SSR Mining Stock Drops 19% Amid Falling Gold and Silver Prices
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy SSRM?
Source: Fool
- Stock Decline: SSR Mining's shares have dropped 5.4% over the past week, currently priced at $22.89, marking a 19% decline since hitting an all-time high of $28 on January 28, indicating market sensitivity to metal price fluctuations.
- Gold Price Plunge: Gold prices fell from $5,419.80 per ounce on January 28 to $4,660 by Monday, although they have slightly recovered to $4,879.10, the decline directly impacts SSR Mining's profitability.
- Silver Price Struggles: Silver prices have also seen significant volatility, dropping from $116.58 per ounce on January 28 to $79.21, and currently at $76.82, exacerbating market concerns regarding SSR Mining's future earnings.
- Analyst Perspective: Despite the low stock price, analysts suggest that SSR Mining's forward P/E ratio is below 6, with earnings expected to double next year, resulting in a PEG ratio of about 0.2, indicating potential investment value and a buying opportunity.
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Analyst Views on SSRM
Wall Street analysts forecast SSRM stock price to fall
7 Analyst Rating
3 Buy
3 Hold
1 Sell
Moderate Buy
Current: 31.500
Low
18.70
Averages
25.07
High
29.00
Current: 31.500
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.
SSR Mining Shares Surge 19.9% Driven by Strategic Moves
- Significant Stock Surge: SSR Mining's shares rose by 19.9% in the week ending Friday, signaling strong market interest and boosting shareholder confidence amid ongoing gold price fluctuations.
- Strategic Asset Sale: The company signed a definitive agreement to sell its 80% stake in a Turkish gold mine for $1.5 billion, significantly derisking its operations and allowing a sharper focus on core business in the Americas.
- Share Buyback Approval: SSR Mining received approval from the Toronto Stock Exchange to repurchase about 10% of its outstanding common shares, a move that not only enhances earnings per share but also reflects the company's confidence in its intrinsic value.
- Analyst Rating Upgrade: An analyst from UBS raised the price target on SSR Mining while maintaining a buy rating, which, combined with other positive updates, further propelled the stock price and reinforced investor confidence in gold exposure.
See More
SSR Mining Shares Surge 19.9% Amid Strategic Moves
- Stock Price Surge: SSR Mining's shares rose by 19.9% in the week ending Friday, driven not only by rising gold prices but also by the company's definitive agreement to sell its 80% stake in a Turkish gold mine for $1.5 billion, which derisks operations and boosts investor confidence.
- Share Buyback Plan: The company received approval from the Toronto Stock Exchange to repurchase approximately 10% of its outstanding common shares, a move aimed at enhancing earnings per share and increasing shareholder value, further solidifying market confidence in its stock.
- Analyst Rating Upgrade: An analyst at UBS raised the price target for SSR Mining this week while maintaining a buy rating, indicating a positive outlook for the company's future performance, which may attract more investor interest.
- Market Environment Impact: Despite gold's correlation with the equity market, investors are eager to see gold prices decouple from other asset classes, and SSR Mining's performance offers a solid opportunity for those seeking safe-haven assets, especially amid increasing market volatility.
See More
Construction Stocks Surge, Innovate Leads with 16.6% Gain
- Construction Sector Rally: The construction sector collectively rose by approximately 3.6%, indicating a renewed market confidence likely driven by increased infrastructure investments, which enhances the performance of related companies.
- Innovate's Strong Performance: Innovate's stock surged by about 16.6%, making it the top performer of the day, reflecting investor optimism regarding its future growth potential, possibly linked to recent project successes or new contract signings.
- Primoris Services Gains: Primoris Services saw its stock rise by approximately 6.9%, showcasing the company's robust market performance, likely benefiting from sustained demand in the construction and engineering sectors, which strengthens its profitability and market position.
- Improved Market Sentiment: The strong performance of construction stocks may signal signs of overall economic recovery, with investors holding optimistic views on future infrastructure spending and industry growth, thereby driving the rise of related stocks.
See More
Gulf War Triggers Sharp Sell-off in Gold and Silver
- Investor Shock: The outbreak of the Gulf War has led to a sharp sell-off in gold and silver, which are typically seen as safe-haven assets; this recent decline reflects market panic over the conflict, shaking investor confidence.
- Significant Demand Changes: According to the IMF, investors held 2.8% of their assets in gold in 2025, double the figure from a decade ago, while investment demand for gold increased by nearly 990 tonnes compared to 2024, indicating strong long-term demand despite short-term price volatility.
- Stable Industrial Demand: Industrial demand for silver accounts for 59% of total demand and remained stable in 2025 compared to 2024, with expectations that increased usage in new data centers will further drive silver demand, highlighting its importance in emerging technologies.
- Central Bank Buying Potential: Although central bank demand for gold declined in 2025, this may align with banks reaching their target holdings due to price increases; any significant drop in gold prices could trigger increased buying from central banks, reflecting ongoing concerns over U.S. debt levels and geopolitical tensions.
See More
Gold and Silver Decline Short-Term but Long-Term Outlook Remains Positive
- Safe-Haven Performance Decline: Despite being regarded as safe-haven assets, both gold and silver have seen significant declines following the onset of the Persian Gulf war, reflecting a market reaction to conflict that has undermined investor confidence in these traditional safe assets.
- Investment Demand Growth: According to the World Gold Council, investment demand for gold increased by nearly 990 tonnes in 2025 compared to 2024, while silver saw an increase of 13.5 million ounces, indicating that despite short-term price volatility, long-term demand remains robust, particularly supported by central banks and industrial sectors.
- Rising Central Bank Holdings: The International Monetary Fund reports that the share of gold in global official reserves has risen from 6% during the 2008 financial crisis to nearly 13% by the end of 2024, highlighting growing concerns about counterparty risk associated with U.S. Treasuries, which is driving long-term demand for gold.
- Future Potential Emergence: Although marginal demand from central banks declined in 2025, this may align with banks reaching their target gold holdings, suggesting that any significant price drop could trigger increased central bank buying, especially given the ongoing concerns over U.S. debt levels and geopolitical tensions.
See More
SSR Mining Shares Rise 8% Amid Gold Price Surge
- Stock Price Surge: SSR Mining's shares rose by 8% by noon today, primarily driven by a spike in gold prices, while equity markets also experienced gains, indicating a high correlation between gold mining stocks and the broader market.
- Significant Transaction Agreement: The company recently signed a definitive share purchase agreement to sell an 80% stake in its Turkish mine for $1.5 billion in cash, which not only mitigates geopolitical risks but also shifts investor focus towards its assets in the Americas.
- Market Correlation Analysis: Despite rising gold prices, the influx of speculative money has increased the correlation between gold and equity markets, leading investors to treat gold as a similar investment to other asset classes rather than a safe haven.
- Impact of Buyback Plan: SSR Mining announced a
See More
SSR Mining Shares Surge 19.9% Driven by Strategic Moves
- Significant Stock Surge: SSR Mining's shares rose by 19.9% in the week ending Friday, signaling strong market interest and boosting shareholder confidence amid ongoing gold price fluctuations.
- Strategic Asset Sale: The company signed a definitive agreement to sell its 80% stake in a Turkish gold mine for $1.5 billion, significantly derisking its operations and allowing a sharper focus on core business in the Americas.
- Share Buyback Approval: SSR Mining received approval from the Toronto Stock Exchange to repurchase about 10% of its outstanding common shares, a move that not only enhances earnings per share but also reflects the company's confidence in its intrinsic value.
- Analyst Rating Upgrade: An analyst from UBS raised the price target on SSR Mining while maintaining a buy rating, which, combined with other positive updates, further propelled the stock price and reinforced investor confidence in gold exposure.
See More
SSR Mining Shares Surge 19.9% Amid Strategic Moves
- Stock Price Surge: SSR Mining's shares rose by 19.9% in the week ending Friday, driven not only by rising gold prices but also by the company's definitive agreement to sell its 80% stake in a Turkish gold mine for $1.5 billion, which derisks operations and boosts investor confidence.
- Share Buyback Plan: The company received approval from the Toronto Stock Exchange to repurchase approximately 10% of its outstanding common shares, a move aimed at enhancing earnings per share and increasing shareholder value, further solidifying market confidence in its stock.
