The stock of SSR Mining (SSRM) has surged 9.5% in the last day and is now trading at $29.11. We believe there is little reason to worry about SSRM stock due to its overall Strong operating performance and solid financial standing.
SSR Mining moves ahead toward Q4 results, with a 560% EPS jump expected, boosted by CC&V output and strong gold prices, even as mine setbacks persist.
SSRM is pushing ahead at Hod Maden, investing heavily in engineering and site work as the gold-copper project nears updated mine plans.
| Metals & Mining Industry | Materials Sector | Rodney Antal Accountancy CEO | XMUN Exchange | CA7847301032 ISIN |
| US Country | 2,300 Employees | - Last Dividend | - Last Split | 1 Aug 1996 IPO Date |
SSR Mining Inc. operates in the precious metals sector with a focus on the acquisition, exploration, development, and operation of resource properties. The company has a diversified portfolio of assets across the United States, Türkiye, Canada, and Argentina. Initially known as Silver Standard Resources Inc., it underwent a rebranding in August 2017 to better reflect its broadened focus, adopting the name SSR Mining Inc. The company, which was founded in 1946, is headquartered in Denver, Colorado, evidencing a long-standing presence in the mining industry. SSR Mining is involved in the exploration of gold doré, copper, silver, lead, and zinc, showcasing a diverse range of precious metal resources.
SSR Mining is engaged in the exploration and development of gold doré, a semi-pure alloy of gold and silver, which is further refined to obtain pure gold. This activity forms a core part of their portfolio, reflecting the high demand and value associated with gold.
The company explores for copper deposits, a metal with widespread use in electrical wiring, plumbing, and renewable energy technologies, thus representing a significant aspect of SSR Mining's resource diversification strategy.
SSR Mining seeks out silver deposits, leveraging the precious metal's industrial and investment appeal. Silver's dual role as both an investment vehicle and an industrial metal makes it a valuable component of the company's exploration portfolio.
In addition to precious metals, the company is involved in the exploration of lead and zinc, metals that are essential in various industries, including construction, automotive, and manufacturing. This diversification into base metals characterizes SSR Mining's comprehensive approach to resource exploration.
SSR Mining operates several mines across different countries. These include the Çöpler Mine in Erzincan province, Türkiye; the Marigold Mine in Nevada, United States; the Seabee Mine in Saskatchewan, Canada; and the Puna Mine in Jujuy province, Argentina. Each of these mining operations contributes to the company's overall gold, copper, silver, lead, and zinc production, bolstering SSR Mining's status as a significant player in the global mining industry.