Seabridge Gold (SA) Operating Expenses (2010 - 2026)

Seabridge Gold (SA) posted quarterly Operating Expenses of -$4.5 million for Q1 2026, down 47.67% year-over-year from -$8.6 million in Q1 2025, and down 32.02% on a QoQ basis from -$3.4 million in Q3 2025.

Seabridge Gold (SA) Operating Expenses (2010 - 2026) Analysis & Trends

Seabridge Gold (SA) has reported Operating Expenses for 12 consecutive years, with -$4.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses fell 47.67% year-over-year to -$4.5 million; the TTM figure through Mar 2026 stood at -$11.5 million (down 20.85% YoY), while the FY2010 annual figure was -$5.7 million, changed N/A from the prior year.
  • Operating Expenses came in at -$4.5 million for Q1 2026 at Seabridge Gold, down from -$3.4 million in the prior quarter.
  • The five-year high for Operating Expenses was -$2.2 million in Q2 2022, with the low at -$4.5 million in Q1 2026.
  • Average Operating Expenses over 5 years is -$3.2 million, with a median of -$3.0 million recorded in 2025.
  • Across the five-year window, Operating Expenses plunged 196.64% in 2022 and gained 21.4% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at -$2.3 million in 2022, then decreased by 21.49% to -$2.8 million in 2023, then declined by 5.42% to -$2.9 million in 2024, then fell by 15.75% to -$3.4 million in 2025, then sank by 32.02% to -$4.5 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$4.5 million, -$3.4 million, and -$3.6 million for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 155.00 Mn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -7.01 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 2.84 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -19.25 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 89.82 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -1.16 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 9.20 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 83.10 Mn
10 Seabridge Gold - - - -4.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -4.48 Mn
Sep 30, 2025 -3.39 Mn
Jun 30, 2025 -3.58 Mn
Mar 31, 2025 -3.03 Mn
Sep 30, 2024 -2.93 Mn
Jun 30, 2024 -3.51 Mn
Mar 31, 2024 -3.45 Mn
Sep 30, 2023 -2.78 Mn
Jun 30, 2023 -2.94 Mn
Mar 31, 2023 -2.86 Mn
Sep 30, 2022 -2.29 Mn
Jun 30, 2022 -2.25 Mn
Mar 31, 2022 -3.63 Mn
Sep 30, 2021 -1.46 Mn
Jun 30, 2021 -1.65 Mn
Mar 31, 2021 3.76 Mn
Sep 30, 2020 2.70 Mn
Jun 30, 2020 -2.44 Mn
Mar 31, 2020 2.88 Mn
Sep 30, 2019 1.81 Mn