SSRM -8.40% NVDA -3.45% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Sliding lower from their closing prices on Monday and Tuesday, shares of SSR Mining (NASDAQ:SSRM) have lost a bit of luster in investors' eyes this week. And the decline looks likely to continue today, with a firm providing a less bullish outlook on the mining stock.
As of 1:53 p.m. ET, SSR Mining shares are down 8.1%.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Maintaining a buy rating, UBS reduced its price target on SSR Mining stock to $39 from $41. Based on shares closing at $33.10 yesterday, the new price target implies 17.8% upside.
SSR Mining operates a diversified portfolio of precious metals assets, which include both gold and silver production. In 2026, SSR Mining projects gold production of 355,000 to 420,000 ounces and silver production of 6.25 million ounces to 7 million ounces.
Savvy investors know well that market overreactions can often provide great buying opportunities. The drop in SSR Mining stock today, however, doesn't necessarily mean that investors should rush to click the buy button. SSR Mining shares are trading at a premium now, priced at 8.5 times operating cash flow, a premium to its five-year average cash flow multiple of 5.9. Fortunately, there are plenty of other precious metals stocks that look especially lustrous right now.
Before you buy stock in SSR Mining, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SSR Mining wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $379,986!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,404,152!*
Now, it's worth noting Stock Advisor's total average return is 948% — a market-crushing outperformance compared to 215% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of October 14, 2026.
Scott Levine has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Why SSR Mining Stock Is Falling Today was originally published by The Motley Fool
