STOCK TITAN

SSR Mining Inc. - SSRM STOCK NEWS

Welcome to our dedicated page for SSR Mining news (Ticker: SSRM), a resource for investors and traders seeking the latest updates and insights on SSR Mining stock.

SSR Mining Inc., formerly known as Silver Standard Resources, is a leading Vancouver-based mining company dedicated to the operation, development, exploration, and acquisition of precious metal projects. Publicly traded under the ticker symbol SSRM on both the Nasdaq Capital Markets and the Toronto Stock Exchange, SSR Mining is a prominent player in the precious metals production industry.

SSR Mining's portfolio includes three major operations: the Marigold Gold Mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada, and the 75%-owned and operated Puna Operations Joint Venture in Jujuy Province, Argentina. The Puna Operations consist of the Pirquitas operation and the Chinchillas development project. Together, these sites highlight SSR Mining's focus on gold and silver production, with the Marigold mine being a significant source of gold and the Puna mine contributing primarily to silver production.

The company is led by an experienced management team known for their expertise in mining operations and project development. They have a proven track record of successful mine-building and operational excellence, which is reflected in SSR Mining's robust financial condition and strong balance sheet.

Besides its ongoing operations, SSR Mining has two projects in the feasibility stage and a portfolio of exploration properties across North and South America. These projects are strategically positioned to enhance the company's growth potential and ensure long-term sustainable production.

The SSR Mining team is known for its commitment to safety, operational efficiency, and environmental responsibility. Their dedication to safe and efficient production practices ensures they consistently meet production targets while maintaining high standards of environmental stewardship.

For the latest updates and detailed information about SSR Mining Inc., visit their official website or follow their press releases and financial reports.

Rhea-AI Summary
SSR Mining Inc. provides an update on an incident at Çöpler, where a significant slip occurred, resulting in nine individuals being unaccounted for. Operations at the mine are suspended, with a focus on search and rescue efforts. The company's priority is the safety of its employees and contractors. Emergency response teams and national disaster relief agency personnel are on-site. Environmental sampling has been conducted with normal results. Forward-looking information in the release highlights potential risks and uncertainties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
none
-
Rhea-AI Summary
SSR Mining Inc. announces the suspension of operations at the Çöpler mine due to a large slip on the heap leach pad. A conference call is scheduled to provide an overview of current operations and long-term growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-53.7%
Tags
none
-
Rhea-AI Summary
SSR Mining Inc. announces positive business update with increased production outlook and life of mine plans. The company expects total 5-year production to increase by 4% to 3.1 million ounces gold equivalent, with a 9% increase including contributions from the Hod Maden acquisition. Production platform aims for 800,000 gold equivalent ounces by 2027 with an AISC trending towards $1,300 per ounce. Positive free cash flow expected in 2024, peer-leading capital returns yield, and unchanged overall returns strategy. Technical reports show corporate net asset value based on mineral reserves only of over $3 billion, increasing to over $4 billion at spot commodity prices. Major assets like Çöpler, Marigold, and Seabee show strong growth profiles and increased production expectations over the next few years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-53.7%
Tags
none
Rhea-AI Summary
SSR Mining Inc. reports fourth quarter 2023 production of approximately 211,100 gold equivalent ounces, meeting the 2023 production guidance. The company has delivered 11 out of 12 years on its production guidance targets. Full-year production for 2023 stands at approximately 706,900 gold equivalent ounces. The long-term production guidance will be announced on February 13, 2024, along with the full-year 2023 financial results to be announced on February 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
none
-
News
Rhea-AI Summary
SSR Mining Inc. (SSRM) appoints Daniel Malchuk, a seasoned industry veteran with over 30 years of experience, to its Board of Directors. Mr. Malchuk brings strategic, operational, and financial expertise from his tenure at BHP and current roles at Appian Capital Advisory and Jetti Resources. He holds a Civil Industrial Engineer degree from Universidad de Chile and an MBA from University of California at Los Angeles (UCLA) Anderson School of Management. Mr. Malchuk's appointment is effective January 8, 2024, and he will also serve on the Technical, Safety, and Sustainability Committee of the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
management
-
News
Rhea-AI Summary
SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) announced a block trade agreement with Scotiabank to sell 6,161,524 units at a price of C$1.93 per unit, resulting in gross proceeds of C$11,891,741. The units consist of one common share of EMX Royalty Corp. and one right to purchase an additional common share at a price of C$2.27 per share. SSR Mining's ownership in EMX has decreased to 5.5% from 11.0% as a result of the sale, with potential gross proceeds of C$25,878,401 if all options are exercised.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
Tags
none
Rhea-AI Summary
SSR Mining Inc. (SSRM) has announced the sale of its San Luis Project to Highlander Silver Corp. for up to US$42.5 million, with SSR Mining retaining a 4% NSR royalty. The transaction is expected to be accretive to SSR Mining on a NAV per share basis and is part of the company's portfolio rationalization strategy, having realized over US$300 million for non-core assets since the start of 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
-
Rhea-AI Summary
SSR Mining Inc. (SSRM) has announced the implementation of an automatic share purchase plan (ASPP) in connection with its normal course issuer bid (NCIB) to repurchase up to 10,200,000 common shares of the company. The ASPP is designed to facilitate repurchases of common shares under the NCIB during regulatory restrictions and blackout periods. It is expected to be in effect from November 28, 2023, to June 19, 2024. The NCIB allows SSR Mining to purchase common shares over the twelve-month period that began on June 20, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
Tags
none
-
Rhea-AI Summary
SSR Mining reports strong Q3 2023 financial and operating results, with record production from Marigold and Puna. Attributable net income in Q3 was $15.2 million, or $0.07 per diluted share. Quarterly production was 192,195 gold equivalent ounces at a cost of sales of $1,095 per ounce and AISC of $1,289 per ounce. Year-to-date production is 495,668 gold equivalent ounces. The company remains on track for the low-end of its consolidated production guidance of 700,000 gold equivalent ounces.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.27%
Tags
Rhea-AI Summary
SSR Mining announces sale of Sunrise Lake Property to Honey Badger Silver Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
Tags
none

