Key Takeaways AU posted 22% YoY gold output growth, aided by Sukari's first full-quarter contribution of 117,000 ounces. AU projects 2025 gold output of 2.9-3.225M ounces with AISC midpoint rising just 2% year over year. SSRM's Copler mine remains suspended, hurting costs and weighing on investor sentiment.SSR Mining (SSRM) and AngloGold Ashanti PLC (AU) are two established names in the global gold mining industry, each with a diversified portfolio of assets across multiple regions. Gold prices have gaine ...

Core Insights - SSR Mining Inc. (SSRM) reported a 2% year-over-year increase in gold equivalent production for Q1 2025, totaling 103,805 ounces, driven by contributions from the newly acquired Cripple Creek & Victor (CC&V) mine [1][10] - The CC&V mine contributed 11,282 ounces of gold in its first month of integration, with 2025 production guidance set between 90,000 and 110,000 ounces [2] - SSRM's overall production guidance for 2025 is projected between 320,000 and 380,000 ounces of gold, with total gold equivalent production forecast at 410,000-480,000 ounces, reflecting a 10% increase over 2024 levels [6] Production Highlights - At the Marigold mine, gold production increased by 11% year-over-year to 38,586 ounces, with full-year guidance set at 160,000-190,000 ounces [3] - Seabee produced 26,001 ounces of gold in Q1, up 9% year-over-year, with full-year guidance maintained at 70,000-80,000 ounces despite a temporary suspension due to power disruptions [4] - The Puna mine produced 2.5 million ounces of silver, marking a 31% increase year-over-year, with 2025 production guidance set at 8.00-8.75 million ounces [5] Market Performance - SSRM shares have gained 77.9% year-to-date, significantly outperforming the industry growth of 12.2% and the Basic Materials sector's rise of 11.9% [9] - SSR Mining is currently trading at a forward 12-month price-to-earnings multiple of 7.46X, compared to the industry average of 14.27X [11] Earnings Estimates - The consensus estimate for 2025 earnings is $1.22 per share, indicating a year-over-year surge of 335.7%, with an estimate for 2026 of $2.02, reflecting a 66% increase [12] - The Zacks Consensus Estimate for SSR Mining's earnings for 2025 has increased by 48.8% over the past 60 days [12]

Key Takeaways SSRM scaled a 52-week high, driven by Seabee mine restart and strong gold and silver prices. CC&V mine acquisition boosts SSRM's U.S. presence and adds 170,000 ounces to annual gold output. SSRM's 2025 EPS estimate jumped 52.4% in 60 days, with 2026 also rising 16% on a stronger outlook.SSR Mining Inc. (SSRM) stock hit a 52-week high of $13.48 yesterday before closing the session a tad lower at $13.45.The stock’s gain has been fueled by the news of the restart of its Seabee mine operations, ...

Core Insights - SSR Mining Inc. (SSRM) has become the third-largest gold producer in the U.S. following the acquisition of the Cripple Creek & Victor Gold Mine (CC&V) from Newmont Corporation (NEM) [1][5] - The CC&V mine is projected to contribute approximately 170,000 ounces of gold annually, with an expected output of 90,000-110,000 ounces for the period from March 1 to December 31, 2025 [2] - SSRM's total gold production for 2025 is anticipated to be between 320,000-380,000 ounces, including contributions from Seabee, Marigold, and CC&V [2] Company Expansion and Financial Metrics - The CC&V mine, located in Colorado, has over 1.3 million ounces of proven gold reserves and has produced more than 2.5 million ounces since Newmont's acquisition in 2015 [3] - The acquisition is expected to enhance SSRM's key per-share metrics, including NAV, gold production, mineral reserves, and free cash flow, thereby improving its investment profile [4] - SSRM now ranks behind Newmont and Barrick Mining Corporation in U.S. gold production, with Newmont projected to produce approximately 5.9 million ounces in 2025 and Barrick expecting 3.15-3.5 million ounces [5][6] Stock Performance and Valuation - Year-to-date, SSRM shares have increased by 82.4%, significantly outperforming the industry growth of 12.3% and the Basic Materials sector's rise of 11.5% [7] - SSRM is currently trading at a forward 12-month price-to-earnings multiple of 7.76X, compared to the industry average of 14.20X [9] - The consensus estimate for SSRM's earnings in 2025 is $1.25 per share, reflecting a year-over-year increase of 346%, with an estimate of $2.02 for 2026 indicating a 62% rise [10]

