News about SSRM

SSR Mining released a Technical Report Summary for its Marigold Gold Complex in Nevada, outlining a 20-year production blueprint and long-term mining schedule. The article notes the planned acquisition of Roxmore Resources and an expanded life-of-mine plan at Marigold, while the shares fell 7.21% in one day after a pullback over the past month. Despite this, returns remain strong, with 20.08% over 90 days, 47.65% year to date and a 3-year total shareholder return of 129.43%. The most-followed narrative on the platform puts fair value at CA$59.13 against a last close of CA$43.66, implying about 26% undervaluation under its assumptions. The article flags risks including uncertainty over the Çöpler restart and relatively high all-in sustaining costs at Seabee and Marigold.

SSR Mining's share price has risen 129.4% over the past 3 years, and the company has agreed to acquire Roxmore Resources and its Converse gold project, funded from existing cash. The article says the stock trades on about 11.0x earnings, below the metals and mining sector average of about 14.7x and a peer group level of about 12.8x. Based on its own fair P/E model, it concludes the shares look undervalued. The deal could also change the timing of future production and cash flow for the company.

SSR Mining has outlined a 20-year operating plan for its Marigold Gold Complex in Nevada, which incorporates the Buffalo Valley project and extends the complex's production schedule over multiple decades. Management has also moved to acquire Roxmore Resources, adding the Converse gold project in Nevada to the company's pipeline. SSR Mining operates across the United States, Türkiye, Canada and Argentina, so these Nevada projects fit within an existing multi-country production base. The article notes that long, capital-intensive development timelines for Buffalo Valley and Converse add risk, and that integration, permitting, build execution and Çöpler remediation are key factors for costs and cash flow.