$SSRM

SSR Mining agreed to acquire Roxmore Resources for C$6.75 per share, adding the Converse Gold Project. Gold prices fell 0.68% weekly, while silver dropped 6.43%. Regis Resources' McPhillamys project faces regulatory hurdles. Aya Gold & Silver reported strong Q3 silver production. Mineros increased its full-year production guidance. Buenaventura and Evolution Mining reported production shortfalls. Goldman Sachs highlights gold's role as a hedge.

SSR Mining agreed to acquire Roxmore Resources, owner of the Converse gold project in Nevada, for C$712 million, including a 27% premium. The deal values Converse at US$75-96 per ounce, lower than recent comparable takeovers. SSR expects synergies from shared infrastructure and management. The acquisition is subject to regulatory approvals and is expected to close in Q4 2026.

SSR Mining plans to acquire Roxmore Resources for US$392M, valuing the Nevada gold project at US$75/oz. The deal includes cash and a spin-out for Roxmore shareholders. SSR aims to leverage synergies with its nearby Marigold mine, targeting production by 2033. Analysts debate the price, citing risks like execution and capital requirements.

SSR Mining (SSRM) shares fell 8.1% by 1:53 p.m. ET after UBS cut its price target to $39 from $41, citing a less bullish outlook. The company, which produces gold and silver, projects 2026 production of 355,000-420,000 gold ounces and 6.25-7 million silver ounces. SSRM trades at 8.5x operating cash flow, above its 5-year average of 5.9x.

SSR MINING INC. (SSRM) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 News Release October 13 , 2026 SSR MINING ANNOUNCES THE ACQUISITION OF ROXMORE RESOURCES COMPLEMENTARY STRATEGIC TRANSACTION FURTHER ENHANCES THE FUTURE OF SSR MINING’S US PLATFORM § ROXMORE’S MULTI-MILLION OUNCE CONVERSE PROJECT IS LOCATED SIX KILOMETERS FROM THE MA

SSR Mining (SSRM) agreed to acquire Roxmore Resources (RM) for $464 million in cash, offering a 27% premium. The deal includes a new exploration spinoff. SSRM shares fell 2.96% premarket. The acquisition adds Roxmore's Nevada gold project, expected to produce 150,000-170,000 ounces annually, with $200 million in synergies. SSRM plans to fund the deal with cash, targeting closure in Q4.

SSR Mining Inc. (SSRM) announced a 20-year plan for its Marigold Gold Complex, increasing gold reserves by 43% to 4.6 million ounces. The plan includes developing the Buffalo Valley project, forecasting 3.3 million ounces of gold production with AISC of $2,005 per ounce. The project's after-tax NPV is estimated at $3.3 billion using consensus gold price assumptions.

SSR Mining's Marigold gold mine in Nevada projects average annual production of 231,000 ounces from 2027 to 2031, with a total life-of-mine production of 3.3 million ounces. The mine has an after-tax NPV of $3.3 billion at 5% discount rate and consensus gold prices. SSR Mining's U.S. portfolio includes Marigold and CC&V, with combined gold mineral reserves of 7.3 million ounces.

UBS highlights preferred gold mining stocks amid sector volatility. Gold prices peaked at $5,400/oz in early 2026, correcting to $4,170/oz by September. UBS expects cost pressures in 2027 but sees attractive margins if prices stay above $4,000/oz. Top picks include Newmont, Barrick, Endeavour, SSR Mining, Skeena Resources, and Franco-Nevada, citing operational improvements and strategic developments.

Canadian analysts show selective optimism, favoring gold miners and energy sectors, while retail and transportation see cautious outlooks. Key updates: Allied Gold (AAUC:CA) maintained Outperform at C$39.00, Aritzia (ATZ:CA) rated Buy at C$180.00, Athabasca Oil (ATH:CA) downgraded to Sell at C$12.00, and Cenovus Energy (CVE:CA) sees mixed target revisions.