Core Insights - SSR Mining Inc. (SSRM) reached a new 52-week high of $13.46, closing at $12.74, driven by the restart of Seabee mine operations and high gold and silver prices [1][11] - SSRM has a market capitalization of $2.6 billion and holds a Zacks Rank 2 (Buy) [1] Seabee Mine Operations - Operations at the Seabee mine resumed on June 13, 2025, after a two-week suspension due to power outages caused by nearby forest fires [2] - The mine produced 26,001 ounces of gold in Q1 2025, reflecting a 9.4% year-over-year increase [2] Production Projections - SSRM expects the Seabee mine to produce between 70,000 and 80,000 ounces of gold in 2025, with a cost of sales projected at $1,230-$1,270 per payable ounce and an all-in sustaining cost (AISC) of $1,710-$1,750 per payable ounce [3] Acquisition of CC&V Mine - On March 3, 2025, SSRM completed the acquisition of the Cripple Creek & Victor (CC&V) mine from Newmont Corporation, positioning SSRM as the third-largest gold producer in the U.S. [4][11] - CC&V has reported gold Mineral Reserves of 2.4 million ounces, with an 85% year-over-year increase from 2023 [5] Production Increase from CC&V - The addition of the CC&V mine is expected to boost SSRM's annual gold production by 170,000 ounces [6] Development and Exploration Efforts - In Q1 2025, SSRM invested $12.2 million in the Hod Maden project, focusing on engineering and early-stage site development [7] - The company is advancing exploration and development initiatives across its asset portfolio to identify high-return, low-capital opportunities [7] Metal Price Trends - Silver prices reached a 13-year high above $36 per ounce, driven by investor demand for safe assets amid global uncertainty [8] - Gold prices have been influenced by geopolitical tensions, a depreciating U.S. dollar, potential monetary policy easing, and central bank purchases, with gold breaking through the $3,500-per-ounce threshold in April 2025 [9] Stock Performance - SSRM shares have surged 177% over the past year, contrasting with a 1.3% decline in the industry [12]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Core Insights - SSR Mining Inc. has temporarily suspended operations at the Seabee mine in Canada due to power outages caused by nearby forest fires [1][8] - The Seabee mine produced 26,001 ounces of gold in Q1 2025, reflecting a year-over-year increase of 9.4% [2][8] - Despite the operational halt, SSR Mining's shares rose by 3% and reached a 52-week high of $13.33, driven by high gold and silver prices [4][8] Production and Financial Outlook - SSR Mining expects the Seabee mine to produce between 70,000 to 80,000 ounces of gold for the full year of 2025 [3] - The cost of sales for the mine is projected to be between $1,230 and $1,270 per payable ounce, with an all-in sustaining cost (AISC) anticipated to be between $1,710 and $1,750 per payable ounce for 2025 [3] Market Performance - Silver prices have reached a 13-year high above $36 per ounce, while gold prices have also seen significant increases, currently around $3,320 per ounce [5] - SSR Mining's share price has surged by 147.9% over the past year, contrasting with a 2.2% decline in the industry [7] Strategic Moves - The recent acquisition of the Cripple Creek & Victor mine from Newmont Corporation positions SSR Mining as the third-largest gold producer in the United States, expected to boost annual production by 170,000 ounces of gold [6]

Core Viewpoint - SSR Mining (SSRM) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often adjust their valuations based on earnings estimates, leading to significant stock price movements when they buy or sell large amounts of shares [3]. Company Performance Indicators - SSR Mining is projected to earn $1.09 per share for the fiscal year ending December 2025, reflecting a year-over-year increase of 289.3% [7]. - Over the past three months, the Zacks Consensus Estimate for SSR Mining has risen by 10.7%, indicating a positive trend in earnings estimates [7]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, highlighting SSR Mining's strong position in terms of earnings estimate revisions [8][9].

Core Insights - SSR Mining Inc. (SSRM) reached a new 52-week high of $11.89 before closing at $11.74, with a market capitalization of $2.38 billion and a Zacks Rank 2 (Buy) [1] - SSR Mining's stock has increased by 68.6% year-to-date, significantly outperforming the industry growth of 8.6% and the Basic Materials Sector's growth of 6.8% [1] Acquisition and Production - SSR Mining completed the acquisition of the Cripple Creek & Victor (CC&V) mine from Newmont Corporation, positioning itself as the third-largest gold producer in the U.S. [4] - The CC&V mine has reported gold Mineral Reserves of 2.4 million ounces, with an 85% year-over-year increase from 2023 [5] - The addition of CC&V is expected to boost SSR Mining's annual gold production by 170,000 ounces [6] Production Guidance - SSR Mining anticipates a more than 10% year-over-year increase in gold equivalent ounces (GEO) production for 2025, with expected production ranging from 410,000 to 480,000 ounces [6][7] - The Marigold mine is projected to produce 160,000-190,000 ounces, while the Seabee mine is expected to yield 70,000-80,000 ounces [7] - The expected gold production from the CC&V mine for 2025 is estimated at 90,000-110,000 ounces [8] Financial Performance - In Q1 2025, SSR Mining reported adjusted earnings per share of 29 cents, exceeding the Zacks Consensus Estimate by 262.50% and marking a 164% improvement from the previous year [9] - Total revenues for Q1 2025 increased by 38% year-over-year to $317 million [9] - The average realized gold price rose by 42% to $2,935 per ounce, while the average realized silver price increased by 46% to $23.23 per ounce [10] Development and Exploration - SSR Mining invested $12.2 million in the Hod Maden project during Q1 2025, focusing on engineering and early-stage site development [11] - The company is advancing exploration and development initiatives across its asset portfolio to identify high-return, low-capital opportunities [11] Market Trends - Gold prices have increased by 25.5% in 2025, driven by geopolitical tensions and central bank buying, while silver prices have risen by 14.6% due to demand from the electrification sector [12]

Company Overview - SSR Mining (SSRM) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, SSRM shares have increased by 7.26%, outperforming the Zacks Mining - Miscellaneous industry, which rose by 3.66% [6] - In a longer timeframe, SSRM's monthly price change is 9.25%, significantly higher than the industry's 1.69% [6] - Over the last quarter, SSRM shares have risen by 17.42%, and they have surged by 113.81% in the past year, while the S&P 500 has only moved 1.35% and 13.07% respectively [7] Trading Volume - SSRM's average 20-day trading volume is 2,125,763 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions show 1 upward revision and 3 downward revisions for the current fiscal year, raising the consensus estimate from $0.95 to $1.09 over the past 60 days [10] - For the next fiscal year, 4 estimates have moved upwards with no downward revisions, indicating positive sentiment [10] Conclusion - Given the strong performance metrics and positive earnings outlook, SSR Mining is recommended as a solid momentum pick for investors [12]