BofA Cuts SSR Mining (SSRM) Price Target to $18, Maintains Underperform Rating

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]