SSRM - SSR Mining Faces Unprecedented Challenges In Turkey

2024-02-23 14:02:59 ET

Summary

• SSR Mining Inc.'s share value plummeted by over 50% following a landslide at its Çöpler mine, trapping nine workers.
• The company's production capacity and growth prospects are uncertain due to the suspension of operations at Çöpler.
• The development of the Hod Maden mine in Turkey may also be at risk, further impacting SSR Mining's operations.

SSR Mining Landslide Hits the Company

SSR Mining Inc. (SSRM), a recognized mid-tier gold and silver producer with a diversified portfolio in the United States, Canada, South America, and Turkey, has recently encountered a significant setback. The company, previously applauded for its performance and receiving several optimistic analyst ratings on platforms like Seeking Alpha, saw its share value plummet by over 50% following a catastrophic event at its Çöpler mine....

For further details see: