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Stock impact report

SSR Mining (SSRM) Climbs 15% as Firm Raises $1.5B, Shifts Business Focus [Yahoo! Finance]

SSR Mining Inc. (SSRM) 
Last ssr mining inc. earnings: 2/20 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ssrmining.com/investors/default.aspx
Company Research Source: Yahoo! Finance
SSR Mining Inc. (NASDAQ:SSRM) is one of the 10 Stocks Dominating Today's Market Action. SSR Mining snapped a two-day losing streak on Wednesday, surging 14.97 percent to finish at $33.26 apiece after raising $1.5 billion in fresh funds from the sale of the majority of its stake in the Copler mine in what appears to be a business exit from Turkiye and a shift of focus on American operations. In a statement, SSR Mining Inc. (NASDAQ:SSRM) said that it entered into a binding memorandum of understanding with Turkiye-based Cengiz Holding AS for the sale of its 80 percent ownership in the mine site, proceeds of which will be used for continued reinvestment in the business, capital returns, and accretive growth initiatives. SSR Mining SSR Mining's gold operations at Seabee mine site. Photo from SSR Mining website The transaction does not include SSR Mining Inc.'s (NASDAQ:SSRM) interest in the Hod Maden development, although the company is also reviewing the next steps for its 20 pe Show less Read more
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