An analyst has upgraded SSR Mining (NASDAQ:SSRM) to strong buy following the $1.5 billion sale of its Çöpler mine. The transaction is said to transform the company's balance sheet and portfolio. Guidance points to 10% production growth in 2025.
SSR Mining (NASDAQ:SSRM) has received a strong buy rating upgrade from an analyst at Seeking Alpha. The upgrade follows a robust quarterly report and the sale of the Çöpler mine for $1.5 billion, which is expected to reshape the company's balance sheet and support a strategic pivot toward Americas-focused operations with reduced risk exposure from the mine's prior accident. Previously, the analyst noted potential recovery for SSRM even without Çöpler contributions post-accident. The company's 2025 guidance forecasts 10% production growth at an all-in sustaining cost (AISC) of $2,180–$2,260 per ounce, alongside strong free cash flow potential through 2030. Current valuation appears to reflect a significant discount, suggesting upside potential from de-risking and repositioning. The analyst discloses no current position in SSRM but may initiate a long position within 72 hours. This assessment comes amid improved financials highlighted in recent coverage.
