SSR Mining (SSRM) Stock News
$SSRM · NASDAQ · BASIC MATERIALS · 4 stories in 30 daysBORSA has published 4 stories on SSR Mining (SSRM) in the past 30 days. BORSA’s news read on SSRM is bullish at 64/100, −1 over 24 hours, based on 3 company events over the past 7 days. SSRM last closed at $35.44 on Oct 12, up 4.51% over five sessions and down 2.21% over the past month. SSR Mining’s next earnings report is scheduled for Tuesday, Nov 3 after the close.
The wire on $SSRM
newest first · updated · direct subject stories onlySSR Mining agreed to acquire Roxmore Resources for about C$712 million (US$498.5 million) in cash and shares of a new exploration company. The deal adds the Converse gold project in Nevada, adjacent to SSR's Marigold mine, with 2.2 million ounces of indicated and 3.0 million ounces of inferred gold resources. SSR expects Converse to contribute 150,000–170,000 ounces of annual gold production starting in 2033, with life-of-mine synergies exceeding $200 million. Initial capital is estimated at $800–$900 million, with no material spend until the early 2030s. The transaction is funded from existing cash and is expected to be accretive to per-share metrics. Roxmore's board unanimously approved the deal, and shareholders representing about 27% of shares have committed to vote in favor.
bullish 75 · impact 60
