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Upturn AI Summary - About
Seabridge Gold Inc.(SA)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SA
10/13/2026: SA (1-star) is currently NOT-A-BUY. Pass it for now.
Seabridge Gold is a mineral exploration and development company that operates as a resource bank by holding some of the world's largest undeveloped gold and copper assets. Its main strength lies in its portfolio of long-life projects, specifically the KSM property, which serves as a major development opportunity. The company's investment story centers on de-risking these assets to attract major mining partners. However, it faces significant risks including high capital requirements, equity dilution, and the complexities of environmental permitting. This stock is best suited for high-risk tolerance investors seeking long-term exposure to metal prices, and investors should monitor permit advancements and potential joint venture announcements.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | This is a long-term capital appreciation play based on asset development rather than revenue or earnings growth. |
| Momentum investor | Strong fit while signal remains positive | The stock can experience sharp price movements based on gold price trends and news related to major project milestones. |
| Value investor | Mixed fit | Valuing exploration assets is complex and relies heavily on future metal prices and project feasibility assumptions. |
| Dividend investor | Weak fit | The company does not pay dividends as it is in the development phase and reinvests all capital. |
| Low-risk investor | Weak fit | High exposure to commodity price volatility and development risk makes this unsuitable for conservative portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The company's valuation is sensitive to fluctuations in gold and copper market prices. |
| Valuation risk | Medium / high | Determining the fair value of undeveloped assets involves significant uncertainty. |
| Competition risk (commodity producers) | Medium | The company competes for investment capital with established, cash-flow-positive mining firms. |
| Business quality | Medium | The company holds high-quality assets but lacks the operational cash flow of a mature business. |
| Dividend income | Low / none | Investors should not expect income from this investment. |
| Execution risk | High | Successfully permitting and building a major mine carries significant operational and regulatory risks. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 0.95% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.98B USD | Price to earnings Ratio 138 | 1Y Target Price 59.05 |
Price to earnings Ratio 138 | 1Y Target Price 59.05 | ||
Volume (30-day avg) 508.2K shares | Beta 1.86 | 52 Weeks Range 21.67 - 40.06 | Updated Date 10/13/2026 |
52 Weeks Range 21.67 - 40.06 | Updated Date 10/13/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.2 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Resource Development | Exploration, drilling, and engineering studies for KSM and Courageous Lake. | The company doesn't sell gold yet; it increases the value of its land by proving large amounts of gold exist and getting it ready to mine. |
Earnings Date
Report Date 2026-09-30 | When - | Estimate -0.04 | Actual 0.09 |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -1.06% | Return on Equity (TTM) 3.27% |
Valuation
Trailing PE 138 | Forward PE 6.12 | Enterprise Value 3.86B | Price to Sales(TTM) - |
Enterprise Value 3.86B | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA 100.38 | Shares Outstanding 107.87M | Shares Floating 107.63M |
Shares Outstanding 107.87M | Shares Floating 107.63M | ||
Percent Insiders 2.41 | Percent Institutions 61.74 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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