SSR Mining Divests Çöpler Mine in Strategic Portfolio Shift
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SSR Mining ( (TSE:SSRM) ) has issued an update.
On March 3, 2026, SSR Mining Inc. agreed to sell its 80% stake in the Çöpler mine and related Turkish properties to Cengiz Holding for $1.5 billion in cash, a deal later formalized in a March 24, 2026 share purchase agreement. The transaction, which excludes SSR Mining’s interest in the Hod Maden development project, is expected to close by the third quarter of 2026, subject to Turkish regulatory approvals, other required consents, and customary closing conditions.
As part of the process, Cengiz Holding has placed a $100 million escrow deposit to be credited at closing, while SSR Mining will provide transition services to the Çöpler business after completion. In connection with the sale, SSR Mining expects to record a non-cash charge of approximately $310 million to $340 million in the quarter ending March 31, 2026, reclassifying Çöpler as held for sale and as a discontinued operation, which signals a significant portfolio shift and accounting impact for the company and its stakeholders.
The most recent analyst rating on (TSE:SSRM) stock is a Buy with a C$37.00 price target. To see the full list of analyst forecasts on SSR Mining stock, see the TSE:SSRM Stock Forecast page.
Spark’s Take on SSRM Stock
According to Spark, TipRanks’ AI Analyst, SSRM is a Outperform.
The score is driven primarily by solid overall financial health (low leverage) and a strong 2025 profitability recovery, supported by constructive technical trend signals. Positive earnings-call takeaways (strong free cash flow, liquidity, reserve growth, and a sizable buyback) further support the rating, while cash-conversion quality, cost pressures/Çöpler cash drag, and execution risk across multiple operations keep the score from moving higher.
To see Spark’s full report on SSRM stock, click here.
More about SSR Mining
SSR Mining Inc., listed on Nasdaq and the TSX under the ticker SSRM, operates in the precious metals mining industry with a portfolio that has included the Çöpler gold mine in Türkiye and the Hod Maden development project. The company is incorporated in British Columbia and manages its international mining interests through various subsidiaries, including Alacer Gold entities.
Average Trading Volume: 551,718
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.32B
See more data about SSRM stock on TipRanks’ Stock Analysis page.
