SEABRIDGE GOLD INC (SA) Form 6-K — May 14, 2026
Seabridge Gold Inc. reported a net loss of $6.6 million ($0.06 per share) for the first quarter of 2026, reversing a net profit of $10.6 million ($0.11 per share) in the same period last year. The decline was primarily driven by non-cash revaluation losses on secured notes and higher corporate expenses, partially offset by a non-cash gain on its investment in Paramount Gold. The company increased capital investment to $22.3 million in Q1 2026 from $14.3 million in Q1 2025, reflecting heightened activity at its KSM Project.
Key figures
- Cash Position
- 131300000
- Q1 2025 eps
- 0.11
- Capex q1 2025
- 14300000
- Capex q1 2026
- 22300000
- Atm proceeds net
- 35800000
- Q1 2025 net income
- 10600000
- Working capital dec 2025
- 109800000
- Working capital improvement
- 21500000
AI analysis
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