SSR Mining price target raised to C$58 from C$46 at Canaccord

Canaccord raised the firm’s price target on SSR Mining (SSRM) to C$58 from C$46 and keeps a Buy rating on the shares. The firm raised its target following the company’s announcement to sell its 80% interest in the Copler mine in Turkiye for $1.5 billion in cash to Cengiz Holding A.S., one of the country’s largest industrial companies. The company also plans to undertake a strategic review of its interest in Hod Maden, also in Turkiye.