Seabridge Gold Q2 FY26 net income swings to CAD 117.51 million
SA•Q2 results boosted by spin-out gain
Seabridge Gold posted net income of CAD 117.51 million for the three months ended June 30, up from CAD 12.33 million.
Results included a CAD 151.69 million gain on distribution of mineral properties tied to the Valor Gold spin-out.
Corporate and administrative expenses climbed to CAD 9.34 million from CAD 4.96 million; foreign exchange swung to a CAD 9.87 million loss from a gain.
Cash and cash equivalents fell to CAD 81.47 million at June 30 from CAD 117.53 million at Dec. 31.
