	415.02M	614.72M	702.33M	740.53M	729.92M	843.02M
Equity Growth %	0.09%	0.1%	0.14%	0.09%	0.07%	0.48%	0.14%	0.05%	-0.01%	0.15%
Book Value per Share	5.66	5.84	6.30	6.54	6.66	9.26	9.05	9.25	8.79	9.50
Total Shareholders' Equity	281.98M	311.36M	355.64M	386.56M	415.02M	614.72M	702.33M	740.53M	729.92M	843.02M
Common Stock	325.62M	360.65M	405.93M	457.07M	494.86M	704.6M	809.27M	856.46M	934.61M	1.05B
Retained Earnings	-89.08M	-96.36M	-106.65M	-124.32M	-135.94M	-150.88M	-149.98M	-157.38M	-186.64M	-217.89M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	137K	593K	495K	-2.35M	20.03M	24.91M	-1.78M	5.29M	-57.53M	-30.33M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-7.43M	-5.18M	-10.14M	-9.41M	-10.9M	-9.74M	-11.74M	-7.98M	-21.54M	-14.22M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-0.75%	0.3%	-0.96%	0.07%	-0.16%	0.11%	-0.2%	0.32%	-1.7%	0.34%
Net Income	-9.07M	-7.29M	-10.29M	-19.94M	-11.61M	-14.94M	895K	-7.39M	-29.27M	-31.25M
Depreciation & Amortization	-117K	-866K	-2.12M	1.17M	36K	36K	85K	84K	385K	136K
Stock-Based Compensation	3.65M	3.67M	7.52M	5.18M	5.4M	8.8M	3.51M	3.14M	3.27M	3.68M
Deferred Taxes	2.7M	2.97M	2.16M	4.97M	-697K	-800K	4.63M	8.27M	-8.7M	11.38M
Other Non-Cash Items	-3M	-5.22M	-7.46M	-729K	-2.22M	-1.41M	-21.89M	-17.08M	12.67M	1.23M
Working Capital Changes	-1.7M	687K	-2.08M	-50K	-1.8M	-1.43M	1.03M	5M	100K	605K
Change in Receivables	408K	-3K	15K	-997K	-1.66M	-1.7M	-5.06M	-845K	457K	-32K
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+	-21.69M	-16.55M	-28.15M	-42.65M	-14.77M	-180.46M	-78.64M	-286.44M	-202.9M	-121.24M
Capital Expenditures	-18.6M	-24.07M	-21.92M	-37.07M	-27.2M	-158.79M	-73.61M	-183.3M	-230.16M	-106.28M
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.12M	9.12K	892K	-38K	-533K	0	4.34M	-50.69M	-53.72M	-14.96M
Cash from Financing+	29.85M	22.39M	40.7K	50.93M	31.53M	199.72M	84.56M	325.83M	260.45M	101.27M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	40.7K	9.34M	5.2M	4.3M	25.53M	7.32M	107K	886K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-26.03M	-29.25M	-32.06M	-46.47M	-38.1M	-168.54M	-85.35M	-191.28M	-251.7M	-120.5M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	0.26%	-0.12%	-0.1%	-0.45%	0.18%	-3.42%	0.49%	-1.24%	-0.32%	0.52%
FCF per Share	-0.52	-0.55	-0.57	-0.79	-0.61	-2.54	-1.10	-2.39	-3.03	-1.36
FCF Conversion (FCF/Net Income)	0.82x	0.71x	0.99x	0.47x	1.22x	0.65x	-13.11x	1.08x	0.74x	0.46x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-3.35%	-2.46%	-3.08%	-5.37%	-2.23%	-2.9%	0.14%	-1.02%	-3.98%	-3.97%
Return on Invested Capital (ROIC)	-2.61%	-2.46%	-3.57%	-2.52%	-1.95%	-2.47%	-2.18%	-2.07%	-1.2%	-1.26%
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.36x	0.79x	0.67x
Interest Coverage	-470.50x	-	-491.53x	-85.90x	-38.53x	-20.28x	-199.53x	-6.57x	-4.66x	-59.10x
FCF Conversion	0.82x	0.71x	0.99x	0.47x	1.22x	0.65x	-13.11x	1.08x	0.74x	0.46x

Frequently Asked Questions

Growth & Financials

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.

Dividend & Returns

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.

