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Seabridge Gold

DB:SRM
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SRM
DB
CA$919M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

Seabridge Gold Inc., a development stage company, together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America. The last earnings update was 21 days ago. More info.


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  • Seabridge Gold has significant price volatility in the past 3 months.
SRM Share Price and Events
7 Day Returns
-4.8%
DB:SRM
2.4%
DE Metals and Mining
2.3%
DE Market
1 Year Returns
14.2%
DB:SRM
-37.4%
DE Metals and Mining
-7.2%
DE Market
SRM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Seabridge Gold (SRM) -4.8% -18.5% -14.9% 14.2% -25.2% 73.3%
DE Metals and Mining 2.4% 4.7% -9.6% -37.4% -27.2% -24%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • SRM outperformed the Metals and Mining industry which returned -37.4% over the past year.
  • SRM outperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
SRM
Industry
5yr Volatility vs Market

SRM Value

 Is Seabridge Gold undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Seabridge Gold. This is due to cash flow or dividend data being unavailable. The share price is €9.763.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Seabridge Gold's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Seabridge Gold's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:SRM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CAD CA$-0.34
TSX:SEA Share Price ** TSX (2019-04-17) in CAD CA$14.89
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 14.99x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Seabridge Gold.

DB:SRM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSX:SEA Share Price ÷ EPS (both in CAD)

= 14.89 ÷ -0.34

-44.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Seabridge Gold is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • Seabridge Gold is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Seabridge Gold's expected growth come at a high price?
Raw Data
DB:SRM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -44.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
Europe Metals and Mining Industry PEG Ratio Median Figure of 61 Publicly-Listed Metals and Mining Companies 0.67x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Seabridge Gold, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Seabridge Gold's assets?
Raw Data
DB:SRM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CAD CA$6.31
TSX:SEA Share Price * TSX (2019-04-17) in CAD CA$14.89
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 2.11x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:SRM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSX:SEA Share Price ÷ Book Value per Share (both in CAD)

= 14.89 ÷ 6.31

2.36x

* Primary Listing of Seabridge Gold.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Seabridge Gold is overvalued based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess Seabridge Gold's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Seabridge Gold has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SRM Future Performance

 How is Seabridge Gold expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
31.5%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Seabridge Gold expected to grow at an attractive rate?
  • Unable to compare Seabridge Gold's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Seabridge Gold's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Seabridge Gold's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:SRM Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 31.5%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:SRM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:SRM Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 0 -35 1
2022-12-31 0 -30 1
2021-12-31 0 -40 1
2020-12-31 0 -28 1
2019-12-31 0 -29 2
DB:SRM Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-12-31 -9 -20
2018-09-30 -9 -21
2018-06-30 -9 -20
2018-03-31 -8 -19
2017-12-31 -10 -10
2017-09-30 -8 -8
2017-06-30 -8 -6
2017-03-31 -8 -7
2016-12-31 -5 -7
2016-09-30 -4 -7
2016-06-30 -5 -9
2016-03-31 -5 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Seabridge Gold is high growth as no earnings estimate data is available.
  • Unable to determine if Seabridge Gold is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:SRM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Seabridge Gold Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SRM Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31 -0.26 -0.26 -0.26 1.00
DB:SRM Past Financials Data
Date (Data in CAD Millions) EPS *
2018-12-31 -0.34
2018-09-30 -0.36
2018-06-30 -0.34
2018-03-31 -0.33
2017-12-31 -0.18
2017-09-30 -0.14
2017-06-30 -0.12
2017-03-31 -0.12
2016-12-31 -0.14
2016-09-30 -0.13
2016-06-30 -0.18
2016-03-31 -0.18

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Seabridge Gold will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Seabridge Gold's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Seabridge Gold has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SRM Past Performance

  How has Seabridge Gold performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Seabridge Gold's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Seabridge Gold does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Seabridge Gold's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Seabridge Gold's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Seabridge Gold's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Seabridge Gold Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:SRM Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 -19.94 12.37
2018-09-30 -21.12 12.38
2018-06-30 -19.82 13.59
2018-03-31 -19.13 13.60
2017-12-31 -10.29 13.67
2017-09-30 -7.68 12.84
2017-06-30 -6.45 11.57
2017-03-31 -6.65 11.01
2016-12-31 -7.29 9.68
2016-09-30 -7.06 10.35
2016-06-30 -9.39 9.71
2016-03-31 -9.07 9.35
2015-12-31 -9.07 9.41
2015-09-30 -10.67 9.50
2015-06-30 -10.87 11.37
2015-03-31 -13.06 13.48
2014-12-31 -13.02 14.09
2014-09-30 -11.50 14.07
2014-06-30 -10.71 13.26
2014-03-31 -12.61 11.81
2013-12-31 -13.65 11.83
2013-09-30 -14.20 12.43
2013-06-30 -17.46 12.82
2013-03-31 -14.07 15.34
2012-12-31 -12.51 15.83
2012-09-30 -14.85 16.59
2012-06-30 -13.25 17.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Seabridge Gold has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Seabridge Gold has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Seabridge Gold improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Seabridge Gold's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Seabridge Gold has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SRM Health

 How is Seabridge Gold's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Seabridge Gold's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Seabridge Gold is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Seabridge Gold's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Seabridge Gold's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Seabridge Gold has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Seabridge Gold Company Filings, last reported 3 months ago.

