SA

Seabridge GoldA

NYSE / Materials

At close

2026-06-02

Current thesis

Permitting progress at KSM, successful spin-out of Courageous Lake, and a higher gold price drive re-rating to the analyst high; financiers accept project economics and construction optionality is unlocked.

Posture

Constructive

Lead driver

Sentiment

What changed

2 setup hits (3d) with net bullish as of 2026-06-02.

What can break

Failure to secure project financing on acceptable terms.

Momentum

Value

Sentiment

Setup hits (3d)

2 · Net Bullish

AI TargetsBase $54.98 · Bull $65.00 · Bear $25.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-01-20 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade A · Constructive

Confidence Medium · Net Bullish

Target $57.43

Why

Momentum71 · Δ7d +12.2

Value34 · Δ7d +0.0

Sentiment83 · Δ7d 0.0

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Sentiment · See AI snapshot

Momentum

34% active weight

Current posture

7d trendImproving

Δ7d

+12.2

Δ21d

+28.1

Value

32% active weight

Current posture

7d trendFlat

Δ7d

+0.0

Δ21d

+0.1

Sentiment

33% active weight

Current posture

7d trendFlat

Δ7d

0.0

Δ21d

0.0

Why this grade

Composite grade A. Momentum 70.9 / Value 34.0 / Sentiment 83.3

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$3.58B

Beta

0.81

Shares Out

104.35M

P/E (TTM) · Derived

-192.6

P/S (TTM)

P/FCF (TTM) · Derived

-37.11

Rev YoY

EPS YoY

-2.5%

Gross Margin

Op Margin

Net Debt

$371.43M

Current Ratio

2.99

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology