Virtus Advisers Acquires 216,217 Shares of SSR Mining Valued at Nearly $6.91 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2025
0mins
Should l Buy SSRM?
Source: Fool
- New Investment Position: Virtus Advisers, LLC disclosed a new position in SSR Mining, acquiring 216,217 shares valued at nearly $6.91 million as of September 30, 2025, indicating strong confidence in the company's growth potential.
- Increased Holdings: This acquisition positions SSR Mining as a significant holding in Virtus Advisers' portfolio, representing 5.3% of their assets under management, reflecting its strategic importance in the precious metals market.
- Outstanding Stock Performance: As of November 13, 2025, SSR Mining shares were priced at $21.19, up 294.6% year-over-year, showcasing the company's robust performance amid soaring gold prices.
- Optimistic Market Outlook: SSR Mining achieved nearly 215% stock price growth in 2025, driven by gold prices rising over 70%, suggesting that further increases in gold prices could lead to additional stock price gains for the company.
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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: 26.210
Low
18.70
Averages
25.07
High
29.00
Current: 26.210
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.
- 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.
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- 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.
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- 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
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- Gold Price Surge: Following President Trump's extension of the pause on U.S. attacks on Iran's energy facilities to April 6, gold prices rebounded from $4,100 to over $4,500 per ounce, marking a nearly 10% increase in just days, which directly boosted gold stocks, with SSR Mining's shares surging 17.5% by Friday morning.
- Major Asset Sale: On March 25, SSR Mining signed a definitive agreement to sell its 80% stake in the Copler gold mine in Turkey to Cengiz Holding for $1.5 billion in cash, with the transaction expected to close in Q3 2026, allowing the company to offload significant reclamation costs and geopolitical risks.
- Share Buyback Program: SSR Mining announced plans to repurchase up to 10% of its public float over the next year, a substantial buyback initiative that is expected to further drive up the stock price, as management believes the current price does not reflect the company's underlying value and future growth prospects.
- Improved Financial Position: The $1.5 billion cash infusion from the Copler sale will enhance SSR Mining's liquidity and reduce debt levels, with management planning to utilize these funds for share buybacks, demonstrating confidence in the company's long-term growth potential despite a nearly 24% decline in March.
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- Analyst Upgrade: UBS analyst George Eadie raised SSR Mining's price target to $42, recommending investors buy at the current price around $27, forecasting over 56% profit for new investors within a year, indicating a strong buy signal.
- Gold Price Fluctuations: Although gold prices rose 3.4% today, they have fallen 13% since the onset of the Iran war, dropping from $5,248 to $4,564.60 per ounce, while SSR Mining's stock has declined 17% in the same period, reflecting market concerns about gold.
- Optimistic Long-Term Outlook: Wells Fargo predicts gold prices could rebound to between $6,100 and $6,300 per ounce by year-end, suggesting that the current depressed gold stock prices present a
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- Asset Sale Agreement: SSR Mining signed a definitive agreement to sell its 80% stake in the Copler gold mine to Turkey's Cengiz Holding for $1.5 billion in cash, with the deal expected to close in Q3 2026, aimed at alleviating geopolitical risks and refocusing on its core Americas operations.
- Cash Infusion: This transaction will inject $1.5 billion into SSR Mining, with management planning to reinvest these funds into business growth, thereby enhancing the company's financial flexibility and competitive position in the market.
- Share Buyback Program: SSR Mining announced a plan to repurchase up to 10% of its public float over the next year, reflecting management's confidence in the company's intrinsic value and potentially increasing earnings per share by reducing the number of shares outstanding.
- Stock Price Recovery: Following a nearly 10% surge in gold prices due to geopolitical factors, SSR Mining's stock rose 17.5% over the week, indicating market optimism about its future growth potential, despite a prior decline of nearly 24% in stock value.
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