SSR Mining Inc. stock declines despite rising gold prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Jan 26
Source: Fool
SSRM Mining Inc. shares fell by 5.53% as it crossed below the 5-day SMA, indicating a bearish trend in the stock's performance.
Despite the recent surge in gold prices, which reached new highs of over $4,800, SSR Mining's stock declined. This movement suggests a sector rotation, as other mining companies may be benefiting from the rising gold prices while SSR Mining struggles to maintain its position.
The implications of this decline could indicate investor concerns about SSR Mining's operational performance or market positioning compared to its peers, despite favorable conditions in the gold market.
Analyst Views on SSRM
Wall Street analysts forecast SSRM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SSRM is 25.07 USD with a low forecast of 18.70 USD and a high forecast of 29.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
3 Buy
3 Hold
1 Sell
Moderate Buy
Current: 28.160
Low
18.70
Averages
25.07
High
29.00
Current: 28.160
Low
18.70
Averages
25.07
High
29.00
About SSRM
SSR Mining Inc. and its subsidiaries is a precious metals mining company with four assets located in the United States, Turkiye, Canada and Argentina. The Company is primarily engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Turkiye and the Americas. The Company produces gold dore as well as copper, silver, lead and zinc concentrates. Its operations consist of four mine sites-Copler, located in Erzincan Province, Turkiye (Copler), Marigold, located in Nevada, United States (Marigold), Seabee, located in Saskatchewan, Canada (Seabee), and Puna, located in Jujuy Province, Argentina. The Company also participates in exploration and development activities at properties located in the United States, Argentina, Canada and Turkiye. The Copler Property is comprised of the Copler Mine, Greater Cakmaktepe Mine, and associated processing facilities. The Company also owns Cripple Creek & Victor gold mine.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
