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| Date | Value |
|---|---|
| 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 |