Seabridge Gold Inc. announced on August 13, 2025, that it filed its Report to Shareholders and Interim Financial Statements for the three and six months ended June 30, 2025. For the second quarter of 2025, the company posted a net profit of $12.3 million, or $0.12 per share.
This net profit compares to a net profit of $45.2 million, or $0.51 per share, for the same period in 2024. The lower net profit in the current period was primarily attributed to the remeasurement of the secured note liabilities.
During the second quarter of 2025, Seabridge invested $21.1 million in mineral interests, property, and equipment at its projects, an increase from the $12.6 million invested in the second quarter of 2024. Net working capital at June 30, 2025, was $103.1 million, compared to $37.8 million at December 31, 2024.
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