SSR Mining Inc. (NASDAQ:SSRM) is one of the best silver stocks to watch for in 2026, with about 38% upside potential. On March 5, BMO Capital analysts upgraded SSR Mining Inc. (NASDAQ:SSRM) to an Outperform from Market Perform and raised the price target to C$41 from C$27.
The upgrade is in response to the company’s announcement of the sale of its Copler mine in Turkey for $1.5 billion in cash. Following the sale, SSR Mining is to conduct a review of its remaining platform in Turkey, which includes a 20% interest in the Hod Maden development.
The company secured a significant sale price that is three times more than the $472 million in net asset value of the mine. In addition, the sale removes a layer of uncertainty around the potential restart of activities at the Copler mine, which had put an overhang on the stock. The company was forced to suspend operations at the mine in 2024 after a landslide resulted in nine miners missing.
BMO Capital insists the $1.5 billion is poised to strengthen SSR Mining Inc.’s (NASDAQ:SSRM) balance sheet, paving the way for the company to focus on other key assets in the US. Last year, the company expanded its American presence with the acquisition of CC&V.
SSR Mining Inc. (NASDAQ:SSRM) is an intermediate precious metals producer that acquires, explores, develops, and operates mining assets in the USA, Canada, and Argentina. It operates key mines like Marigold, Seabee, and Puna, and recently acquired the CC&V gold mine in Colorado. The company focuses on extracting gold, silver, copper, and zinc.
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