SA — Seabridge Gold Inc.

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates SA Bullish with a Setup Score of 23, net conviction 34, actionability 15. How the Setup Score works →

Total Setup Score23
Directional BiasBullish
Net Conviction34
Actionability15 (in range)

Key signals behind this score

About Seabridge Gold Inc.

Seabridge Gold Inc., together with its subsidiaries, engages in the acquisition and exploration of gold properties in North America. It explores for gold, silver, copper, and molybdenum deposits. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was incorporated in 1979 and is based in Toronto, Canada.… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$35.03
Market Cap$3.59B
Float107.6M
Shares Outstanding107.9M
P/E (Forward)6.12
P/E (TTM)175.11
vs. Analyst Target+57.0% to analyst PT
Earnings Growth (YoY)800.00%
Dividend RateNone
Analyst Target Price$55.00 (3 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 N/A -$14.9M -$36,000 -$16.5M
2021 N/A $895,000 -$168,000 $5.7M
2022 N/A -$7.4M -$156,000 $4.4M
2023 N/A -$29.3M -$385,000 -$33.5M
2024 N/A -$31.2M -$386,000 -$19.1M
2025 N/A -$53.1M -$231,810 -$64.2M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 N/A -$32.3M
Dec 2025 N/A -$43.7M
Mar 2026 N/A -$6.7M
Jun 2026 N/A $118M

Ownership & Float

Insider Ownership2.4%
Institutional Ownership59.1%
Short Float4.7%
% of All Funds Holding2.04%
Number of Funds Holding179

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$28.60Near-term / short-term trend
Weekly40-Week SMA$30.24Medium-term trend
Weekly80-Week SMA$23.26Cyclical trend (business cycle)
Weekly200-Week SMA$17.28Secular trend (multi-year)
Monthly10-Month SMA$30.21Near-term monthly trend
Monthly20-Month SMA$22.84Medium-term monthly trend
Monthly40-Month SMA$18.22Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$40.00 resistance 1.15x 4 months ago
$18.00 support 2.01x 10 months ago
$12.60 support 1.17x 13 months ago

Historical Earnings Reactions (89 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.22% 0.00% 40.45% 3.20% -3.56%
1 Day -0.63% -0.51% 41.57% 9.10% -10.59%
1 Week 1.38% -0.38% 47.19% 46.67% -17.12%
2 Weeks 2.35% 2.69% 62.50% 46.67% -25.24%
1 Month 3.48% 0.27% 51.14% 65.36% -19.25%

Next earnings: November 2, 2026 (68 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan-0.8%50.0%22
Feb4.0%59.1%22
Mar0.3%50.0%22
Apr4.7%50.0%22
May2.3%47.8%23
Jun1.5%43.5%23
Jul5.5%73.9%23
Aug4.7%54.5%22
Sep1.4%40.9%22
Oct-1.3%50.0%22
Nov1.2%54.5%22
Dec2.7%63.6%22

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.01% 44.6% 1053
Tuesday 0.20% 49.5% 1154
Wednesday 0.06% 49.1% 1155
Thursday 0.13% 48.5% 1133
Friday 0.16% 48.5% 1126

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 59.1%

Insider Transactions — Smart Summary

Total insider ownership: 2.4%

Founder-led management: Rudi P. Fronk (Chairman and Chief Executive Officer)

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Seabridge Gold Inc. (SA) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for SA on Trend Edge →