SSR Mining Stock Surges 15% After Strong Q1 Results and $1.5 Billion Mine Sale
SSR Mining (SSRM) surged over 15% after reporting a strong first-quarter performance and announcing the sale of its Copler mine in Turkey for $1.5 billion. The gold miner nearly tripled its earnings year-over-year and significantly improved its balance sheet, with over $600 million in cash and no meaningful long-term debt.
Tickers: $SSRM
Topics: earnings free cash flow gold mining M&A stock buybacks