Seabridge Gold Inc.

Seabridge Gold Inc. is designed to provide its shareholders with exceptional leverage to a rising gold price. From 1999 through 2002, when the gold price was lower, Seabridge acquired nine North American projects with substantial gold resources, including Courageous Lake and KSM. Subsequent exploration by Seabridge has significantly expanded its acquired gold resource base.

Seabridge considers each of its common shares to represent an indirect ownership interest in its reserves and resources. Our aim is to increase the value of this ownership interest by growing reserves and resources faster than shares outstanding. Project acquisitions, exploration and engineering programs are carefully designed and monitored to ensure that equity dilution required to fund these activities is more than offset by additional reserves and resources.

Seabridge is pursuing three value-enhancing strategies. First, the Company continues to search for gold projects in North America which would be accretive in terms of gold resources. Second, Seabridge funds exploration and engineering work considered likely to expand resources and upgrade them to reserves. Third, Seabridge sells or partners its projects when they reach the production stage, to limit risk and share dilution.

Expert Comments:

Don Maclean, Paradigm Capital (7/31/17)
"The exploration season at Seabridge Gold Corp.'s KSM and Iskut properties is off to a promising start. . .this year's campaign at KSM will further test the downplunge extension of the resource shell, stepping out further to the north, as well as the high-grade potential in the footwall of the Sulphurets Thrust fault. . .the company is currently drilling Quartz Rise, the goal of the season being proof of concept of the high/intermediate epithermal geological model."

Mike Kozak, Cantor Fitzgerald (7/27/17)
"Seabridge Gold Corp. has two rigs active at KSM's Iron Cap, stepping out to the north where the deposit remains open; we expect a material resource increase at this zone closer to year-end. One rig is testing the newly acquired Iskut property where preliminary results look encouraging."

As this gold explorer expands its base into Nevada by acquiring the Snowstorm property from John Paulson, it also moves forward with exploration and permitting at its KSM project in northwestern British Columbia.
read more >
Mike Kozak, Cantor Fitzgerald (4/27/17)
"We are resuming research coverage of Seabridge Gold Inc. following the closing of its CA$37.7M equity financing. . .the capital injection will support a robust exploration program at KSM, with results at Iron Cap in particular likely to serve as catalysts for the share price. Maintain Buy."

Raj Ray, National Bank of Canada (3/30/17)
"Seabridge Gold Inc. announced bought deal offering of 1M (1.1M including over-allotment option) common shares at $14.3/share and concurrent private placement of 1M (1.1M including over-allotment option) flow-through common shares at $20/share for aggregate gross proceeds of $34.3M ($37.7 including over-allotment). . .proceeds from the financings grant the company flexibility to proceed with ongoing exploration at the flagship KSM project and the recently acquired Iskut project."

Seabridge's Iskut project has the potential to be another success story like its flagship, 100%-owned KSM project.
read more >
Don Maclean, Paradigm Capital (3/16/17)
"With the summer drilling season approaching, Seabridge Gold Inc. is focusing on two key exploration programs: continuously improving the massive 100%-owned KSM project and exploring the nearby Iskut project for higher-grade epithermal mineralization with deep porphyry potential. . .given that it is relatively uncommon to find a fully preserved system (from porphyry to lithocap), we will be eagerly watching to see how the Quartz Rise target will play out."

Jeffrey Briggs, Singular Research (3/13/17)
"Seabridge Gold Inc. has made advances on several fronts over the past few months, including a resource expansion at its flagship KSM project; the company has also recently acquired a new project, the SnowStorm project, with high upside and minimal dilution for shareholders. We are maintaining our Buy rating."

Seabridge Gold's recent announcement of an increased resource estimate at its KSM project caught the attention of one analyst, and follows another announcement that the company intends to purchase a project that potentially intersects three of Nevada's well-known gold trends.
read more >

More Expert Comments

Experts Following This Company

Gary Baschuk – Raymond James
Tyron Breytenbach, Analyst – Cormark Securities
Charles Gibson, Director, Mining – Edison Investment Research
Mike Kozak, Analyst – Cantor Fitzgerald
Tony Lesiak, Head of Canadian Mining Research – Canaccord Genuity
Don Maclean, Senior Analyst – Paradigm Capital
Raj Ray, Analyst – National Bank of Canada
Joe Reagor, Analyst – ROTH Capital Partners

The information provided above is from analysts, newsletters, the company and other contributors.

Seabridge Gold Inc. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.