RBC Capital Maintains a Hold Rating on SSR Mining (SSRM)

SSR Mining Inc. (NASDAQ:SSRM) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 4, Michael Siperco from RBC Capital maintained a Hold rating on SSR Mining Inc. (NASDAQ:SSRM) with a price target of $13.00. The same day, the company announced that it had suspended operations at Seabee due to temporary power interruptions that were caused by forest fires that erupted north of the mine.

SSR Mining Inc. (NASDAQ:SSRM) provided an update on June 13, stating that the operations had resumed at the site with the power supply fully restored. Management announced that the fires had caused no damage to the site.

SSR Mining Inc. (NASDAQ:SSRM) operates, develops, explores, and acquires metal resource properties in the Americas and Turkiye. It operates through the Copler, Marigold, Seabee, Puna, and the Exploration, Evaluation, and Development Properties business segments. Sites. The Copler, Marigold, Seabee, and Puna segment encompasses its four operating mine sites. SSR Mining Inc. (NASDAQ:SSRM) produces gold doré, along with silver, lead, copper, and zinc concentrates.

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