Bullish case
$46 to $52
More likely if gold prices remain elevated above $4,000/oz, SSR Mining deploys Copler proceeds into accretive M&A or buybacks, and all operations deliver consistent production at low costs.
SSR Mining Inc. research snapshot
SSRM AI stock analysis currently reads SSR Mining Inc. as a mid-tier gold producer at an inflection point following the $1.49 billion sale of its Copler mine stake. The analysis is not a certain price prediction. At the July 12, 2026 cutoff, the latest verified close used here was $28.01, market capitalization was about $5.85 billion, and the main question is whether the strengthened balance sheet, remaining low-cost operations, and gold price momentum can sustain the recovery from the 2024 lows near $11.70. This is informational research and not investment advice.
Current price
$28.01
Market cap
$5.85 billion
AI score
56 / 100
Rating
Improving balance sheet, commodity price dependency
Trend status
Recovering from 2024 lows, above 200-day moving average
Data cutoff (updated weekly)
July 12, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | SSR Mining operates gold and silver mines in the US, Canada, and Argentina. It is a commodity producer where cost position and operational execution determine results. | Medium-high |
| Moat | Gold mining has limited moat. SSR Mining differentiates through low-cost operations, jurisdiction diversification (Nevada, Saskatchewan, Argentina), and a strong safety record. No pricing power. | Low-medium |
| Management | Management executed the Copler sale at a reasonable price and is now positioned to redeploy capital. Track record on operations is solid, but post-sale capital allocation strategy is untested. | Medium |
| Financial trend | TTM revenue of $1.89 billion and net income of $562.53 million were boosted by the Copler transaction gain. Balance sheet strengthened significantly with over $674 million cash and minimal debt. | Medium-high |
| Valuation | Stock trades at 10.8x TTM PE and 1.75x book value. Forward PE of 7.1x reflects adjusted earnings. Valuation is reasonable for a gold miner but offers no margin of safety if gold prices decline. | Medium |
| Technical trend | SSRM trades above its 200-day moving average ($26.40) but below its 20-day ($29.29) and 50-day ($29.87) averages, suggesting short-term weakness within a longer recovery trend. | Medium-high |
| Risk level | Key risks are gold price volatility, post-Copler operational concentration, mine depletion, cost inflation, jurisdictional risk in Argentina, and execution risk on capital redeployment. | Medium-high |
| AI confidence | Medium-high confidence for financial data, market math, and transaction details. Lower confidence for post-Copler earnings trajectory and gold price direction. | Medium-high data confidence |
| Investment certainty | Low-medium certainty. SSR Mining has a cleaner balance sheet but remains a gold price bet. The quality of the business depends on execution and commodity cycles. | Low-medium |
SSRM AI stock forecast
The SSRM AI stock forecast uses scenario ranges around the $28.01 cutoff price. It does not claim that AI can predict a specific future price. The bullish case requires sustained gold prices near or above $4,000/oz, strong operational execution at Marigold and Seabee, and accretive capital deployment. The base case assumes stable gold prices and steady production. The bearish case assumes gold price weakness or operational setbacks.
$46 to $52
More likely if gold prices remain elevated above $4,000/oz, SSR Mining deploys Copler proceeds into accretive M&A or buybacks, and all operations deliver consistent production at low costs.
$29 to $34
More likely if gold prices stay near current levels, production remains steady at Marigold and Seabee, and the stock re-rates toward a 10-11x forward PE.
$16 to $22
More likely if gold prices decline, cost inflation pressures margins, Copler proceeds are deployed poorly, or operational issues affect production guidance.
SSRM AI technical analysis
SSRM AI technical analysis starts from the $28.01 close used for this July 12 static page. Public technical sources showed the stock above the 200-day moving average but below the 20-day and 50-day averages, with RSI near 47 (neutral) and low ADX (11.95) indicating a non-trending environment. Because this page does not fetch request-time market data, traders should confirm levels on a live chart before acting.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $28.01 | Latest verified close used for this page as of the July 12, 2026 data cutoff. |
| Near resistance | $29.30 to $29.90 | The 20-day and 50-day moving average zone. SSRM needs to reclaim this area to shift short-term momentum. |
| Key resistance | $32.00 to $33.50 | Previous trading range highs from June 2026. A breakout above this area would signal stronger recovery momentum. |
| Near support | $26.40 to $27.00 | The 200-day moving average area at $26.40 provides the first major support zone. |
| Secondary support | $22.00 to $24.00 | The March-April 2026 consolidation range. A break below the 200-day MA would test this zone. |
| 50-day moving average | About $29.87 | Barchart showed SSRM trading below the 50-day MA, indicating short-term bearish pressure. |
| 200-day moving average | About $26.40 | SSRM remains above the 200-day MA, supporting the longer-term recovery trend. |
| Momentum | RSI 47.01, ADX 11.95 | RSI is neutral. ADX below 20 indicates a non-trending market. -DI (30.52) above +DI (24.08) suggests short-term bearish pressure. |
| Volume | About 3.1 million shares | Average volume near 3.1-3.8 million shares. Recent volume spikes during the Copler sale announcement showed institutional activity. |
| Volatility | ATR 14 near $1.72 | ATR at 6% of price indicates moderate volatility. Position sizing should account for daily moves above $1.50. |
| Invalidation | Close below $26.40, then $24.00 | A close below the 200-day MA near $26.40 weakens the recovery thesis. A break below $24.00 would challenge the larger uptrend. |
SSRM AI trading strategy
The SSRM AI trading strategy is a rules-based framework, not personalized advice. It combines balance sheet transformation evidence, technical confirmation, position sizing, and clear invalidation levels.
