SEABRIDGE GOLD INC (SA) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does SEABRIDGE GOLD INC Do?
Seabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. The company also explores for copper, silver, molybdenum, and rhenium deposits. Its principal projects are the Kerr-Sulphurets-Mitchell property and Iskut project located in British Columbia, Canada; Courageous Lake property situated in Northwest Territories, Canada; Snowstorm project located in the Nevada; and 3 Aces project located in the Yukon Territory. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was incorporated in 1979 and is headquartered in Toronto, Canada. SEABRIDGE GOLD INC (SA) is classified as a mid-cap stock in the Materials sector, specifically within the Precious Metals industry. The company is led by CEO Rudi P. Fronk and employs approximately 40 people, headquartered in TORONTO, Ontario. With a market capitalization of $3.3B, SA is one of the notable companies in the Materials sector.
SEABRIDGE GOLD INC (SA) Stock Rating — Reduce (April 2026)
As of April 2026, SEABRIDGE GOLD INC receives a Reduce rating with a composite score of 43.4/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.SA ranks #2,951 out of 4,446 stocks in our coverage universe. Within the Materials sector, SEABRIDGE GOLD INC ranks #209 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
SA Stock Price and 52-Week Range
SEABRIDGE GOLD INC (SA) currently trades at $32.46. The 52-week high for SA is $38.75, which means the stock is currently trading -16.2% from its annual peak. The 52-week low is $9.40, putting the stock 245.3% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.
Is SA Overvalued or Undervalued? — Valuation Analysis
SEABRIDGE GOLD INC (SA) carries a value factor score of 43/100 in the Blank Capital model, indicating fair valuation relative to historical norms.
Overall, SA's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
SEABRIDGE GOLD INC Profitability — ROE, Margins, and Quality Score
SEABRIDGE GOLD INC (SA) earns a quality factor score of 27/100, signaling below-average profitability metrics relative to the broader market. Return on assets (ROA) comes in at -8.6% versus the sector average of 0.6%.
Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
SA Debt, Balance Sheet, and Financial Health
Balance sheet data for SA is evaluated through our stability factor. Total debt on the balance sheet is $695,833. Cash and equivalents stand at $35M.
SA has a beta of 0.86, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for SEABRIDGE GOLD INC is 45/100, reflecting average volatility within the normal range for its sector.
SEABRIDGE GOLD INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, SEABRIDGE GOLD INC reported revenue of $0. Net income for the quarter was $-22M. Operating income came in at $-15M.
In FY 2024, SEABRIDGE GOLD INC reported revenue of $0. Net income for the quarter was $-22M. Operating income came in at $-15M.
In FY 2023, SEABRIDGE GOLD INC reported revenue of $-1M. Net income for the quarter was $-22M. Operating income came in at $-15M.
In FY 2022, SEABRIDGE GOLD INC reported revenue of $0. Net income for the quarter was $-5M. Operating income came in at $-12M.
Over the past 8 quarters, SEABRIDGE GOLD INC has experienced revenue contraction from $0 to $0. Investors analyzing SA stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
SA Dividend Yield and Income Analysis
SEABRIDGE GOLD INC (SA) does not currently pay a dividend. This is common among smaller companies in the Precious Metals industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.
SA Momentum and Technical Analysis Profile
SEABRIDGE GOLD INC (SA) has a momentum factor score of 67/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 63/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 12/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
SA vs Competitors — Materials Sector Ranking and Peer Comparison
Within the Materials sector, SEABRIDGE GOLD INC (SA) ranks #209 out of 284 stocks based on the Blank Capital composite score. This places SA in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.
Comparing SA against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full SA vs S&P 500 (SPY) comparison to assess how SEABRIDGE GOLD INC stacks up against the broader market across all factor dimensions.
SA Next Earnings Date
No upcoming earnings date has been announced for SEABRIDGE GOLD INC (SA) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy SA? — Investment Thesis Summary
The quantitative profile for SEABRIDGE GOLD INC suggests caution. The quality score of 27/100 flags below-average profitability. Price momentum is positive at 67/100, suggesting the trend favors buyers.
In summary, SEABRIDGE GOLD INC (SA) earns a Reduce rating with a composite score of 43.4/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on SA stock.
Related Resources for SA Investors
Explore more research and tools: SA vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare SA head-to-head with peers: SA vs CF, SA vs NTR, SA vs UAN.