Seabridge Stock Price, News & Analysis

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.

["Net working capital increased significantly to $103.1 million from $37.8 million", "Confirmation of large copper-gold porphyry deposit at Iskut's Snip North target", "Increased investment in mineral interests to $21.1 million from $12.6 million year-over-year"]

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.

Seabridge Gold (NYSE: SA) held its annual general meeting of shareholders on June 25, 2025, with 70.15% of outstanding shares represented. All proposed matters were approved, including the election of ten directors with strong approval ratings ranging from 93.03% to 99.43%.

Notable changes include the departure of long-time board members Jay Layman and Eliseo Gonzalez-Urien, who will transition to Board advisor roles. The company welcomed Colin Joudrie as a new board member, bringing over 35 years of mining industry experience in technical matters, joint venture negotiation, and project development.

Shareholders also approved the appointment of KPMG LLP as auditor, adoption of a new By-law, and the corporation's approach to executive compensation.

Santander Bank (NYSE: SAN) has announced an agreement to sell seven branches in the Allentown, Pennsylvania area to Community Bank, N.A. This move aligns with Santander's transformation into a national, digital-first bank. The bank's digital platform, Openbank, launched in late 2024, has already accumulated $4 billion in deposits and serves over 100,000 customers.

The transaction, expected to close in Q4 2025, involves branches in Allentown, Bethlehem, Coopersburg, Easton, Emmaus, and Whitehall. Community Bank, with $16 billion in assets and approximately 200 facilities across multiple states, will acquire these locations as Santander continues to optimize its physical presence while expanding its digital capabilities.

A recent Santander Bank survey reveals significant consumer confusion about financial accounts amid economic uncertainty. The study found 52% of Americans don't recognize high-yield savings accounts as suitable for emergency funds, and only 35% understand they're safer than investment accounts. Digital banking is preferred for routine transactions (74% for checking balances), while in-person services are favored for financial advice (64%). The survey also highlighted that 65% of consumers don't use high-yield savings accounts, with many unaware these accounts can offer APYs of 4.00%, approximately 10 times the national average. Additionally, 51% of Americans lack three months of emergency savings, and some are risking their emergency funds in volatile investment accounts. Santander's Openbank aims to address these issues by combining digital banking capabilities with traditional banking services.