Seabridge Gold (SA) Operating Expenses (2009 - 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% quarter-over-quarter from -$3.4 million in Q3 2025.
Seabridge Gold (SA) Operating Expenses (2009 - 2026) Analysis & Trends
Seabridge Gold's Operating Expenses history runs 18 years deep, the most recent figure standing at -$4.5 million for 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 FY2016 annual figure was -$7.3 million, up 0.91% from the prior year.
- Operating Expenses for Q1 2026 stood at -$4.5 million, 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.
- The 5-year median for Operating Expenses is -$3.0 million (2025), against an average of -$3.2 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 56.8% in 2022, then climbed 21.4% in 2023.
- Seabridge Gold's Operating Expenses stood at -$2.3 million in 2022, then dropped by 21.49% to -$2.8 million in 2023, then retreated by 5.42% to -$2.9 million in 2024, then decreased by 15.75% to -$3.4 million in 2025, then tumbled by 32.02% to -$4.5 million in 2026.
- Business Quant data shows SA's Operating Expenses at -$4.5 million in Q1 2026, -$3.4 million in Q3 2025, and -$3.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.56 Bn | 131.55 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 109.36 Bn | 105.90 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 79.61 Bn | 73.68 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 71.54 Bn | 71.44 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 61.52 Bn | 58.70 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 42.88 Bn | 41.10 Bn | - | - |
| 7 | Pan American Silver | 22.31 Bn | 20.74 Bn | 457,000.00 | -18,000.00 |
| 8 | Coeur Mining | 22.05 Bn | 21.00 Bn | 535.85 Mn | 869.08 Mn |
| 9 | Royal Gold | 22.00 Bn | 21.82 Bn | 390.45 Mn | 173.18 Mn |
| 10 | Seabridge Gold | 3.32 Bn | 1.99 Bn | - | -6.75 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 |