Matribhumi Samachar English
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.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- 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.
- 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.
- 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.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
[email protected]
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266425
