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Seabridge Gold ( (TSE:SEA) ) has provided an update.
Seabridge Gold has renewed its At-The-Market (ATM) Offering agreement, allowing the company to raise up to $100 million through the sale of common shares on the NYSE, with proceeds potentially funding exploration, acquisitions, and corporate purposes. This move replaces a previous agreement, providing Seabridge with flexible funding options to support its strategic initiatives.
More about Seabridge Gold
Seabridge Gold Inc. operates in the mining industry, primarily focusing on the exploration and development of gold properties. The company is known for its strategic acquisitions and large-scale projects, positioning itself as a significant player in the gold mining sector.
YTD Price Performance: 1.66%
Average Trading Volume: 616,790
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.11B
Find detailed analytics on SEA stock on TipRanks’ Stock Analysis page.