Seabridge Gold incurred a larger net loss in Q3 2025 as it ramped up investments in its KSM, Iskut, and 3 Aces projects. The company remains focused on advancing feasibility studies and progressing strategic partnerships for KSM.

Seabridge Gold reported a net loss of $8.2 million for the first quarter of 2024, an improvement compared to a net loss of $10.8 million in the same period of 2023. The company's mineral interests project spending decreased to $39.3 million from $48.6 million in Q1 2023, and net working capital stood at $43.2 million.