Stonegate Capital Partners Initiates Coverage on Seabridge Gold Inc. (SA)
Seabridge Gold Inc. (NYSE: SA) received coverage initiation from Stonegate Capital Partners. The company reported a strong financial position with $121.4 million in cash and equivalents, bolstered by a $100.2 million equity financing and $30.5 million flow-through financing in 2025.
The company posted Q2 net profit of $12.3 million ($0.12/share), down from $45.2 million in Q2 2024. Key developments include advancement of field programs, BC Hydro substation construction progress, and significant drilling results at Iskut's Snip North, where a large copper-gold porphyry deposit was confirmed. A maiden resource estimate is expected in early 2026.
Seabridge Gold Inc. (NYSE: SA) ha ricevuto una copertura iniziale da Stonegate Capital Partners. L’azienda ha riportato una solida posizione finanziaria con 121,4 milioni di dollari in cassa e equivalenti, sostenuta da un finanziamento azionario da 100,2 milioni e 30,5 milioni di finanziamento flow-through nel 2025.
L’azienda ha registrato un utile netto nel Q2 di 12,3 milioni di dollari (0,12 $/azione), in calo rispetto ai 45,2 milioni nel Q2 2024. Sviluppi chiave includono l’avanzamento dei programmi sul campo, i progressi nella costruzione della sottostazione BC Hydro e risultati significativi di trivellazione a Snip North di Iskut, dove è stato confermato un grande giacimento porfirico di rame-oro. Una stima maiden delle risorse è prevista per i primi mesi del 2026.
Seabridge Gold Inc. (NYSE: SA) recibió cobertura inicial por parte de Stonegate Capital Partners. La empresa reportó una posición financiera sólida con 121,4 millones de dólares en efectivo y equivalentes, respaldada por una financiación de acciones de 100,2 millones y una financiación de tipo flow-through de 30,5 millones en 2025.
La compañía registró un beneficio neto del Q2 de 12,3 millones de dólares (0,12 $/acción), frente a 45,2 millones en el Q2 de 2024. Desarrollos clave incluyen el avance de programas de campo, el progreso en la construcción de una subestación de BC Hydro y resultados de perforación significativos en Snip North de Iskut, donde se confirmó un importante yacimiento porfiroide de cobre-oro. Se espera una primera estimación de recursos a principios de 2026.
Seabridge Gold Inc. (NYSE: SA)가 Stonegate Capital Partners의 커버리지를 시작했습니다. 회사는 현금 및 현금성 자산 1억 2140만 달러의 견고한 재무 상태를 보고했고, 2025년에는 현금화 가능한 자금 조달 1억 20.2백만 달러와 흐름-투 자금 조달 3,050만 달러로 강화되었습니다.
회사는 Q2 순이익을 1230만 달러(주당 0.12달러)로 발표했으며, 2024년 Q2의 4540만 달러에서 감소했습니다. 주요 개발로는 현장 프로그램의 진전, BC Hydro 변전소 건설의 진행, Iskut의 Snip North에서의 중요한 시추 결과가 있으며, 대형 구리-금 포르피류 매장 광상이 확인되었습니다. 1차 자원 추정치는 2026년 초에 예상됩니다.
Seabridge Gold Inc. (NYSE: SA) a reçu une couverture initiale de Stonegate Capital Partners. L’entreprise a affiché une position financière solide avec 121,4 millions de dollars en trésorerie et équivalents, soutenue par un financement par actions de 100,2 millions et un financement par flow-through de 30,5 millions en 2025.
Elle a publié un bénéfice net du deuxième trimestre de 12,3 millions de dollars (0,12 $/action), en baisse par rapport à 45,2 millions au deuxième trimestre 2024. Les développements clés incluent l’avancement des programmes sur le terrain, l’avancement de la construction d’un poste BC Hydro et des résultats significatifs de forage à Snip North d’Iskut, où un important gisement porphyrique cuivre-or a été confirmé. Une estimation des ressources initiale est attendue début 2026.
Seabridge Gold Inc. (NYSE: SA) erhielt eine Erstabdeckung von Stonegate Capital Partners. Das Unternehmen meldete eine starke finanzielle Position mit 121,4 Mio. USD in Bar und Äquivalenten, gestützt durch eine Eigenkapitalfinanzierung von 100,2 Mio. USD und eine Flow-Through-Finanzierung von 30,5 Mio. USD im Jahr 2025.
Das Unternehmen verzeichnete im Q2 einen Nettogewinn von 12,3 Mio. USD (0,12 USD/Aktie), gegenüber 45,2 Mio. USD im Q2 2024. Wichtige Entwicklungen umfassen den Fortschritt der Feldprogramme, den Baufortschritt der BC Hydro-Umspannstation und signifikante Bohrergebnisse bei Snip North in Iskut, wo ein großes Kupfer-Gold-Porphyr-Depot bestätigt wurde. Eine Erstressourcen-Schätzung wird Anfang 2026 erwartet.
Seabridge Gold Inc. (NYSE: SA) تلقّت تغطية ابتدائية من Stonegate Capital Partners. أعلنت الشركة عن وضع مالي قوي مع 121.4 مليون دولار نقداً وما يعادله، مدعومة بتمويل حقوق ملكية قدره 100.2 مليون دولار وتمويل من نوع flow-through قدره 30.5 مليون دولار في 2025.
أعلنت الشركة عن صافي ربح للربع الثاني يبلغ 12.3 مليون دولار (0.12 دولار/السهم)، بانخفاض من 45.2 مليون دولار في الربع الثاني من 2024. تشمل التطورات الرئيسية تقدم برامج الميدان، وتقدم بناء محطة فرعية لـ BC Hydro، ونتائج حفر مهمة في Snip North بـ Iskut، حيث تم تأكيد وجود ترسب بورفير copper-gold كبير. من المتوقع أن تكون هناك تقديرات الموارد الأولية في أوائل 2026.
Seabridge Gold Inc.（NYSE: SA） 已获得 Stonegate Capital Partners 的初步覆盖。公司报告显示财务状况强劲，现金及等价物为1.214亿美元，并在2025年获得1.002亿美元的股权融资以及3050万美元的穿透融资的支撑。
公司在2025年第二季度的净利润为1230万美元（每股0.12美元），低于2024年第二季度的4540万美元。主要进展包括现场计划的推进、BC Hydro 变电站建设的进展，以及Iskut 的 Snip North 的钻探取得显著结果，那里确认了一个大型铜—金斜长岩矿床。初始资源估算预计在2026年初发布。
- Strong cash position of $121.4 million
- Successful completion of $130.7 million in combined financings
- Q2 net profit of $12.3 million
- Discovery of large copper-gold porphyry deposit at Iskut's Snip North
- BC Hydro substation construction on track for Q4 2026
- Net profit decreased significantly from $45.2M in Q2 2024 to $12.3M
- $21.1M invested in projects impacting cash reserves
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
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
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266425
FAQ
What is Seabridge Gold's (NYSE: SA) current cash position in Q2 2025?
How did Seabridge Gold's (SA) Q2 2025 earnings compare to previous year?
What progress has Seabridge Gold made at its Iskut project?
What financing activities has Seabridge Gold (SA) completed in 2025?
When is Seabridge Gold's BC Hydro substation expected to be completed?
