Seabridge Gold (SA) Publishes Financial Results for the Quarter Ending June 30, 2025
Seabridge Gold Inc. Financial Update
Quarterly Performance: For the quarter ending June 30, 2025, Seabridge Gold Inc. reported a net profit of $12.3 million, translating to $0.12 per share, a significant decrease from $45.2 million or $0.51 per share in the same quarter the previous year. The decline in profitability was attributed to the remeasurement of secured note liabilities.
Investment in Growth: The company increased its investment in mineral interests and property to $21.1 million during the quarter, up from $12.6 million in 2024, indicating a commitment to expanding its operations.
Business Developments
- Project Highlights: Seabridge is advancing its Iskut project, particularly the Snip North project, which features a large copper-gold porphyry deposit with impressive grades. The company is also engaged in ongoing partnership discussions and KSM field activities, alongside initiating its 2025 exploration program at 3 Aces.
Stock Performance and Analyst Outlook
Stock Price Movement: Despite the recent financial update, Seabridge's stock price has remained stable, with a notable year-to-date increase of over 39%.
Analyst Projections: Analysts have set a 12-month price target for the stock that suggests a potential upside of more than 126% from its current level, indicating strong future growth expectations.
Investment Considerations
- Comparative Analysis: While Seabridge Gold Inc. shows potential as an investment, the commentary suggests that certain AI stocks may offer greater upside potential with less downside risk. The article encourages readers to explore undervalued AI stocks that could benefit from current market trends.
Trade with 70% Backtested Accuracy
Analyst Views on SA
About SA
About the author

- Executive Change: Seabridge Gold announced the resignation of Chief Financial Officer Chris Reynold, although the specific reasons for his departure were not disclosed, this move may impact the continuity of the company's financial strategy.
- Market Reaction: Following the announcement, Seabridge Gold's stock price may experience short-term volatility, as investor sensitivity to executive changes could exacerbate market uncertainty.
- Succession Plan: The company has yet to announce a specific successor for the CFO position, and the lack of a clear succession plan may undermine investor confidence, particularly as the company seeks to expand its mining projects during a critical period.
- Strategic Implications: The departure of the CFO could affect Seabridge Gold's financial management and capital allocation decisions, especially against the backdrop of current fluctuations in the gold and silver markets, potentially challenging the company's financial stability.
Market Surge: Spot gold prices have surged above $5,300, setting new records in the market.
FOMC Meeting Anticipation: The increase in gold prices comes ahead of the upcoming Federal Open Market Committee (FOMC) meeting.
Record High for Silver Prices: Silver prices have reached a record high of $115.13 per ounce, marking a significant increase.
Percentage Increase: The price of silver has risen over 11% recently, contributing to its record-setting value.

- Successful Financing: LaFleur Minerals Inc. has completed a $7.8 million financing, marking a strategic inflection point as the company transitions from exploration to production, providing essential funding to restart operations at the Beacon Gold Mill and potentially accelerating its valuation re-rating.
- Solid Resource Base: The Swanson Gold Project boasts an estimated mineral resource of 123,000 ounces of gold, with potential expansion towards one million ounces, establishing LaFleur's core competitive advantage in gold production and ensuring sustainable future growth.
- Defined Production Plan: The restart plan for the Beacon Gold Mill is budgeted at approximately C$5 to C$6 million, with trial runs targeted for Q1 2026, enabling rapid cash flow generation and enhancing the company's market position in the gold mining sector.
- Favorable Market Conditions: With gold prices surpassing $4,600 per ounce and analysts projecting prices to exceed $5,000 in 2026, LaFleur, as a near-term producer, stands to benefit from expanded margins and stronger cash flows.









