Date | Price Target | Rating | Analyst |
---|---|---|---|
9/18/2023 | $25.00 | Outperform | RBC Capital Mkts |
RBC Capital Mkts initiated coverage of Seabridge Gold with a rating of Outperform and set a new price target of $25.00
Roth Capital reiterated coverage of Seabridge Gold with a rating of Buy and set a new price target of $27.00 from $25.00 previously
Suzano SA (NYSE:SUZ) has decided to abandon its pursuit to acquire International Paper Co. (NYSE:IP), one of North America’s largest recyclers and a global producer of packaging, pulp and other fiber-based products. This news triggered a nearly 15% drop in International Paper’s shares during pre-market trading on Thursday. Suzano’s decision was prompted by International Paper’s rejection of its advances, Bloomberg reported on Thursday. Instead, International Paper has chosen to focus on its own merger plans with a different competitor. At the time of writing, International Paper’s shares were trading at $39.67, a significant drop from Wednesday’s close of $46.61, according to Benzinga
Gold has been on a tear of late and closed at a record high on Friday. An economist said on Friday gold miners have lagged the rally in the yellow metal and could soon play catch-up. What Happened: Gold’s record run hasn’t sparked interest in gold mining stocks, said economist and gold bull Peter Schiff. On Friday, gold futures settled at $2,186.20, up 0.97%. Despite the development, exchange-traded funds comprising gold mining stocks were essentially unchanged in the session. The VanEck Gold Miners ETF (NYSE:GDX) ended Friday’s session up 0.10% $29.64, while the VanEck Junior Gold Miners ETF (NYSE:GDXJ) fell 0.42% to $35.93, according to Benzinga Pro data. “An explosive move up can’t
Gold prices, tracked by the SPDR Gold Trust (NYSE:GLD), edged above $2,110 per troy ounce on Monday, poised to achieve a record close and triggering a significant surge in mining stocks. This marked the fourth consecutive session of gains for the precious metal, bringing it within 1.4 percent of the all-time high reached during the intraday session on Dec. 4, 2023. Despite the rise in Treasury yields on Monday, with the yield on the 2-year Treasury note inching up to 4.60%, gold exhibited strength in the market. Market-implied probabilities for a Federal Reserve interest rate cut remained largely unchanged. Traders currently assign a 65% chance of a rate cut by June, with a total of
Drilling continues to confirm exploration model and expand targetsToronto, Ontario--(Newsfile Corp. - August 7, 2024) - Seabridge Gold (TSX:SEA) (NYSE:SA) today announced that this year's core drilling program is expanding known mineralized zones in the Central Core Area (CCA) and identifying new target opportunities. A second helicopter-portable reverse circulation drill has begun evaluating historical prospects on the 357 km2 3 Aces property outside the CCA that show similar characteristics to the CCA.Commenting on progress of this year's program, Rudi Fronk, Seabridge Chairman and CEO, noted, "Our team is recognizing the favourable characteristic details of gold-bearing zones conforming t
Toronto, Ontario--(Newsfile Corp. - July 26, 2024) - Seabridge Gold (TSX:SEA) (NYSE:SA) announced today that its wholly owned subsidiary, KSM Mining ULC ("KSM Co"), has received its "substantially started" designation from the BC Government for its 100% owned KSM Project. This designation affirms the validity of the BC Environmental Assessment Certificate ("EAC") for the life of the KSM Project.Under the B.C. Environmental Assessment Act, a project's EAC expires if the project has not been substantially started by the deadline specified in its EAC. However, the B.C. Minister of Environment and Climate Change Strategy may determine that a project has been 'substantially started' before the d
Toronto, Ontario--(Newsfile Corp. - June 27, 2024) - Seabridge Gold Inc. (TSX:SEA) (NYSE:SA) ("Seabridge") today reports its first mineral resource estimate (MRE) for the Bronson Slope deposit at its 100% owned Iskut project in the Golden Triangle Area of northwestern British Columbia. These results are an intentional by-product of our Porphyry Cu-Au exploration on the Bronson target, where drilling is focused on discovering the source of the gold and copper concentrations previously captured in a historical resource. The MRE incorporates drilling by previous operators and drilling by Seabridge since it purchased the project in 2016. Leading the estimation and technical analysis was Wood C
6-K - SEABRIDGE GOLD INC (0001231346) (Filer)
6-K - SEABRIDGE GOLD INC (0001231346) (Filer)
6-K - SEABRIDGE GOLD INC (0001231346) (Filer)
SC 13G/A - SEABRIDGE GOLD INC (0001231346) (Subject)
Toronto, Ontario--(Newsfile Corp. - June 29, 2023) - Seabridge Gold (TSX:SEA) (NYSE:SA) (the "Company") today provided the results of its annual general meeting of shareholders held on June 28, 2023. A total of 82,398,659 common shares were represented at the meeting, representing 54.6 % of the issued and outstanding common shares of the Company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows:Increase in the number of directors to eleven (98.2% votes for);Election of all of management's nominees to the board of directors of the Company; DirectorVotes ForVotes AgainstPercentage ForTrace J. Arlaud32,403,673325,36599.0%Matthew
Toronto, Ontario--(Newsfile Corp. - June 30, 2022) - Seabridge Gold (TSX:SEA) (NYSE:SA) (the "Company") today provided the results of its annual general meeting of shareholders held on June 29, 2022. A total of 44,498,539 common shares were represented at the meeting, representing 55.48% of the issued and outstanding common shares of the Company on the record date. All matters presented for approval at the meeting were duly authorized and approved, as follows:Increase in the number of directors to ten;Election of all of management's nominees to the board of directors of the Company; DirectorVotes ForVotes WithheldPercentage For Trace J. Arlaud32,619,829312,50599.05 Rudi P. Fronk32,754,71
Toronto, Ontario--(Newsfile Corp. - October 18, 2021) - Seabridge Gold (TSX:SEA) (NYSE:SA) Chairman and CEO Rudi Fronk today announced that the Company's Board of Directors has voted to create a new position of Lead Director to strengthen the independence of the Board from management.Speaking of the new position, Mr. Fronk noted that, "My dual role as Chairman and CEO was not ideal from a corporate governance point of view. I look forward to sharing some of my duties with our new lead director, John Sabine." Mr. Sabine has been a director of the Company since 2014 and Chairs the Corporate Governance and Nominating Committee. He is a seasoned lawyer with extensive experience in mining, corpor