- Analyst Rating Upgrade: An analyst at UBS raised the price target for SSR Mining this week while maintaining a buy rating, indicating a positive outlook for the company's future performance, which may attract more investor interest.
- Market Environment Impact: Despite gold's correlation with the equity market, investors are eager to see gold prices decouple from other asset classes, and SSR Mining's performance offers a solid opportunity for those seeking safe-haven assets, especially amid increasing market volatility.
See More
Construction Stocks Surge, Innovate Leads with 16.6% Gain
- Construction Sector Rally: The construction sector collectively rose by approximately 3.6%, indicating a renewed market confidence likely driven by increased infrastructure investments, which enhances the performance of related companies.
- Innovate's Strong Performance: Innovate's stock surged by about 16.6%, making it the top performer of the day, reflecting investor optimism regarding its future growth potential, possibly linked to recent project successes or new contract signings.
- Primoris Services Gains: Primoris Services saw its stock rise by approximately 6.9%, showcasing the company's robust market performance, likely benefiting from sustained demand in the construction and engineering sectors, which strengthens its profitability and market position.
- Improved Market Sentiment: The strong performance of construction stocks may signal signs of overall economic recovery, with investors holding optimistic views on future infrastructure spending and industry growth, thereby driving the rise of related stocks.
See More
Gulf War Triggers Sharp Sell-off in Gold and Silver
- Investor Shock: The outbreak of the Gulf War has led to a sharp sell-off in gold and silver, which are typically seen as safe-haven assets; this recent decline reflects market panic over the conflict, shaking investor confidence.
- Significant Demand Changes: According to the IMF, investors held 2.8% of their assets in gold in 2025, double the figure from a decade ago, while investment demand for gold increased by nearly 990 tonnes compared to 2024, indicating strong long-term demand despite short-term price volatility.
- Stable Industrial Demand: Industrial demand for silver accounts for 59% of total demand and remained stable in 2025 compared to 2024, with expectations that increased usage in new data centers will further drive silver demand, highlighting its importance in emerging technologies.
- Central Bank Buying Potential: Although central bank demand for gold declined in 2025, this may align with banks reaching their target holdings due to price increases; any significant drop in gold prices could trigger increased buying from central banks, reflecting ongoing concerns over U.S. debt levels and geopolitical tensions.
See More
Gold and Silver Decline Short-Term but Long-Term Outlook Remains Positive
- Safe-Haven Performance Decline: Despite being regarded as safe-haven assets, both gold and silver have seen significant declines following the onset of the Persian Gulf war, reflecting a market reaction to conflict that has undermined investor confidence in these traditional safe assets.
- Investment Demand Growth: According to the World Gold Council, investment demand for gold increased by nearly 990 tonnes in 2025 compared to 2024, while silver saw an increase of 13.5 million ounces, indicating that despite short-term price volatility, long-term demand remains robust, particularly supported by central banks and industrial sectors.
- Rising Central Bank Holdings: The International Monetary Fund reports that the share of gold in global official reserves has risen from 6% during the 2008 financial crisis to nearly 13% by the end of 2024, highlighting growing concerns about counterparty risk associated with U.S. Treasuries, which is driving long-term demand for gold.
- Future Potential Emergence: Although marginal demand from central banks declined in 2025, this may align with banks reaching their target gold holdings, suggesting that any significant price drop could trigger increased central bank buying, especially given the ongoing concerns over U.S. debt levels and geopolitical tensions.
See More
SSR Mining Shares Rise 8% Amid Gold Price Surge
- Stock Price Surge: SSR Mining's shares rose by 8% by noon today, primarily driven by a spike in gold prices, while equity markets also experienced gains, indicating a high correlation between gold mining stocks and the broader market.
- Significant Transaction Agreement: The company recently signed a definitive share purchase agreement to sell an 80% stake in its Turkish mine for $1.5 billion in cash, which not only mitigates geopolitical risks but also shifts investor focus towards its assets in the Americas.
- Market Correlation Analysis: Despite rising gold prices, the influx of speculative money has increased the correlation between gold and equity markets, leading investors to treat gold as a similar investment to other asset classes rather than a safe haven.
- Impact of Buyback Plan: SSR Mining announced a
See More