US Stock Screener

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Seabridge Gold Inc. (SA) 10-Year Financial Performance & Capital Metrics

SA • • Industrial / General

Basic MaterialsGoldDevelopment-Stage Gold CompaniesAdvanced Development Projects

Revenue $0
EBITDA -$21M -24.2%
Net Income -$31M -6.8%
EPS (Diluted) -0.35
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -3.97% +0.2%
ROIC -1.26% -4.9%
Debt/Equity 0.67 -15.1%
Interest Coverage -59.10 -1169.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 93 (top 7%)
✓Trading near 52-week high

✗Weaknesses

✗Low quality earnings: Net income not backed by cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-595.23%

EPS CAGR

10Y-

5Y-

3Y-

TTM-249.29%

ROCE

10Y Avg-2.77%

5Y Avg-2.29%

3Y Avg-1.88%

Latest-1.58%

Peer Comparison

Advanced Development Projects

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ORLAOrla Mining Ltd.	4.98B	14.65	54.26	37.61%	6.98%	9.42%	2.92%	0.00
VGZVista Gold Corp.	276.4M	2.19	0.02			-50.58%
ODVOsisko Development Corp.	895.28M	3.51	-3.82	-85.58%	-22.26%	-45.88%		0.08
IAUXi-80 Gold Corp.	1.28B	1.55	-4.56	-8.33%	-134.89%	-30.97%		0.56
HYMCHycroft Mining Holding Corporation	2.87B	34.59	-13.15		-5.74%	-96.05%
NGNovaGold Resources Inc.	4.11B	10.09	-77.62			-50.76%
SASeabridge Gold Inc.	3.27B	31.32	-89.49			-4.75%		0.67
THMInternational Tower Hill Mines Ltd.	455.27M	2.19	-127.33			-6.16%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	0	0	2.06M	7.44M	27.76K	0	0	0	0	0
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	0	0	-2.06M	-7.44M	-27.76K	0	0	0	0	0
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-	-	-	-2.62%	1%	1%	-	-	-	-
Operating Expenses+	9.41M	9.68M	15.73M	19.81M	10.26M	16.53M	18.76M	22.81M	17.44M	21.63M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	9.41M	9.68M	13.67M	12.37M	10.26M	16.53M	13.38M	16.09M	17.44M	21.18M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	5.37M	6.31M	0	0	5.38M	6.72M	0	450K
Operating Income+	-9.41M	-9.68M	-15.73M	-12.37M	-10.29M	-16.53M	-18.76M	-22.81M	-17.44M	-21.63M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	0.33%	-0.03%	-0.63%	0.21%	0.17%	-0.61%	-0.13%	-0.22%	0.24%	-0.24%
EBITDA+	-6.4M	-9.66M	-13.67M	-4.93M	-10.26M	-16.42M	-18.67M	-22.73M	-17.31M	-21.5M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	0.55%	-0.51%	-0.42%	0.64%	-1.08%	-0.6%	-0.14%	-0.22%	0.24%	-0.24%
D&A (Non-Cash Add-back)	3.01M	19K	2.06M	7.44M	27.76K	110K	85K	84K	132K	136K
EBIT	-9.76M	-4.32M	-8.02M	-14.81M	-9.13M	-16.64M	5.64M	4.34M	-33.67M	-19.26M
Net Interest Income+	81K	1.01M	117K	20K	9.25K	-701K	82K	-677K	-3.75M	2.8M
Interest Income	101K	1.01M	149K	164K	279K	114K	176K	2.79M	0	3.17M
Interest Expense	20K	0	32K	144K	267K	815K	94K	3.47M	3.75M	366K
Other Income/Expense	3.04M	5.36M	7.61M	-2.6M	794.29K	788K	24.28M	23.69M	-20.52M	1.76M
Pretax Income+	-6.37M	-4.32M	-8.12M	-14.97M	-9.49M	-15.74M	5.53M	874K	-37.96M	-19.87M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	2.7M	2.97M	2.16M	4.97M	-537.5K	-800K	4.63M	8.27M	-8.7M	11.38M
Effective Tax Rate %	1.42%	1.69%	1.27%	1.33%	0.94%	0.95%	0.16%	-8.46%	0.77%	1.57%
