Seabridge Gold ( (TSE:SEA) ) just unveiled an announcement.
Seabridge Gold has filed its 2024 Annual Information Form and Audited Financial Statements, reporting a net loss of $31.2 million for the year. Despite the financial loss, the company achieved significant milestones, including the discovery of a large gold and copper system at its Iskut project and progress on the KSM partnership opportunity. In February 2025, Seabridge bolstered its financial position with equity financings totaling $142.5 million, which will fund various initiatives, including the completion of the KSM switching station and a bankable feasibility study for the KSM project.
More about Seabridge Gold
Seabridge Gold is a company engaged in the exploration and development of gold properties in North America. The company holds a 100% interest in several projects, including the KSM and Iskut projects in British Columbia’s Golden Triangle, the Courageous Lake project in Canada’s Northwest Territories, the Snowstorm project in Northern Nevada, and the 3 Aces project in the Yukon Territory.
YTD Price Performance: -2.99%
Average Trading Volume: 896,462
Technical Sentiment Signal: Buy
Current Market Cap: $1.17B
For an in-depth examination of SEA stock, go to TipRanks’ Stock Analysis page.