FAQ

What is the current stock price of SSR Mining (SSRM)?

The current stock price of SSR Mining (SSRM) is $6.95 as of December 20, 2024.

What is the market cap of SSR Mining (SSRM)?

The market cap of SSR Mining (SSRM) is approximately 1.4B.

What does SSR Mining Inc. do?

SSR Mining Inc. is a mining company focused on the operation, development, exploration, and acquisition of precious metal projects in the Americas.

Where is SSR Mining Inc. headquartered?

SSR Mining Inc. is headquartered in Vancouver, Canada.

What are the main operations of SSR Mining?

SSR Mining's main operations include the Marigold Gold Mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada, and the Puna Operations Joint Venture in Argentina.

What metals does SSR Mining primarily produce?

SSR Mining primarily produces gold and silver.

What is the ticker symbol for SSR Mining Inc.?

The ticker symbol for SSR Mining Inc. is SSRM.

On which stock exchanges is SSR Mining listed?

SSR Mining is listed on the Nasdaq Capital Markets and the Toronto Stock Exchange.

Who leads SSR Mining Inc.?

SSR Mining Inc. is led by an experienced management team known for their expertise in mining operations and project development.

What are SSR Mining's future projects?

SSR Mining has two feasibility stage projects and a portfolio of exploration properties throughout North and South America.

How does SSR Mining ensure safe production?

SSR Mining is committed to delivering safe production through a strong emphasis on safety, operational efficiency, and environmental responsibility.

Where can I find the latest news on SSR Mining Inc.?

You can find the latest news on SSR Mining Inc. on their official website, press releases, and financial reports.

SSR Mining Inc.

Nasdaq:SSRM

SSRM Rankings

SSRM Stock Data

1.43B
200.38M
0.91%
75.14%
4%
Gold
Mineral Royalty Traders
Link
United States of America
DENVER