Net Income+	-9.07M	-7.29M	-10.29M	-19.94M	-8.96M	-14.94M	895K	-7.39M	-29.27M	-31.25M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	0.3%	0.2%	-0.41%	-0.94%	0.55%	-0.67%	1.06%	-9.26%	-2.96%	-0.07%
Net Income (Continuing)	-9.07M	-7.29M	-10.29M	-19.94M	-8.96M	-14.94M	895K	-7.39M	-29.27M	-31.25M
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)+	-0.18	-0.14	-0.18	-0.34	-0.19	-0.23	0.01	-0.09	-0.35	-0.35
EPS Growth %	0.33%	0.22%	-0.29%	-0.89%	0.44%	-0.21%	1.05%	-9.03%	-2.79%	0%
EPS (Basic)	-0.18	-0.14	-0.18	-0.34	-0.19	-0.23	0.01	-0.09	-0.35	-0.35
Diluted Shares Outstanding	49.83M	53.33M	56.43M	59.1M	62.36M	66.37M	77.6M	80.06M	83M	88.77M
Basic Shares Outstanding	49.83M	53.33M	56.43M	59.1M	62.36M	66.37M	76.41M	80.06M	83M	88.77M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	20.13M	13.06M	23.59M	24.47M	19.21M	46.23M	54.16M	140.39M	93.95M	58.15M
Cash & Short-Term Investments	19.57M	12.43M	22.97M	22.85M	15.94M	41.26M	44.13M	131.54M	86.19M	55.22M
Cash Only	990K	1.65M	4.05M	2.93M	8.79M	17.53M	11.52M	46.15M	82.44M	49.81M
Short-Term Investments	18.58M	10.78M	18.92M	19.93M	7.15M	23.73M	32.61M	85.39M	3.75M	5.4M
Accounts Receivable	249K	250K	265K	1.2M	0	0	10.03M	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	0	2.21M	2.79M	-8.05M	4.88M	4.49M	1.31M
Total Non-Current Assets+	280.39M	324.92M	359.32M	398.99M	430.16M	601.59M	693.58M	955.23M	1.26B	1.39B
Property, Plant & Equipment	278.8M	322.93M	358.13M	395.3M	425.94M	591.68M	662.28M	881.5M	1.13B	1.25B
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
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	1.59M	1.99M	1.19M	2.46M	2.36M	2.61M	2.43M	1.39M	1.25M	913K
Other Non-Current Assets	1.59M	1.99M	1.19M	1.22M	1.86M	7.3M	28.88M	72.35M	127.3M	142.25M
Total Assets+	300.53M	337.99M	382.91M	423.46M	449.37M	647.82M	747.74M	1.1B	1.35B	1.45B
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	0.08%	0.12%	0.13%	0.11%	0.06%	0.44%	0.15%	0.47%	0.23%	0.08%
Total Current Liabilities+	2.37M	5.72M	6.19M	6.5M	6.69M	10.19M	17.3M	51.99M	39.41M	20.32M
Accounts Payable	1.19M	1.78M	1.85M	2.47M	2.25M	2.52M	10.19M	15.69M	27.3M	8.53M
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	1.18M	4.08M	4.34M	4.03M	4.39M	7.63M	5.05M	35.8M	11.73M	11.45M
Current Ratio	8.48x	2.28x	3.81x	3.76x	2.87x	4.53x	3.13x	2.70x	2.38x	2.86x
Quick Ratio	8.48x	2.28x	3.81x	3.76x	2.87x	4.53x	3.13x	2.70x	2.38x	2.86x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	16.17M	20.91M	21.08M	30.4M	27.66M	22.91M	28.11M	303.09M	581.63M	589.4M
Long-Term Debt	0	0	0	0	0	0	0	263.54M	573.89M	562.55M
Capital Lease Obligations	0	0	0	0	228K	207K	182K	1.11M	1.06M	1M
Deferred Tax Liabilities	14.84M	17.4M	18.6M	23.29M	0	0	23.16M	0	0	0
Other Non-Current Liabilities	1.33M	20.91M	2.48M	7.11M	27.43M	22.7M	4.76M	38.44M	6.68M	25.85M
Total Liabilities	18.54M	26.63M	27.27M	36.91M	34.35M	33.1M	45.41M	355.09M	621.04M	609.72M
Total Debt+	0	0	0	0	274K	248K	272K	265.17M	575.32M	563.9M
Net Debt	-990K	-1.65M	-4.05M	-2.93M	-8.52M	-17.28M	-11.25M	219.02M	492.89M	514.09M
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.36x	0.79x	0.67x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-470.50x	-	-491.53x	-85.90x	-38.53x	-20.28x	-199.53x	-6.57x	-4.66x	-59.10x
