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SSR Mining Inc. (SSRM) Bolsters Balance Sheet with $1.5B From Copler Mine Divestment [Yahoo! Finance]

SSR Mining Inc. (SSRM)  More Company Research Source: Yahoo! Finance
Last ssr mining inc. earnings: 2/20 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ssrmining.com/investors/default.aspx
On March 5, BMO Capital analysts upgraded SSR Mining Inc. (NASDAQ:SSRM) to an Outperform from Market Perform and raised the price target to C$41 from C$27. SSR Mining Inc. (SSRM) Bolsters Balance Sheet with $1.5B From Copler Mine Divestment The upgrade is in response to the company's announcement of the sale of its Copler mine in Turkey for $1.5 billion in cash. Following the sale, SSR Mining is to conduct a review of its remaining platform in Turkey, which includes a 20% interest in the Hod Maden development. The company secured a significant sale price that is three times more than the $472 million in net asset value of the mine. In addition, the sale removes a layer of uncertainty around the potential restart of activities at the Copler mine, which had put an overhang on the stock. The company was forced to suspend operations at the mine in 2024 after a landslide resulted in nine miners missing. BMO Capital insists the $1.5 billion is poised to strengthen SSR Mining Inc.'s [Read more]
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Stockreport

SSR Mining Inc. (SSRM) Bolsters Balance Sheet with $1.5B From Copler Mine Divestment [Yahoo! Finance]

SSR Mining Inc.  (SSRM) 
More Company Research Source: Yahoo! Finance
Last ssr mining inc. earnings: 2/20 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ssrmining.com/investors/default.aspx
On March 5, BMO Capital analysts upgraded SSR Mining Inc. (NASDAQ:SSRM) to an Outperform from Market Perform and raised the price target to C$41 from C$27. SSR Mining Inc. (SSRM) Bolsters Balance Sheet with $1.5B From Copler Mine Divestment The upgrade is in response to the company's announcement of the sale of its Copler mine in Turkey for $1.5 billion in cash. Following the sale, SSR Mining is to conduct a review of its remaining platform in Turkey, which includes a 20% interest in the Hod Maden development. The company secured a significant sale price that is three times more than the $472 million in net asset value of the mine. In addition, the sale removes a layer of uncertainty around the potential restart of activities at the Copler mine, which had put an overhang on the stock. The company was forced to suspend operations at the mine in 2024 after a landslide resulted in nine miners missing. BMO Capital insists the $1.5 billion is poised to strengthen SSR Mining Inc.'s [Read more]
IMPACT SNAPSHOT
EVENT TIME:
SSRM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS