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Seabridge Gold Inc cash flow statement

In fiscal 2022, Seabridge Gold Inc's operations generated −$10.2m of cash; it spent $137m on capital projects, leaving free cash flow of −$147m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 2022
Cash from operations−7−8−7−9−10
Depreciation and amortisation——00—
Stock-based pay−4−4−7−3−2
Capital spending———59137
Free cash flow———−68−147
Free cash flow after stock pay———−65−145

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Seabridge Gold Inc's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Seabridge Gold Inc.