Total Equity+	281.98M	311.36M	355.64M	386.56M	415.02M	614.72M	702.33M	740.53M	729.92M	843.02M
Equity Growth %	0.09%	0.1%	0.14%	0.09%	0.07%	0.48%	0.14%	0.05%	-0.01%	0.15%
Book Value per Share	5.66	5.84	6.30	6.54	6.66	9.26	9.05	9.25	8.79	9.50
Total Shareholders' Equity	281.98M	311.36M	355.64M	386.56M	415.02M	614.72M	702.33M	740.53M	729.92M	843.02M
Common Stock	325.62M	360.65M	405.93M	457.07M	494.86M	704.6M	809.27M	856.46M	934.61M	1.05B
Retained Earnings	-89.08M	-96.36M	-106.65M	-124.32M	-135.94M	-150.88M	-149.98M	-157.38M	-186.64M	-217.89M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	137K	593K	495K	-2.35M	20.03M	24.91M	-1.78M	5.29M	-57.53M	-30.33M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-7.43M	-5.18M	-10.14M	-9.41M	-10.9M	-9.74M	-11.74M	-7.98M	-21.54M	-14.22M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-0.75%	0.3%	-0.96%	0.07%	-0.16%	0.11%	-0.2%	0.32%	-1.7%	0.34%
Net Income	-9.07M	-7.29M	-10.29M	-19.94M	-11.61M	-14.94M	895K	-7.39M	-29.27M	-31.25M
Depreciation & Amortization	-117K	-866K	-2.12M	1.17M	36K	36K	85K	84K	385K	136K
Stock-Based Compensation	3.65M	3.67M	7.52M	5.18M	5.4M	8.8M	3.51M	3.14M	3.27M	3.68M
Deferred Taxes	2.7M	2.97M	2.16M	4.97M	-697K	-800K	4.63M	8.27M	-8.7M	11.38M
Other Non-Cash Items	-3M	-5.22M	-7.46M	-729K	-2.22M	-1.41M	-21.89M	-17.08M	12.67M	1.23M
Working Capital Changes	-1.7M	687K	-2.08M	-50K	-1.8M	-1.43M	1.03M	5M	100K	605K
Change in Receivables	408K	-3K	15K	-997K	-1.66M	-1.7M	-5.06M	-845K	457K	-32K
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+	-21.69M	-16.55M	-28.15M	-42.65M	-14.77M	-180.46M	-78.64M	-286.44M	-202.9M	-121.24M
Capital Expenditures	-18.6M	-24.07M	-21.92M	-37.07M	-27.2M	-158.79M	-73.61M	-183.3M	-230.16M	-106.28M
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.12M	9.12K	892K	-38K	-533K	0	4.34M	-50.69M	-53.72M	-14.96M
Cash from Financing+	29.85M	22.39M	40.7K	50.93M	31.53M	199.72M	84.56M	325.83M	260.45M	101.27M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	40.7K	9.34M	5.2M	4.3M	25.53M	7.32M	107K	886K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-26.03M	-29.25M	-32.06M	-46.47M	-38.1M	-168.54M	-85.35M	-191.28M	-251.7M	-120.5M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	0.26%	-0.12%	-0.1%	-0.45%	0.18%	-3.42%	0.49%	-1.24%	-0.32%	0.52%
FCF per Share	-0.52	-0.55	-0.57	-0.79	-0.61	-2.54	-1.10	-2.39	-3.03	-1.36
FCF Conversion (FCF/Net Income)	0.82x	0.71x	0.99x	0.47x	1.22x	0.65x	-13.11x	1.08x	0.74x	0.46x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-3.35%	-2.46%	-3.08%	-5.37%	-2.23%	-2.9%	0.14%	-1.02%	-3.98%	-3.97%
Return on Invested Capital (ROIC)	-2.61%	-2.46%	-3.57%	-2.52%	-1.95%	-2.47%	-2.18%	-2.07%	-1.2%	-1.26%
Debt / Equity	-	-	-	-	0.00x	0.00x	0.00x	0.36x	0.79x	0.67x
Interest Coverage	-470.50x	-	-491.53x	-85.90x	-38.53x	-20.28x	-199.53x	-6.57x	-4.66x	-59.10x
FCF Conversion	0.82x	0.71x	0.99x	0.47x	1.22x	0.65x	-13.11x	1.08x	0.74x	0.46x

Frequently Asked Questions

Growth & Financials

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.

Dividend & Returns

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.