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NYSE:SA 22 January 2026

Seabridge Gold stock jumps as Valor spin-out timeline firms up — June vote and Q2 debut in focus

Seabridge Gold stock jumps as Valor spin-out timeline firms up — June vote and Q2 debut in focus

Seabridge Gold shares surged 12.4% to $36.80 Thursday after announcing plans to spin off its Courageous Lake project into Valor Gold Corp, with a shareholder vote expected by June 2026. Valor aims to list in Toronto and on the OTCQB, pending approvals. Seabridge will fund Valor with C$10 million and name Mark J. Ashley as CEO. The reorganization remains subject to board, shareholder, court, and regulatory approval.

Stock Market Today

  • Goldman Sachs Predicts Deeper Stock Market Correction Amid Limited Safe Havens
    March 20, 2026, 12:14 PM EDT. Goldman Sachs anticipates a deeper correction in the stock market, warning investors that there are few safe havens currently available. The firm's outlook signals increased volatility ahead as economic uncertainties pressure equities. This forecast from one of Wall Street's leading investment banks underscores caution amid tightening monetary policies and ongoing geopolitical concerns. Investors may need to prepare for declines in broader market indexes, with minimal sectors poised to outperform. Goldman's analysis highlights the challenges in finding reliable refuge spots, pointing to the potential for widespread market sell-offs in the near term.
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