Canaccord Raises its Price Target on SSR Mining Inc. (SSRM) to C$58 and Maintains a Buy Rating

Core Insights - SSR Mining Inc. is recognized as one of the top mining stocks to invest in, highlighting its strong market position and potential for growth [1] Financial Performance - For Q4 2025, SSR Mining reported an adjusted EPS of $0.88, surpassing the consensus estimate of $0.57, and generated revenue of $521.73 million, exceeding the consensus of $452.85 million [3] - The company achieved consolidated production above the midpoint of guidance for 2025, with all-in sustaining costs meeting expectations, resulting in approximately $172 million in operating cash flow and $106 million in free cash flow for the quarter [3] - SSR Mining anticipates FY26 gold equivalent production to be between 450,000 and 535,000 ounces [3] Strategic Moves - SSR Mining agreed to sell its 80% interest in the Copler mine in Turkiye for $1.5 billion in cash to Cengiz Holding A.S., prompting Canaccord to raise its price target to C$58 from C$46 while maintaining a Buy rating [2] - The company is also planning a strategic review of its interest in the Hod Maden project in Turkiye [2] Analyst Ratings - Scotiabank raised its price target on SSR Mining to C$50 from C$45, maintaining an Outperform rating [2]