SSR Mining Inc

Section 1: Company Overview and Fundamentals Insights

Company Overview: SSR Mining Inc (NASDAQ: SSRM) together with its subsidiaries, is a precious metals mining company with a diversified portfolio of four operating assets across the United States, Türkiye, Canada, and Argentina. The Company focuses on the operation, acquisition, exploration, and development of precious metal resource properties throughout Türkiye and the Americas, producing gold doré alongside copper, silver, lead, and zinc concentrates. Kalkine’s Global Travel and Leisure Report covers the Investment Highlights, Key Financial Metrics, Risks, and Technical Analysis along with the Valuation, Target Price, and Recommendation on the stock.

1.2 The Key Positives, Negatives, Investment Highlights, and Risks

1.3 Top 10 Shareholders:

The top 10 shareholders together form ~32.70% of the total shareholding. Van Eck Associates Corporation, Mirae Asset Global Investments (USA) LLC hold maximum stakes of 7.26% and 5.35%, respectively. 

1.4 Key Metrics: SSRM’s EBITDA margin increased to 40.1% in FY2025 compared to 25.1% in FY2024. Below is captured other metrics:

Section 2: Business Updates, Financial and Operational Highlights

2.1 Recent Business Updates:

2.2 H1FY26 Results Highlights (for the 12 months ended 31 December 2025): Below mentioned are some key financial highlights:   

2.3 Historical Financial Trend

Section 3: Key Risks and Outlook:

Section 4: Stock Recommendation Summary

4.1 Price Performance and Technical Summary

The stock has increased by ~19.84% in the last three months, and over the past six months, stock has increased by ~6.63%. The stock has a 52-week low and 52-week high of USD 8.651 and USD 33.490, respectively, and is currently trading above the 52-week high-low average.

4.2 Fundamental Valuation

Valuation Methodology: Price/EPS Multiple Based Relative Valuation (Illustrative)

Markets are trading in a highly volatile zone currently due to certain macro-economic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is neither an indicator nor a guarantee of future performance. 

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 30 March 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above. 

Note 4: Kalkine reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 25-30 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 5: Dividend Yield may vary as per the stock price movement. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.