Seabridge Gold stock jumps as Valor spin-out timeline firms up — June vote and Q2 debut in focus
New York, January 22, 2026, 3:13 PM ET — Regular session Shares of Seabridge Gold Inc (NYSE: SA) jumped 12.4% to $36.80 in mid-afternoon trading Thursday, hitting a session peak of $37.20 earlier in the day. This shift shines a spotlight on a developer that doesn’t mine gold but behaves like a leveraged wager on it — and raises questions about whether a long-anticipated corporate shake-up will finally assign clearer values to its assets. Late Wednesday, Seabridge revealed plans to spin off its 100%-owned Courageous Lake project into a new company, Valor Gold Corp. Shares in Valor will be handed