Stonegate Capital Partners Initiates Coverage on Seabridge Gold Inc. (SA)
Rhea-AI Summary
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.
Positive
- 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
Negative
- Net profit decreased significantly from $45.2M in Q2 2024 to $12.3M
- $21.1M invested in projects impacting cash reserves
News Market Reaction 40 Alerts
On the day this news was published, SA gained 7.70%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.1% during that session. Our momentum scanner triggered 40 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $147M to the company's valuation, bringing the market cap to $2.06B at that time. Trading volume was above average at 2.0x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
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?
