ATTN LogoMenu

Gold Mining Company Gains 600 Billion Won in Market Cap in One Day

SSR Mining Inc. (Nasdaq: SSRM) led gains among gold miners, closing on the Nasdaq at $26.41, up 7.53%. Its market capitalization stands at roughly $5.5 billion (about KRW 7.7 trillion), with approximately $450 million (around KRW 600 billion) added in a single trading day.

Gold Mining

The company is accelerating its asset-portfolio restructuring, recently signing a deal to sell an 80% stake in Turkey’s Çöpler gold mine for $1.5 billion and divesting a 20% interest in the Hod Maden project.

Last month, SSR Mining reaffirmed its full-year 2026 production guidance and filed a share-repurchase program on the Toronto Stock Exchange, underscoring its commitment to returning capital to shareholders.

Headquartered in Denver, Colorado, SSR Mining is a mid-tier precious-metals producer operating gold and silver mines in the U.S., Canada and Argentina. Dual-listed on Nasdaq and the Toronto Stock Exchange, the company is pursuing a strategy of expanding dividends and share buybacks amid a rally in gold prices and anticipated inflows from large-scale asset sales.

Latest Stories

Loading articles...
Gold Mining Company Gains 600 Billion Won in Market Cap in One Day