SSR Mining Inc. (NASDAQ: SSRM)

by | Jun 5, 2025 | Daily Trade Alerts

SSR Mining Inc. (NASDAQ: SSRM) – Rebounding Gold Producer with Strategic Global Assets

SSR Mining Inc. (NASDAQ: SSRM) is a mid-tier precious metals producer with operations across Turkey, the United States, Canada, and Argentina, delivering over 700,000 gold-equivalent ounces per year. Known for its low all-in sustaining costs (AISC) and cash-generating assets, SSRM had been a steady performer—until an operational incident in early 2024 disrupted momentum.

With production resumption on the horizon and precious metals prices holding near cycle highs, SSR Mining is attracting attention as a potential value recovery play with re-rating potential.

The Bigger Picture: SSR’s Strategic Footprint

SSR Mining’s assets span four countries, providing operational and geopolitical diversification. Key mines include:

  • Çöpler (Turkey) – Flagship high-grade gold asset (temporarily suspended due to a 2024 incident)
  • Marigold (Nevada, USA) – Large-scale open-pit gold mine with consistent output
  • Seabee (Saskatchewan, Canada) – High-grade underground operation known for strong margins
  • Puna (Argentina) – Silver-focused operation with optionality depending on market cycles

SSR has built a reputation for operational excellence, capital discipline, and steady shareholder returns, including buybacks and dividends.

Key Catalysts Driving SSRM’s Momentum

  1. Çöpler Restart Timeline: After a tailings-related suspension in Turkey, SSR is progressing toward a phased restart pending regulatory approvals. Resumption could significantly re-rate earnings power.
  2. Gold Price Tailwinds: With gold prices hovering above $2,300/oz, SSRM’s core operations are generating strong margins—even at reduced output.
  3. Strong Balance Sheet: Over $600M in liquidity and modest net debt give SSR flexibility to resume operations and invest in growth.
  4. Production Guidance Reset: Revised 2025 guidance (expected later this year) could mark an inflection point and attract value-focused investors.
  5. Valuation Disconnect: SSRM trades at a significant discount to peers on EV/EBITDA and P/NAV metrics—pricing in worst-case outcomes that may not materialize.

Technical Analysis: SSRM’s Reversal Setup

  • Moving Averages: SSRM is attempting to reclaim its 50-day moving average near $5.25; next key resistance is at the 200-day ($6.15).
  • MACD: Bullish crossover is forming with growing momentum—first since the late Q1 selloff.
  • RSI: RSI at 52—recovering from deeply oversold levels and signaling trend stabilization.
  • Support/Resistance: Support is strong around $4.75; a breakout above $6.25 could open a path toward $7.50–$8.00.
  • Volume Trends: Accumulation has been steady since April, with volume spikes on green days suggesting growing contrarian interest.

Potential Risks to Consider

  • Operational Risk: The Çöpler mine restart timeline is uncertain and subject to government approval—delays could impact 2025 outlook.
  • Jurisdictional Risk: Turkey introduces higher-than-average geopolitical and regulatory complexity.
  • Market Sentiment: The stock is out of favor following its Q1 incident; investor trust will take time to rebuild.











SSR Mining is a contrarian opportunity in the gold space—offering leverage to precious metals, quality assets, and an operational reset story. As Çöpler moves toward recovery and investor confidence returns, SSRM may present meaningful upside in 2025.


			

				
				
				
				
				
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