Seabridge Gold Expands Snip North Deposit with Promising Drilling Results

Seabridge Gold ( (TSE:SEA) ) just unveiled an update.

Seabridge Gold announced promising results from its 2025 drilling campaign at the Snip North Deposit within the Iskut project, revealing a substantial and continuous gold and copper mineralization. The findings suggest a large porphyry Cu-Au system with mineralization extending over significant distances, indicating potential for a significant maiden resource estimate by early 2026. The mineralization remains open at depth and along strike, with potential for discovering higher-grade sources, which could enhance the company’s resource base and strengthen its position in the mining industry.

The most recent analyst rating on (TSE:SEA) stock is a Buy with a C$65.00 price target. To see the full list of analyst forecasts on Seabridge Gold stock, see the TSE:SEA Stock Forecast page.

Spark’s Take on TSE:SEA Stock

According to Spark, TipRanks’ AI Analyst, TSE:SEA is a Neutral.

Seabridge Gold’s overall stock score reflects significant financial challenges, marked by zero revenue and persistent losses. While technical indicators are neutral, the company’s valuation remains unattractive due to ongoing losses and no dividends. However, recent corporate events, including a legal victory and secured financing, provide a positive outlook for strategic projects.

To see Spark’s full report on TSE:SEA stock, click here.

More about Seabridge Gold

Seabridge Gold is a company in the mining industry, primarily focused on the exploration and development of gold and copper deposits. It operates projects in Canada, with a significant focus on its Iskut project, which is 100% owned by the company.

Average Trading Volume: 184,071

Technical Sentiment Signal: Buy

Current Market Cap: C$4.14B

Find detailed analytics on SEA stock on TipRanks’ Stock Analysis page.