SSR Mining Sells Turkish Mine for $1.5 Billion to Strengthen Liquidity

Key Facts

1SSR Mining finalized a $1.5 billion deal to sell a mine in Turkey.

2The buyer is one of Turkey's top industrial conglomerates.

SSR Mining (SSRM) has finalized the $1.5 billion sale of its Turkish mining assets to strengthen its balance sheet and enhance liquidity. UBS analyst George Eadie maintains a bullish outlook with a potential 56% gain, noting that the stock currently trades at a discount compared to its industry peers. However, the production outlook for 2026 is projected to be heavily weighted towards the second half of the year. Analysts have also identified specific risks regarding future cash flows and ongoing uncertainty surrounding the Copler mine. While rising gold prices have recently supported the stock's performance, the metal remains down 13% from its pre-war levels. This strategic divestiture is viewed as a move to optimize the company's portfolio and focus on high-margin core operations.

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7 months ago

Version History

4 additional sources confirmed this story

Version 27 months ago

What changed: The story was updated to include fundamental valuation analysis against industry peers, 2026 production weighting projections, and specific operational risks regarding the Copler mine and cash flows.

Version 17 months ago

What changed: The story was updated to include a bullish projection from UBS analyst George Eadie of a 56% upside, alongside context on recent gold price movements.