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SSR Mining ( (TSE:SSRM) ) has provided an announcement.
On March 3, 2026, SSR Mining Inc. signed a binding memorandum of understanding to sell its 80% stake in the Çöpler mine and related properties in Türkiye to Cengiz Holding A.S. for $1.5 billion in cash, excluding its interest in the Hod Maden development project. The deal, backed by a $100 million deposit, reciprocal $50 million break fee, and limited due diligence conditions, remains subject to Turkish regulatory approvals and is expected to close by the third quarter of 2026.
Announced publicly on March 4, 2026, the transaction follows a two‑year effort by SSR Mining to prepare a safe restart at Çöpler and a broader strategic review of its Turkish operations. Management says the sale should be net asset value and cash‑flow accretive versus consensus expectations for Çöpler, freeing up capital for reinvestment, shareholder returns, and growth initiatives while further pivoting the company’s operating focus toward the Americas.
The most recent analyst rating on (TSE:SSRM) stock is a Buy with a C$49.00 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 TSE:SSRM Stock
According to Spark, TipRanks’ AI Analyst, TSE:SSRM is a Outperform.
The score is driven primarily by solid overall financial health (low leverage) and a strong 2025 profitability recovery, supported by constructive technical trend signals. Positive earnings-call takeaways (strong free cash flow, liquidity, reserve growth, and a sizable buyback) further support the rating, while cash-conversion quality, cost pressures/Çöpler cash drag, and execution risk across multiple operations keep the score from moving higher.
To see Spark’s full report on TSE:SSRM stock, click here.
More about SSR Mining
SSR Mining Inc. is a precious metals producer listed on Nasdaq and the TSX under the ticker SSRM, with a portfolio anchored by gold operations in the United States. Following the 2025 acquisition of the Cripple Creek & Victor mine and the planned divestment of its Turkish Çöpler asset, the company has been strategically repositioning its portfolio toward the Americas and consolidating its status as one of the larger U.S. gold producers.
Average Trading Volume: 483,408
Technical Sentiment Signal: Buy
Current Market Cap: C$8.88B
See more data about SSRM stock on TipRanks’ Stock Analysis page.