Seabridge Stock Price, News & Analysis

Seabridge Gold (NYSE: SA) reported significant drilling results from its Snip North target at the Iskut Project in BC's Golden Triangle. The company completed 18,000 meters of drilling in 18 holes, with plans to add 3,000 meters due to promising results.

Key highlights include Hole SN-25-30, which intersected 560m of 0.87 g/t Au and 0.16% Cu, including an impressive 58m section yielding 2.62 g/t Au and 0.40% Cu. The drilling confirmed copper-gold mineralization over a strike length of 1,800 meters. The company discovered a potential porphyry intrusion associated with the mineral system, marking a significant milestone in the exploration program.

Seabridge plans to announce a maiden resource estimate for Snip North in early 2026 based on this drilling program.

Seabridge Gold (NYSE: SA) provided an update on the legal proceedings regarding its KSM project's Substantially Started Designation (SSD). The company has filed detailed written submissions defending the Environmental Assessment Office's (EAO) decision that granted the SSD status in July 2024.

The submissions argue for the adequacy of consultation, procedural fairness, and reasonableness of the SSD decision. Notably, Southeast Alaska Indigenous Transboundary Commission, one of the two original petitioners, has withdrawn from the proceedings. The court hearing is scheduled for September 22 to October 1, 2025.

Santander Bank (NYSE: SAN) released a survey revealing strong savings trends among younger generations in 2025. 58% of Gen Z and 54% of Millennials increased their savings since the start of the year, outpacing older generations. The survey highlighted that 69% of Gen Zers made lifestyle sacrifices to save more in Q2.

While savings remain a priority, most consumers keep funds in lower-yielding accounts, with only 38% of Gen Z earning competitive rates (3.00%+ APY). The survey found growing interest in CDs, with 74% of Gen Z considering them, despite only 8% currently owning one. Additionally, 82% of consumers would consider digital banking options as their primary provider, with 70% preferring providers that maintain physical locations.

Seabridge Gold (NYSE:SA) has released its Q2 2025 financial reports, posting a net profit of $12.3 million ($0.12 per share), down from $45.2 million ($0.51 per share) in Q2 2024. The company invested $21.1 million in mineral interests during Q2 2025, compared to $12.6 million in Q2 2024.

The company's net working capital stood at $103.1 million as of June 30, 2024, a significant increase from $37.8 million at the end of 2024. Key operational highlights include continued KSM field activities and partnership discussions, confirmation of a large copper-gold porphyry deposit at Iskut's Snip North target, and the commencement of the 2025 exploration program at 3 Aces.

Seabridge Gold (NYSE: SA) has announced significant drilling results from its Snip North target, confirming a substantial copper-gold porphyry deposit. The first three holes of a 12,000-meter drill program have successfully extended the mineralized footprint, which currently measures approximately 1,700x600x600 meters.

The standout result came from Hole SN-25-25, which intersected 729.1 meters of 0.48 g/t gold and 0.16% copper, including a higher-grade zone of 254 meters of 0.77 g/t gold and 0.31% copper. The company plans to announce a maiden resource estimation for Snip North in early 2026.

Santander (NYSE:SAN) released a comprehensive survey revealing significant shifts in middle-income Americans' car buying behavior during Q2 2025. For the first time in the survey's history, 55% of respondents are considering vehicle purchases, surpassing those who delayed purchases (52%). Notably, 18% of consumers expedited key purchases in Q2, with 41% of those specifically buying vehicles.

The survey highlighted strong financial resilience among middle-income Americans, with 75% feeling they're on the right financial track and 79% feeling secure in their jobs. Despite ongoing inflation concerns, 52% report better handling of higher prices compared to last year. The study also revealed insights about banking habits, with 46% moving money to earn higher interest rates, and housing affordability challenges, particularly among recent homebuyers.

Santander US (NYSE:SAN) has announced a significant $25 million commitment to support education, employability, and entrepreneurship initiatives. The commitment includes over $10 million in university grants and national scholarship funding through the Santander Universities program.

According to Santander's global workforce report "Tomorrow's Skills," which surveyed 15,000 people across 15 countries, 78% of Americans consider lifelong learning important, though many cite cost as a major barrier. The company will launch scholarship applications through Santander Open Academy, a free global platform offering educational content and upskilling tools.

In 2024, Santander's impact included providing access to continuous learning for over 2 million students and professionals, partnering with more than 1,000 universities, and supporting over 50,000 businesses and entrepreneurs.

Seabridge Gold (NYSE: SA) announced that Tudor Gold Corp. has filed an appeal in the British Columbia Supreme Court challenging the Chief Gold Commissioner's (CGC) previous decision regarding the KSM Project's Mitchell Treaty Tunnels (MTT). The appeal contests the legal mechanism that gives Seabridge priority rights to use land through Tudor's claims.

The CGC had previously rejected Tudor's application to either exempt itself from or cancel Seabridge's conditional mineral reserve (CMR). The CMR prevents free miners, including Tudor, from interfering with the MTT's construction and operation. Seabridge maintains they do not claim any mineral rights in Tudor's Treaty Creek Project and expects the appeal to be dismissed.

Santander Holdings USA (SHUSA), a subsidiary of Banco Santander (NYSE: SAN), has received its updated stress capital buffer (SCB) requirement from the Federal Reserve. The new SCB of 3.4% of common equity Tier 1 (CET1) capital will be effective October 1, 2025, resulting in an overall CET1 capital requirement of 7.9%.

As of March 31, 2025, SHUSA maintained $5.0 billion in excess CET1 capital above the updated requirement. As a Category IV firm, SHUSA was not subject to the Federal Reserve's 2025 supervisory stress test, but conducts internal stress testing using both internally developed scenarios and Federal Reserve scenarios, maintaining strong capital positions under all forecasted conditions.

SHUSA operates with more than 11,300 employees, serves 4.5 million customers, and manages assets of $165 billion as of fiscal year 2024. The company ranks among the top 10 auto lenders and multifamily bank lenders in the US.