DB:SRM Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 386.56 0.00 22.85
2018-09-30 365.34 0.00 17.03
2018-06-30 367.46 0.00 34.47
2018-03-31 353.28 0.00 23.41
2017-12-31 355.64 0.00 19.54
2017-09-30 356.08 0.00 30.03
2017-06-30 354.52 0.00 37.71
2017-03-31 312.39 0.00 9.58
2016-12-31 311.36 0.00 12.43
2016-09-30 313.21 0.00 20.64
2016-06-30 310.57 0.00 28.21
2016-03-31 280.74 0.00 15.72
2015-12-31 281.98 0.00 19.57
2015-09-30 268.23 0.00 10.46
2015-06-30 270.25 0.00 18.97
2015-03-31 258.51 0.00 9.77
2014-12-31 259.83 0.00 11.19
2014-09-30 261.50 0.00 21.78
2014-06-30 251.05 0.00 16.33
2014-03-31 252.17 0.00 20.80
2013-12-31 253.76 0.00 28.26
2013-09-30 242.75 0.00 20.48
2013-06-30 238.20 0.00 33.33
2013-03-31 247.12 0.00 43.76
2012-12-31 248.53 0.00 52.04
2012-09-30 217.71 0.00 26.39
2012-06-30 218.80 0.67 44.34
  • Seabridge Gold has no debt.
  • Seabridge Gold had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Seabridge Gold has less than a year of cash runway based on current free cash flow.
  • Seabridge Gold has less than a year of cash runway if free cash flow continues to grow at historical rates of 18% each year.
X
Financial health checks
We assess Seabridge Gold's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Seabridge Gold has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SRM Dividends

 What is Seabridge Gold's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Seabridge Gold dividends.
If you bought €2,000 of Seabridge Gold shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Seabridge Gold's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Seabridge Gold's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:SRM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:SRM Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Seabridge Gold has not reported any payouts.
  • Unable to verify if Seabridge Gold's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Seabridge Gold's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Seabridge Gold has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Seabridge Gold's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Seabridge Gold afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Seabridge Gold has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SRM Management

 What is the CEO of Seabridge Gold's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rudi Fronk
COMPENSATION CA$1,632,818
AGE 59
TENURE AS CEO 19.5 years
CEO Bio

Mr. Rudi P. Fronk has been the Chairman and Chief Executive Officer of Seabridge Gold, Inc. since June 27, 2012 and October 1999 respectively. He serves as the President of Seabridge Gold Corporation. He co-founded Seabridge Gold Inc. in 1999. He has over 30 years’ experience in the gold industry as a Director and Senior Officer of several publicly traded gold companies. He served as the President of Greenstone Resources Ltd. from 1994 to 1999. He served as the President of Seabridge Gold Inc. from 1999 to June 2012. He serves as the Chairman of The Fine Wine Reserve Inc. He served as the Non-Executive Chairman of Paramount Gold Nevada Corp. since January 12, 2017 until June 25, 2018. He has been Non-Executive Chairman at Calico Resources Corp. since August 2014. Prior to 1994, he served positions with Columbia Resources from 1992 to 1993, DRX Inc. from 1989 to 1992, Behre Dolbear & Company from 1986 to 1989, Riverside Associates from 1984 to 1986, Phibro-Salomon from 1982 to 1983 and Amax Corp since 1980. He has been Director of Paramount Gold Nevada Corp. since January 12, 2017. He has been a Director of Calico Resources Corp. since July 18, 2014 and Seabridge Gold, Inc. since October 1999. He serves as Chairman of Gedex Systems Inc. He served as a Member of Advisory Board at Gold Standard Ventures Corp from March 2011 to July 18, 2016. He served as a Director of enCore Energy Corp. since May 15, 2013. Mr. Fronk served as a Director of Greenstone Resources Ltd. from 1994 to 1999. He served as a Director of Arizona Star Resource Corp. from December 2004 to December 19, 2007. He served as a Director of Coeur San Miguel Corp. (alternate name: Paramount Gold and Silver Corp.) from March 2009 to December 02, 2011. Mr. Fronk is a Graduate of Columbia University from which he holds a Bachelor of Science degree in Mining Engineering and a Master of Science degree in Mineral Economics.