Look for SSRM to reclaim the 20-day and 50-day moving average zone near $29.30-$29.90 with improving volume. Use the 200-day MA at $26.40 as the trend reference.
A failure to hold the 200-day MA or a daily close below $26.40 should reduce confidence in the recovery trend.
If SSRM pulls back toward the 200-day MA near $26.40-$27.00 after the Copler sale news cycle, evaluate whether the pullback is driven by profit-taking or fundamental concerns.
Do not average down based on the Copler sale alone. Define maximum loss based on portfolio risk, not transaction optimism.
Track Q2 2026 earnings (August 4, 2026), gold price trends, production guidance updates, capital allocation decisions for Copler proceeds, and operating cost reports.
Lower the rating if gold prices trend below $3,500/oz or if management signals poor capital allocation choices.
Investment research summary
SSR Mining finds, extracts, and processes gold and silver from mines in Nevada, Saskatchewan, and Argentina, selling the output at prevailing market prices.
Gold mining has inherently weak moats. SSR Mining competes on cost position, operational safety, and jurisdiction diversification. Low-debt balance sheet post-Copler adds financial flexibility.
The thesis can fail if gold prices drop sharply, post-Copler operations underperform, capital is deployed poorly into value-destructive M&A, or production at Marigold or Seabee is disrupted.
CEO Kevin OBrien and the team navigated the Copler operational suspension and subsequent sale effectively. The next test is capital allocation with the $1.49 billion in proceeds.
Gold mining benefits from elevated gold prices above $4,000/oz, but remains cyclical. Industry trends favor low-cost producers with strong balance sheets.
At roughly 10.8x TTM PE and 7.1x forward PE, SSRM is reasonably valued for a gold miner. Margin of safety is limited because earnings depend on gold prices outside company control.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| SSRM price | $28.01 close as of July 2026 | Yahoo Finance and Barchart quote snapshots | July 12, 2026 |
| Market capitalization | $5.85 billion, verified as $28.01 x ~207.5 million shares | financial_rigor.py market cap verification and Yahoo Finance | July 12, 2026 |
| TTM revenue | $1.89 billion | Yahoo Finance statistics | July 12, 2026 |
| TTM net income | $562.53 million (includes Copler transaction gain) | Yahoo Finance statistics | July 12, 2026 |
| EPS (TTM) | $2.61 per share | Yahoo Finance | July 12, 2026 |
| PE ratio (TTM) | 10.80x, forward PE 7.13x | Yahoo Finance and financial_rigor.py verification | July 12, 2026 |
| Cash and short-term investments | $674.36 million (post-Copler sale) | Yahoo Finance balance sheet statistics | July 12, 2026 |
| Total debt | Debt/equity ratio of 1.54%, minimal debt | Yahoo Finance statistics | July 12, 2026 |
| Copler mine sale proceeds | $1.49 billion to Cengiz Holding, completed July 2026 | Business Wire press release | July 12, 2026 |
| Moving averages and momentum | 20-day MA $29.29, 50-day MA $29.87, 200-day MA $26.40, RSI 47.01, ADX 11.95 | Barchart technical analysis snapshots | July 12, 2026 |
| Valuation math | 10.80x TTM PE, 1.75x PB, 16.20% ROE from financial_rigor.py verification | financial_rigor.py valuation verification | July 12, 2026 |
| Gold price context | Gold trading near $4,100/oz, elevated by historical standards | Yahoo Finance commodities data | July 12, 2026 |
This SSRM AI stock analysis is an informational tool for research and education only. It is not investment advice, a recommendation, or a guarantee of future performance. Forecast ranges are scenarios based on available data as of July 12, 2026 and can be wrong. Gold mining stocks carry additional commodity price and operational risks.
Design trading strategies visually with 10+ indicators. Set entry/exit conditions and risk management, then generate Pine Script code with no coding required.
Filter and discover stocks based on market cap, dividend yield, P/E ratio, sector, and more. Screen thousands of stocks with real-time data.
Smart AI-driven stock selection with fundamental screening, analyst estimates, and key metrics. Filter by P/E, market cap, dividends, and more.