Seabridge Gold

Seabridge Gold was honored with the Resource and Mining Excellence Award for innovation, sustainability and leadership in the Bulkley Valley at the 2026 Community and Business Awards in Smithers. The company emphasizes its responsible resource management and progress on the KSM project, into which more than $1.2 billion has been invested to date; KSM is now designated as a priority project by British Columbia. The stock rose strongly last year (+154% to $31.45), analysts see price targets up to $70, while an InvestingPro valuation points to a possible overvaluation versus fair value; Seabridge also has a high current ratio of 6.71. » More on de.investing.com

Seabridge shareholders voted 99.76% in favor of carving out the Courageous Lake gold project into the new company Valor Gold. Shareholders will receive about 1.957 Seabridge shares for each Valor share; the transaction is subject to approval by the Supreme Court of British Columbia (hearing on May 27) and is expected to close around June 3. Valor has applied to list on the Toronto Stock Exchange and the OTCQB, and trading in the new Seabridge and Valor shares is planned for June 5, 2026; according to InvestingPro, Seabridge has a market capitalization of $3.24 billion and appears overvalued relative to its fair-value estimate. » More on de.investing.com

The province of British Columbia has designated Seabridge Gold's KSM project as a priority, intended to ensure dedicated coordination and support for permitting processes as well as accelerated approval timelines. KSM contains proven and probable reserves of 7.3 billion pounds of copper and 47.3 million ounces of gold in 2.29 billion tonnes of rock; the project is currently undeveloped. Seabridge emphasizes cooperation with local communities and indigenous groups; the company has a market capitalization of around USD 3 billion and its stock is well below the 52-week high. » More on de.investing.com