Key Highlights:
- Seabridge Gold reports significant growth in working capital by end of March 2025.
- Analysts forecast substantial upside potential for Seabridge Gold's stock.
- The company receives an "Outperform" recommendation from leading brokerage firms.
Seabridge Gold (SA, Financial) has released its first-quarter earnings report, highlighting a GAAP EPS of $0.11. Notably, the company saw a decline in its investment in mineral interests and property, which dropped to $14.3 million from the previous $39.3 million a year ago. Despite this, Seabridge made remarkable strides in enhancing its financial flexibility, as evidenced by a significant rise in working capital to $148.7 million, up from $37.8 million by March 2025.
Wall Street Analysts' Forecast
According to the latest insights from three analysts, Seabridge Gold Inc (SA, Financial) is anticipated to reach a one-year average price target of $38.39. This forecast includes a high estimate of $49.65 and a low estimate of $29.79, representing an impressive potential upside of 226.74% from its current trading price of $11.75. For more detailed projections, visit the Seabridge Gold Inc (SA) Forecast page.
Seabridge Gold Inc also garners a commendable consensus rating from three prominent brokerage firms. The company's average brokerage recommendation stands at 2.0, signifying an "Outperform" status on a scale where 1 indicates a Strong Buy and 5 denotes a Sell. This rating underscores the confidence analysts have in Seabridge Gold's future performance and prospects.
