# Seabridge Gold Inc. (SEA.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Basic Materials / Metals & Mining. Price C$44.04, market value C$4.8 billion.

## Valuation
- **P/E (trailing): 163.1×** (5-yr avg 1700.1×). Seabridge Gold Inc. trades at 163.1× trailing earnings, well below its own five-year average of 1700.1×: cheap by its own standards. The Basic Materials median in the September 2026 study was 19.0×.
- **Price / book: 3.9×**. The shares trade at 3.9× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -3.7%** (5-yr avg -10.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 0.6%**. The inverse of the P/E: 0.6% of the price is earned each year.

## Profitability
- **Return on equity: -4.7%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -1.1%**. Return on all capital, debt included, is -1.1%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -2.9%**. Each dollar of assets produces -2.9% of profit.

## Growth
- **EPS growth (1 yr): -51.4%**. Earnings per share fell 51.4%.

## Financial health
- **Debt to equity: 0.53**. Debt is 0.53 times equity, moderate leverage.
- **Net debt / EBITDA: net cash**. Seabridge Gold Inc. holds more cash than debt.
- **Interest coverage: -40.2×**. Operating profit covers interest only -40.2×: fragile.
- **Current ratio: 5.24** (quick 5.24). Current assets cover the next year's liabilities 5.24 times.
- **Altman Z-score: 4.80**. A Z-score of 4.80 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Seabridge Gold Inc. does not currently pay a dividend, but it returned 0.0% of its market value through buybacks over the last year.

## Price and momentum
- **Total return (1 yr): 96.2%** (YTD 15.7%, 3-mo 7.8%). The shares are up 96.2% over twelve months including dividends.
- **From 52-week high: -13.3%** (96.4% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 52**. An RSI of 52 is neutral.
- **Beta (1 yr): 3.49** (volatility 69%). Beta of 3.49 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SEA.TO · Page: https://foliofundamentals.com/stocks/sea.to

Not investment advice.