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SSR Mining exits Hod Maden, strengthens Americas focus

Story Highlights
  • SSR Mining is selling its 20% Hod Maden stake and operatorship to Lidya Mines for an uncapped 4.0% net smelter return royalty, eliminating future funding obligations on the Turkish project.
  • The Hod Maden divestment, alongside the Çöpler sale and Cripple Creek & Victor acquisition, completes SSR Mining’s strategic shift to an Americas-focused portfolio and bolsters its royalty income base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSR Mining exits Hod Maden, strengthens Americas focus

Meet Samuel – Your Personal Investing Prophet

An update from SSR Mining ( (TSE:SSRM) ) is now available.

On May 18, 2026, SSR Mining announced a definitive agreement to sell its 20% ownership stake and operatorship in the Hod Maden development project to Lidya Mines in exchange for an uncapped 4.0% net smelter return royalty on 100% of the project. The deal shifts Hod Maden operatorship to Lidya Mines, leaves SSR Mining with no further funding obligations on a project where it has invested about $243 million, and is expected to close in the third quarter of 2026 subject to Turkish regulatory and other customary approvals.

The transaction follows Royal Gold’s parallel sale of part of its Hod Maden stake for a separate royalty interest and adds a significant new royalty to SSR Mining’s existing portfolio of net smelter return royalties on several development-stage projects. Together with the previously announced sale of the Çöpler mine in Türkiye and the acquisition of the Cripple Creek & Victor Mine in Colorado, the divestment of Hod Maden completes SSR Mining’s strategic refocus on an Americas-centered platform and reinforces its positioning as a free cash flow and capital-returns focused producer.

The most recent analyst rating on (TSE:SSRM) stock is a Hold with a C$45.00 price target. To see the full list of analyst forecasts on SSR Mining stock, see the TSE:SSRM Stock Forecast page.

Spark’s Take on SSRM Stock

According to Spark, TipRanks’ AI Analyst, SSRM is a Outperform.

The score is driven primarily by strengthened financial performance (profitability rebound, strong free cash flow, and a very low-leverage balance sheet) and a positive earnings call focused on liquidity and the expected Çöpler sale. Technicals also support the view with an upward trend and moderate momentum. These positives are tempered by weaker valuation signals (negative P/E and no dividend yield provided) and near-term operational cost pressures (elevated AISC and ongoing care-and-maintenance/contingent costs).

To see Spark’s full report on SSRM stock, click here.

More about SSR Mining

SSR Mining Inc. is a gold and silver producer listed on the Nasdaq and Toronto Stock Exchange under the ticker SSRM, with operations and development projects focused on North and South America. The company’s portfolio includes long-lived assets such as the Marigold and Cripple Creek & Victor mines in the U.S., complemented by a growing suite of royalty interests on projects across the Americas.

YTD Price Performance: 43.60%

Average Trading Volume: 524,741

Technical Sentiment Signal: Buy

Current Market Cap: C$8.96B

For detailed information about SSRM stock, go to TipRanks’ Stock Analysis page.

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