UBS analyst George Eadie has maintained a Buy rating on SSR Mining (NASDAQ: SSRM) while lowering the price target to $39 from the previous $40. The adjustment reflects a revised valuation outlook for the mining company's stock.

Rating and Price Target

The decision to retain the Buy rating suggests continued confidence in SSR Mining's operational strength and market position despite the reduced price target. The new target of $39 represents a slight decrease from the prior estimate of $40.

Analyst Perspective

George Eadie's coverage indicates that SSR Mining retains its appeal to investors, though the price target adjustment accounts for updated assessments of the company's fundamentals and sector dynamics.

SSR Mining Inc. has closed the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding A.S. and affiliates. The company received approximately $1.49 billion in cash consideration for the sale, after giving effect to various working capital adjustments. This transaction marks a significant divestment for the gold and silver mining company.

The Çöpler mine sale includes the transfer of the asset and associated properties. SSR Mining expressed gratitude to its employees and local communities across Türkiye for their cooperation and support throughout the process.

Transaction Details

About SSR Mining Inc.

SSR Mining Inc. is a free-cash-flow-focused gold and silver mining company and the third-largest gold producer in the United States. The company holds a diversified portfolio of operating, development, and exploration assets across the Americas, including four operating mines in the USA, Canada, and Argentina. In 2026, SSR Mining is expected to produce between 450,000 and 535,000 Gold Equivalent Ounces. Headquartered in Denver, Colorado, the company is listed on the Nasdaq Stock Market and the Toronto Stock Exchange under the ticker symbol SSRM.