Seabridge Gold

Seabridge Gold has entered an unsecured loan agreement with a strategic investor for up to USD 100 million to fund summer work programs for the KSM project in British Columbia. Planned 2026 work includes construction of access roads and geotechnical, metallurgical and environmental drilling and sampling to support the feasibility study. The loan is available in minimum tranches of USD 10 million, bears interest of 7% (accrued monthly) and is due on 31 December 2026; repayment in common shares at maturity is possible under certain conditions. No amounts have been drawn to date; Seabridge reports a strong liquidity position (current ratio 6.71), while analysts cite price targets between USD 53 and USD 71. » More on de.investing.com

Seabridge Gold published its 2025 Sustainability Report highlighting progress on KSM and the Bronson Corridor, a strong safety record and efforts to connect KSM to low‑cost hydroelectric power. The company emphasized renewable energy use and community engagement to support responsible project development and potential approvals. RBC Capital maintained a Buy rating with a $71 price target, the highest on the stock, which may bolster investor confidence. » More on finance.yahoo.com