Mining Equities 2026 Outlook: Copper Bulls Mixed demand outlook – focus on supply constraints & stock catalysts In 2025, most mining equities delivered healthy returns and outperformed equity benchmarks; but unlike previous broad-based upcycles (post GFC/ Covid), in our view sector performance was predominantly driven by gold and copper; these commodities supported a rally in silver/ PGM/aluminium prices while ferrous metals and energy were flat/down. In 2026, we expect copper, aluminium and lithium to outp ...

Group 1 - The article promotes a subscription service called Beyond the Wall Investing, which offers high-quality analysis of Wall Street buying and selling ideas [1] - Daniel Sereda is highlighted as the chief investment analyst at a family office, emphasizing his expertise in navigating vast amounts of information to extract critical investment ideas [1] - The investing group provides access to information prioritized by institutional market participants, indicating a focus on professional-grade analysis [1] Group 2 - There is a mention of a potential beneficial long position in SSRM, suggesting an interest in initiating investments based on the analysis provided [2] - The article clarifies that the author has no current stock or derivative positions in the companies mentioned, ensuring transparency in the analysis [2] - Seeking Alpha's disclosure emphasizes that past performance does not guarantee future results, highlighting the importance of independent analysis [3]

Shares of SSR Mining (SSRM) have gained 10.1% over the past four weeks to close the last trading session at $21.44, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $27.23 indicates a potential upside of 27%.The mean estimate comprises 10 short-term price targets with a standard deviation of $4.63. While the lowest estimate of $18.70 indicates a 12.8% decline from the current pri ...

We came across a bullish thesis on SSR Mining Inc. on Value investing subreddit by Impossible-Road-558. In this article, we will summarize the bulls’ thesis on SSRM. SSR Mining Inc.'s share was trading at $23.28 as of November 28th. SSRM’s trailing and forward P/E were 22.60 and 7.19 respectively according to Yahoo Finance. Best Mining Penny Stocks to Buy Now Pixabay/Public Domain SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of precious metal ...

Core Viewpoint - SSR Mining (SSRM) has shown significant stock performance, increasing approximately 80% since June and over 400% since a major incident in 2024, indicating strong investor confidence and potential growth in the mining sector [1] Group 1: Company Overview - SSR Mining has been a focus of analysis, with a strong emphasis on its performance in the metals and mining sector [1] - The analyst has over 10 years of experience researching various companies across multiple industries, including commodities and technology, which enhances the credibility of the insights provided [1] Group 2: Investment Focus - The analyst has transitioned from writing a blog to a value investing-focused YouTube channel, indicating a shift in strategy to reach a broader audience [1] - A preference for covering metals and mining stocks is noted, alongside comfort in analyzing other sectors such as consumer discretionary, REITs, and utilities [1]

Core Viewpoint - SSR Mining (SSRM) has shown significant stock performance, increasing approximately 80% since June and over 400% since a major incident in 2024, indicating strong investor confidence and potential growth in the mining sector [1]. Group 1: Company Performance - SSR Mining's stock has appreciated significantly, with an increase of around 80% since the last coverage in June and over 400% since a major accident in 2024, suggesting robust recovery and growth potential [1]. Group 2: Analyst Background - The analyst has over 10 years of experience researching various companies across multiple sectors, including commodities like oil, natural gas, gold, and copper, as well as technology and emerging market stocks, which enhances the credibility of the analysis [1]. - The analyst has transitioned from writing a personal blog to a value investing-focused YouTube channel, where extensive research on hundreds of companies has been conducted, particularly favoring metals and mining stocks [1].

Core Insights - AngloGold Ashanti PLC (AU) and SSR Mining Inc. (SSRM) are benefiting from rising gold prices, which are currently above $4,153 per ounce, driven by safe-haven demand and geopolitical risks [1][2][11] AngloGold Ashanti Overview - AngloGold Ashanti has a diversified portfolio with operations in multiple countries, including recent acquisitions of Augusta Gold Corp and Centamin, enhancing its asset base [4][5] - The company reported a 17% year-over-year increase in gold production to 768,000 ounces in Q3 2025, with gold revenues surging 61.9% to $2.37 billion [6] - Projected gold production for 2025 is between 2.9-3.225 million ounces, indicating a year-over-year growth of 9-21% [7] - Despite facing higher operating costs, AU generated a record $920 million in free cash flow in Q3 2025, a 141% increase year-over-year [9] - The company is focused on its Full Asset Potential program to mitigate inflationary impacts and streamline operations [10] SSR Mining Overview - SSR Mining operates in the United States, Turkey, Canada, and Argentina, with the recent acquisition of the Cripple Creek & Victor mine, positioning it as the third-largest gold producer in the U.S. [13] - Total gold production for SSR Mining is expected to be in the lower half of 410,000-480,000 gold equivalent ounces for 2025 [15] - Operations at the Çöpler mine in Turkey are currently suspended, with reclamation costs expected to range from $250-$300 million for 2025 [16] - As of September 30, 2025, SSR Mining had a cash balance of $409 million and available liquidity of $909.3 million [17] Earnings Estimates - The Zacks Consensus Estimate for AngloGold Ashanti's 2025 earnings is $5.71 per share, reflecting a year-over-year growth of 158.4% [18] - SSR Mining's earnings estimate for 2025 is $1.84 per share, indicating a year-over-year jump of 557% [18] Stock Performance and Valuation - Over the past six months, AU stock has gained 105.5%, while SSRM has increased by 92.8% [20] - AU is trading at a forward 12-month earnings multiple of 13.88X, while SSRM is at 6.84X [21] Investment Outlook - Both companies are well-positioned to capitalize on the ongoing rally in gold prices, with AU showing stronger price performance and robust project pipeline [23][24]

Group 1: Company Overview - SSR Mining Inc. (NASDAQ:SSRM) is recognized as one of the best silver mining stocks to invest in currently [1] - The company is a diversified precious metals producer, with its Puna mine in Argentina being one of the largest primary silver mines globally [4] Group 2: Financial Performance - SSR Mining reported Q3 2025 earnings on November 4, with revenue of $385.8 million, marking a 50% increase from Q3 2024 [3] - The revenue growth was attributed to the acquisition of the Cripple Creek & Victor (CC&V) mine in February 2025, which contributed $98.2 million in sales, along with higher realized metal prices across its diversified portfolio [3] Group 3: Market Conditions - Bank of America Securities (BofA) lowered the price target for SSR Mining to $18 from $18.70 while maintaining an Underperform rating, reflecting the tough conditions in the mining sector due to slower demand for commodities in China [2] - The overall mining sector is experiencing pressure on prices and operations, although there is potential for stronger buying in the US and Europe as those economies improve [2]

Group 1 - The article suggests that gold may be poised for a significant year-end rally, indicating a bullish sentiment in the market [1] - A bullish symmetrical triangle continuation pattern is identified in the gold market, with a target price of approximately $4610 based on the depth of the consolidation [1] Group 2 - The author emphasizes the importance of using empirical data and charts to communicate financial narratives effectively [1] - The content is aimed at making financial information relevant and accessible to everyday investors [1]

Group 1 - The article suggests that gold may be poised for a significant year-end rally, indicating a bullish sentiment in the market [1] - A bullish symmetrical triangle continuation pattern is identified in the gold market, with a target price of approximately $4610 based on the depth of the consolidation [1] Group 2 - The author emphasizes the importance of using empirical data and charts to communicate financial narratives effectively [1] - The content is aimed at making financial information relevant and accessible to everyday investors [1]