I just wanted to introduce SSR Mining $SSRM (-0,54 %)
because I think the stock is quite interesting for the coming years. I find the combination of gold and silver production, high liquidity, rising returns to shareholders, and potential for growth.
🔹 A few current figures:
• 🥇 H1 2026 production: 211,873 gold-equivalent ounces
• 🎯 2026 annual target: 450,000–535,000 GEOs
• 💰 Free cash flow for H1 2026: $299 million
• 💵 Cash as of June 30, 2026: US$1.78 billion
• 🏦 Long-term debt: $0
• 📊 Revenue for H1 2026: approximately US$1.03 billion
• 💸 Quarterly dividend: US$0.03 per share
Of particular interest: SSR Mining plans to sell Çöpler for approximately US$1.49 billion . As a result, the company has strategically shifted its focus more strongly toward its operations in the Americas.
🚀 Why might SSR Mining be an attractive long-term investment?
1️⃣ Gold remains a key component
SSR Mining generally benefits from high gold prices. At the same time, the company owns several producing mines, so it’s not just a pure exploration play.
2️⃣ Very strong balance sheet 💰
$1.78 billion in cash and no long-term debt as of the end of the second quarter are impressive figures. This gives the company leeway for investments, mine extensions, and capital returns.
3️⃣ Shareholders are getting capital back 🔄
In the first half of 2026, the company had already 12.9 million shares were repurchased for US$409.2 million. In addition, another share repurchase program totaling $500 million . On top of that, the dividend has been reinstated.
4️⃣ Growth Potential ⛏️
Among other things, SSR Mining is working on projects to extend the life of its mines. As of the end of 2025, the company already had approximately 11 million gold-equivalent ounces of mineral reserves.
5️⃣ The second half of the year could be significant 📈
For 2026, SSR Mining expects 55–60% of production will occur in the second half of the year . This makes the coming quarters particularly interesting.
⚠️ Of course, there are also risks
⛏️ Mining is capital-intensive, and production costs can rise.
🥇 A falling gold price would put pressure on margins.
🌎 Mines are subject to political, regulatory, and operational risks.
📉 In H1 2026, the AISC was $2,521 per gold-equivalent ounce , which was significantly higher than in the previous year. For the full year, SSR Mining now expects the AISC to be toward the upper end of its previous forecast.
🧐 My Conclusion
For me, SSR Mining$SSRM (-0,54 %) primarily because of its strong balance sheet 💰, ongoing production 🥇, share buybacks 🔄, and potential production/mine growth 🚀 a stock that gold investors should keep on their radar.
