Why SSR Mining Stock Surged 45% in August - AOL

SSR Mining’s stock jumped 45.3% in August, driven by a major operational reset at its Çöpler mine site in Türkiye and a timing shift in investor expectations around gold. Earlier overhang from the 2024 Çöpler disaster had stalled the shares until SSR Mining sold off Copler assets in June for $1.5 billion. In August, the company’s second-quarter earnings showed the full financial impact: about $1.8 billion in cash with no debt. SSR Mining then repurchased over $300 million of shares and reinstated a quarterly dividend after suspending it. Gold strength and expectations for steadier interest rates added tailwinds.