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SSR Mining ( (TSE:SSRM) ) has shared an announcement.
SSR Mining Inc. has announced a 12-year life of mine plan for the Cripple Creek & Victor Gold Mine (CC&V) in Colorado, with a net present value (NPV) of $824 million at current gold prices. The plan highlights potential for further mineral reserve conversion, with an average annual production of 141,000 ounces of gold from 2026 to 2028. The acquisition of CC&V has already proven financially beneficial, with the initial $100 million acquisition cost recovered through mine-site after-tax free cash flow. The report suggests a strong opportunity for future growth, with nearly five million ounces of Measured & Indicated Mineral Resources and two million ounces of Inferred Mineral Resources.
The most recent analyst rating on (TSE:SSRM) stock is a Hold with a C$28.50 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 Neutral.
SSR Mining’s overall stock score reflects strong financial performance and liquidity, offset by technical indicators suggesting bearish momentum and valuation concerns. High production costs and lower production guidance further weigh on the score.
To see Spark’s full report on TSE:SSRM stock, click here.
More about SSR Mining
SSR Mining Inc. operates in the mining industry, focusing primarily on gold production. The company is recognized as the third largest gold producer in the United States, with significant operations that ensure mine lives exceeding 10 years.
Average Trading Volume: 493,594
Technical Sentiment Signal: Buy
Current Market Cap: C$5.68B
See more data about SSRM stock on TipRanks’ Stock Analysis page.