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SSR Mining Is Selling Its Interest in the Copler Mine for $1.5 Billion. Is This a Positive Sign for the Mining Stock?
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Precious metals were on an absolute tear coming into 2026. In January, gold prices reached $5,500 an ounce, while silver hit $121 per ounce. Precious metals prices are soaring amid rising geopolitical uncertainty and growing fiscal deficits, creating a favorable backdrop for gold and silver miners like Denver-based SSR Mining (NASDAQ: SSRM).In the past year, the mid-cap mining stock has surged 160% as gold miners ride the wave of rising precious metal prices. The company recently sold its Copler Mine for $1.5 billion, shoring up its balance sheet and giving it a record cash stockpile. Here's why this could be a positive sign for the gold miner moving forward.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool