SA stock fell 1.03 percent as KSM review continued
Published on 10/05/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
SA stock (ISIN CA8119271028) closed at USD 26.97 on October 2, 2026, down 1.03 percent from the prior close of USD 27.25. The move came against a regulatory backdrop for Seabridge Gold's KSM project in British Columbia, where the environmental review process continued.
The October 2 market read
Seabridge Gold carried a market capitalization of USD 2.9 billion on October 2, 2026, with volume of 600,654 shares. The stock traded between USD 26.66 and USD 27.89 during that session, placing the closing price 32.65 percent below its 52-week high of USD 40.06.
The price also sat USD 5.30 above the 52-week low of USD 21.67. That spread matters because the stock's 52-week range is wide, while the October 2 decline was a single-session move rather than a break of either boundary.
KSM review keeps a regulatory hinge
According to National Law Review on September 22, 2026, British Columbia's Environmental Assessment Office updated Seabridge on its reconsideration of KSM's Substantially Started Designation.
The designation had been challenged after a June 8, 2026 court ruling required a reconsideration process and an additional 90-day consultation period. The KSM project received its original designation on July 24, 2024, giving the regulatory decision a direct connection to the project's development path.
Analysts set a wide target spread
MarketBeat reported that four analysts covered Seabridge Gold with two Buy ratings, one Hold rating and one Sell rating. The consensus label was Hold with an average price target of USD 56.00, which lies 107.64 percent above the October 2 price of USD 26.97.
The same MarketBeat report said Royal Bank of Canada raised its target from USD 71.00 to USD 72.00 on September 16, 2026, while keeping an Outperform rating. That target is 166.96 percent above the October 2 price, highlighting the gap between the consensus view and the highest named target in the report.
SA stock closed below its yearly high
SA stock closed at USD 26.97 on the NYSE on October 2, 2026, with the USD 40.06 52-week high and USD 21.67 low defining the current trading frame.
Key facts on Seabridge Gold stock
- Company: Seabridge Gold Inc.
- ISIN: CA8119271028
- Ticker: SA
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): Closing price USD 26.97
- Market capitalization: USD 2.9 billion (as of October 2, 2026)
- 52-week range: USD 21.67-40.06 (as of October 2, 2026)
- Sector / Industry: Materials / Gold exploration and development
