SSR Mining jumps as it agrees to sell its 80% Çöpler mine stake for $1.5B in cash

SSR Mining Inc. (SSRM) is up 15.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The shares appear to be rallying after the company announced a binding deal framework to sell its 80% ownership stake in the Çöpler mine in Türkiye for $1.5 billion in cash. Investors may be viewing the transaction as a major de-risking event that converts a complex, non-operating asset into immediate liquidity and potentially increases flexibility for capital returns.

Details:

SSR Mining announced a binding memorandum of understanding to sell its 80% interest in the Çöpler mine and related assets in Türkiye to Cengiz Holding A.S. for $1.5 billion in cash.

The transaction was supported by a fairness opinion for SSR Mining’s board (as of March 3, 2026) on the financial fairness of the consideration.

The agreement structure includes reciprocal termination provisions with a break fee, underscoring that definitive documentation and closing steps remain.

Separately, the company has recently highlighted balance-sheet actions and shareholder-return capacity, including a board-authorized share repurchase program (previously announced).

Sources:

SSR Mining Investor Relations, U.S. Securities and Exchange Commission, StreetInsider

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SSRM Hedge Fund Activity

We have seen 181 institutional investors add shares of $SSRM stock to their portfolio, and 168 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CONDIRE MANAGEMENT, LP removed 3,353,891 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $73,517,290
VAN ECK ASSOCIATES CORP removed 3,177,957 shares (-16.8%) from their portfolio in Q4 2025, for an estimated $69,660,817
NORGES BANK added 2,708,336 shares (+inf%) to their portfolio in Q4 2025, for an estimated $59,366,725
D. E. SHAW & CO., INC. removed 1,002,155 shares (-25.4%) from their portfolio in Q4 2025, for an estimated $21,967,237
QUBE RESEARCH & TECHNOLOGIES LTD added 984,272 shares (+inf%) to their portfolio in Q4 2025, for an estimated $21,575,242
MAN GROUP PLC added 846,088 shares (+inf%) to their portfolio in Q4 2025, for an estimated $18,546,248
POINT72 ASSET MANAGEMENT, L.P. added 839,968 shares (+155.0%) to their portfolio in Q4 2025, for an estimated $18,412,098

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SSRM Analyst Ratings

Wall Street analysts have issued reports on $SSRM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 11/25/2025
Scotiabank issued a "Sector Outperform" rating on 10/23/2025

To track analyst ratings and price targets for $SSRM, check out Quiver Quantitative's $SSRM forecast page.

$SSRM Price Targets

Multiple analysts have issued price targets for $SSRM recently. We have seen 5 analysts offer price targets for $SSRM in the last 6 months, with a median target of $29.0.

Here are some recent targets:

George Eadie from UBS set a target price of $37.0 on 02/18/2026
Ovais Habib from Scotiabank set a target price of $45.0 on 01/26/2026
Cosmos Chiu from CIBC set a target price of $29.0 on 11/12/2025
Michael Jalonen from B of A Securities set a target price of $18.0 on 10/16/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.