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The latest announcement is out from Seabridge Gold ( (TSE:SEA) ).
Seabridge Gold announced significant findings from its Snip North drilling program, confirming a large and consistent copper-gold porphyry deposit. The initial results from the 2025 drill holes have expanded the mineralized footprint, with plans to announce a resource estimation for Snip North early next year. This development could enhance Seabridge’s industry positioning by potentially increasing its resource base, which may have positive implications for stakeholders.
The most recent analyst rating on (TSE:SEA) stock is a Buy with a C$30.00 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 holds a 100% interest in several North American gold 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’s Getchell Gold Belt, and the 3 Aces project in the Yukon Territory.
Average Trading Volume: 123,513
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.31B
See more data about SEA stock on TipRanks’ Stock Analysis page.