CEO Compensation
  • Rudi's compensation has been consistent with company performance over the past year.
  • Rudi's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Seabridge Gold management team in years:

7.9
Average Tenure
58
Average Age
  • The average tenure for the Seabridge Gold management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rudi Fronk

TITLE
Chairman & CEO
COMPENSATION
CA$2M
AGE
59
TENURE
19.5 yrs

Jay Layman

TITLE
President
COMPENSATION
CA$1M
AGE
58
TENURE
6.8 yrs

Chris Reynolds

TITLE
VP of Finance & CFO
COMPENSATION
CA$641K
AGE
54
TENURE
7.9 yrs

Peter Williams

TITLE
Senior Vice President of Technical Services
COMPENSATION
CA$896K
AGE
58
TENURE
5.8 yrs

Charles Scott

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
CA$2M
AGE
52

Gloria Trujillo

TITLE
Assistant Corporate Secretary
TENURE
15.8 yrs
Board of Directors Tenure

Average tenure and age of the Seabridge Gold board of directors in years:

6.1
Average Tenure
72
Average Age
  • The tenure for the Seabridge Gold board of directors is about average.
Board of Directors

Jay Layman

TITLE
President
COMPENSATION
CA$1M
AGE
58
TENURE
6.8 yrs

Eliseo Gonzalez-Urien

TITLE
Director
COMPENSATION
CA$207K
AGE
77
TENURE
13.3 yrs

Rudi Fronk

TITLE
Chairman & CEO
COMPENSATION
CA$2M
AGE
59
TENURE
6.8 yrs

Richard Kraus

TITLE
Director
COMPENSATION
CA$207K
AGE
72
TENURE
5.3 yrs

John Sabine

TITLE
Director
COMPENSATION
CA$200K
AGE
72
TENURE
4.8 yrs

A. Banfield

TITLE
Director
COMPENSATION
CA$187K
AGE
76
TENURE
19.5 yrs

Gary Sugar

TITLE
Director
COMPENSATION
CA$187K
AGE
69
TENURE
2.9 yrs

Clement Pelletier

TITLE
Director
AGE
72
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • Seabridge Gold insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
15. Apr 19 Sell Robert Murphy Individual 11. Apr 19 11. Apr 19 -2,000 €10.15 €-20,299
22. Feb 19 Sell Gloria Trujillo Individual 19. Feb 19 19. Feb 19 -2,168 €12.32 €-26,707
04. Feb 19 Sell Gloria Trujillo Individual 01. Feb 19 01. Feb 19 -4,499 €12.12 €-54,510
14. Dec 18 Sell Gloria Trujillo Individual 12. Dec 18 12. Dec 18 -813 €10.70 €-8,696
23. Oct 18 Sell Gloria Trujillo Individual 16. Oct 18 16. Oct 18 -1,000 €12.49 €-12,489
17. Oct 18 Sell Peter Williams Individual 12. Oct 18 16. Oct 18 -54,750 €12.93 €-675,183
X
Management checks
We assess Seabridge Gold's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Seabridge Gold has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SRM News

Simply Wall St News

SRM Company Info

Description

Seabridge Gold Inc., a development stage company, together with its subsidiaries, engages in the acquisition and exploration of gold properties located in North America. The company also explores for copper and silver ores. It holds a 100% interest in various North American gold resource projects. The company’s principal assets are the Kerr-Sulphurets-Mitchell and Iskut properties located near Stewart, British Columbia, Canada, as well as the Courageous Lake gold project located in Canada’s Northwest Territories. The company was formerly known as Seabridge Resources Inc. and changed its name to Seabridge Gold Inc. in June 2002. Seabridge Gold Inc. was founded in 1979 and is based in Toronto, Canada.

Details
Name: Seabridge Gold Inc.
SRM
Exchange: DB
Founded: 1979
CA$610,137,644
61,653,047
Website: http://www.seabridgegold.net
Address: Seabridge Gold Inc.
106 Front Street East,
Suite 400,
Toronto,
Ontario, M5A 1E1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSX SEA Common Shares The Toronto Stock Exchange CA CAD 20. Sep 1982
NYSE SA Common Shares New York Stock Exchange US USD 20. Sep 1982
DB SRM Common Shares Deutsche Boerse AG DE EUR 20. Sep 1982
LSE 0VGV Common Shares London Stock Exchange GB CAD 20. Sep 1982
Number of employees
Current staff
Staff numbers
0
Seabridge Gold employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 21:14
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2019/04/04
Last earnings filing: 2019/03/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.