Seabridge Gold swings to third-quarter net profit of CAD 6.7 million
SA•Seabridge Gold reported third-quarter net income of CAD 6.7 million, compared with a year-earlier loss of CAD 32.27 million. Cash and cash equivalents fell 52% to CAD 56.29 million, and its US$100 million loan facility was fully drawn by November 2, with repayment due by December 31, 2026.
1. Quarterly results and financing
Seabridge Gold swung to third-quarter net income of CAD 6.7 million from a loss of CAD 32.27 million a year earlier. Cash and cash equivalents fell 52% during the nine months ended September 30, 2026, to CAD 56.29 million. The company had fully drawn its US$100 million loan facility by November 2, with repayment due by December 31, 2026.
