SSR Mining's Roxmore acquisition could add up to 170,000 ounces of annual gold production, strengthen its Nevada footprint and generate more than $200M in synergies.
SSRM's Puna expansion advances mine-life extensions as higher 2026 growth capital supports Chinchillas, Melina and Cortaderas.
SSR Mining has transformed into an Americas-focused producer, exiting Türkiye and monetizing its former assets for ~$1.5 billion in cash and a 4% NSR. SSRM now boasts a net cash position of $1.8 billion, aggressive share buybacks, and a portfolio concentrated in tier-one jurisdictions, reducing operational risk. Despite a 43% share rally, SSRM trades at a forward EV/EBITDA well below peers and ~0.88x consensus NAV, implying at least 14% upside to NAV.
Silver Standard Resources NASDAQ: SSRM outlined a strategic shift toward a simpler, Americas-focused portfolio, emphasizing cash generation, shareholder returns and organic growth following the sale of its Türkiye operations.
SSRM's Cripple Creek and Victor acquisition is boosting gold production, but higher costs and capital spending shape the mine's 2026 outlook.
SSR Mining advances Marigold growth initiatives and exploration as higher grades are expected to drive H2 production upside.
SSR Mining remains a Buy after selling Copler and exiting Turkey, strengthening its balance sheet with $1.8 billion cash and no debt. Despite Q2's elevated AISC of $2,622/oz and higher sustaining capex, full-year production guidance is reaffirmed with a significant Q4 ramp expected. Capital returns accelerate with $409 million in buybacks YTD, a new $500 million authorization, and a reinstated dividend, targeting peer-leading shareholder yield.
SSR Mining is reiterated as a Strong Buy after divesting its Turkish assets and pivoting to the Americas, unlocking significant re-rating potential. SSRM's $1.49B Çöpler sale and Hod Maden royalty deal have reduced geopolitical risk, strengthened the balance sheet, and enabled focused capital deployment in North America. Despite near-term cost pressures and gold price volatility, SSRM's robust cash position ($1.78B) provides flexibility for strategic growth and shareholder returns, with buybacks representing a 5.2% yield in H1 alone.
Silver Standard Resources NASDAQ: SSRM, operating as SSR Mining, said its second-quarter results were in line with expectations as the company completed its exit from Türkiye, strengthened its cash position and outlined plans to increase investment in mine-life extensions across its Americas-focused portfolio.
SSR Mining (SSRM) is now a pure-play Americas gold and silver producer with $2.1B net cash after divesting Çöpler. SSRM's four operating mines generate robust free cash flow, supporting a 10% FCF yield and ongoing capital deployment opportunities. The stock trades at 0.7x NAV with a Buy rating and $40 price target, reflecting confidence in management's acquisition strategy.
SSR Mining Inc. offers a compelling buy opportunity, trading at a 0.76x P/NAV discount post-Çöpler sale and portfolio transformation. Çöpler and Hod Maden exits have eliminated major jurisdictional risks, unlocking $1.5 billion in cash and streamlining the asset base for re-rating. Management is returning $800 million to shareholders via buybacks and a reinstated dividend while maintaining a robust $1 billion net cash buffer.
SSR Mining (SSRM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.