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SSR Mining to Redeem $227.5 Million of Convertible Notes Ahead of Maturity

Story Highlights
  • SSR Mining will redeem all $227.5 million of its 2.50% Convertible Senior Notes on March 19, 2026.
  • Noteholders can convert to shares before the deadline as SSR Mining advances active capital management with buybacks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSR Mining to Redeem $227.5 Million of Convertible Notes Ahead of Maturity

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

SSR Mining Inc. has issued a notice of redemption for all $227.5 million outstanding of its 2.50% Convertible Senior Notes due 2039, setting March 19, 2026, as the redemption date. The company will pay holders the full principal, accrued interest, and a make-whole premium representing the present value of remaining interest payments to April 1, 2026.

Noteholders may convert their securities into common shares at an adjusted rate of 56.7931 shares per $1,000 principal until 5:00 p.m. New York time on March 19, 2026, after which interest will cease to accrue. If fully converted, about 13 million shares would be issued, a figure already included in SSR Mining’s fully diluted share count, and the move aligns with the company’s active capital management, including repurchasing roughly 20 million shares since 2021 and launching a new $300 million buyback program in February 2026.

The most recent analyst rating on (TSE:SSRM) stock is a Buy with a C$48.00 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 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 SSRM stock, click here.

More about SSR Mining

SSR Mining Inc. is a precious metals producer listed on the Nasdaq and TSX under the ticker SSRM. The company operates in the mining industry with a focus on gold and other precious metals, serving global markets through exploration, development, and production activities.

Average Trading Volume: 534,455

Technical Sentiment Signal: Buy

Current Market Cap: C$7.86B

For an in-depth examination of SSRM stock, go to TipRanks’ Overview page.

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