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SSR Mining upgraded to Outperform from Sector Perform at Scotiabank

Scotiabank analyst Ovais Habib upgraded SSR Mining (SSRM) to Outperform from Sector Perform with a price target of C$39, up from C$19. Precious metal prices continue to rally driven by global trade and geopolitical uncertainty, the analyst tells investors in a research note. The firm cites SSR’s improving production profile at Marigold and the potential restart of operations at Copler for the upgrade.

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