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DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") is pleased to announce that it has closed the sale of its 20% ownership stake in the Hod Maden development project (the “Project”). At closing, SSR Mining received an uncapped 4.0% net smelter return royalty (“NSR”) (1) on 100% of the Project (the “Transaction”). The 4.0% Hod Maden NSR strengthens SSR Mining's existing royalty portfolio, which currently includes NSRs on the San Luis project (4.0%) owned.

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SummarySSR Mining Inc. offers a compelling buy opportunity, trading at a 0.76x P/NAV discount post-Çöpler sale and portfolio transformation.Çöpler and Hod Maden exits have eliminated major jurisdictional risks, unlocking $1.5 billion in cash and streamlining the asset base for re-rating.Management is returning $800 million to shareholders via buybacks and a reinstated dividend while maintaining a robust $1 billion net cash buffer.With normalized AISC dropping and Q2 2026 marking the first clean quarter, SSRM presents 15–20% near-term upside, with potential for 50%+ if gold prices hold. pidjoe/iStock via Getty Images

SSR Mining Inc. (SSRM) is a Denver-based precious metals producer with gold, silver, lead, and zinc assets across Colorado, Nevada, Saskatchewan, and Argentina. It has recently had a valuable exit from Türkiye, where a 2024 accident has, paradoxically, set the stage for what may

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") will release its second quarter 2026 financial results after markets close on August 4, 2026. A conference call to discuss the results will be held at 5:00 pm EDT on the same day. Investors, media and the public are invited to listen to the conference call. • News release containing second quarter consolidated financial results:   Tuesday, August 4, 2026, after markets close       • Conference call and w.

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Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

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Stock to Watch: SSR Mining (SSRM - Free Report) SSR Mining Inc. is a precious metals miner engaged in the operation, acquisition, exploration and development of gold and silver assets across four key jurisdictions: the United States, Türkiye, Canada and Argentina. Incorporated in British Columbia in 2005, the company is headquartered in Denver, Colorado. Its portfolio is anchored in several of the world’s most prolific mineral belts. These include the Çöpler mine along the Tethyan Metallogenic Belt in Türkiye; the Marigold mine situated on Nevada’s Battle Mountain–Eureka trend; the Cripple Creek & Victor (CC&V) mine in Colorado’s historic Cripple Creek Mining District; the Seabee operation along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna operation positioned within the Bolivian silver belt in Jujuy, Argentina.

SSRM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Basic Materials stock. SSRM has a Momentum Style Score of A, and shares are up 3.9% over the past four weeks.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.42 to $4.50 per share. SSRM also boasts an average earnings surprise of +54%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SSRM should be on investors' short list.

Key Takeaways SSR Mining closed the sale of its 80% stake in the Copler Mine to Cengiz.SSRM received $1.49B in cash and plans to reinvest, return capital and pursue growth.SSR Mining expects its 2026 gold equivalent output of 450,000-535,000 ounces from four mines. SSR Mining Inc. (SSRM - Free Report) announced that it closed its previously announced sale of 80% stake in the Çöpler Mine to Cengiz Holding A.S. Along with the prior announced sale of the 20% stake in the Hod Maden development project, the sale of the Çöpler Mine is consistent with SSR Mining's refocusing toward an Americas platform.

Details of SSR Mining’s Deal to Sell Çöpler Mine StakesOn March 4, 2026, SSR Mining inked a binding memorandum of understanding to sell its majority stake in the Çöpler Mine and related properties in Türkiye. Çöpler was a key contributor to SSRM’s output, which stopped operations on Feb. 13, 2024, following a significant slip on the heap leach pad.

SSR Mining worked toward the restart of the Çöpler Mine while securing the necessary regulatory approvals from Turkish authorities over the past two years. During this time, the company determined a strategic review to be the optimal path for the mine to maximize shareholder value.

SSR Mining received $1.49 billion in cash from the transaction, which it plans to use for continued business reinvestment, capital returns and accretive growth initiatives. SSRM expects the sale to yield immediate value for shareholders by exceeding current market expectations for the mine's net asset value and cash flow. 

SSRM’s recent strategic actions, including the acquisition of the Cripple Creek & Victor Mine, position it as a leading producer in the United States focused on free cash flow and capital return. The company currently operates four active mines across the United States, Canada and Argentina. SSR Mining expects gold-equivalent ounces to be 450,000-535,000 for 2026.

SSRM Stock Price PerformanceThe SSRM stock has appreciated a whopping 125.2% in a year compared with the industry’s return of 40.8%.

Image Source: Zacks Investment Research

SSR Mining’s Zacks Rank & Stocks to ConsiderThe Zacks Consensus Estimate for Dow's current-year earnings is pegged at $2.61 per share, indicating a 377% year-over-year surge. Dow’s shares have gained 13.6% in a year.

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 124% so far this year. 

Avino Silver has an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for Avino Silver’s 2026 earnings is pegged at 39 cents per share, indicating 34.5% year-over-year growth. Its shares have surged 62.7% in a year.

DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") is pleased to announce that it has closed the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) to Cengiz Holding A.S. and affiliates. At closing SSR Mining received approximately $1.49 billion in cash consideration for the sale of its ownership in Çöpler, after giving effect to various working capital adjustments.SSR Mining would like to thank i.

SSR Mining Inc. remains a Buy as valuation is still attractive despite a 50% rally, with market overhangs fading. SSRM's operational improvement is underpinned by the sale of distressed Turkish assets and a now debt-free balance sheet. Recent quarterly results beat consensus, with revenue up 84% YoY and adjusted EPS up 296%, driving robust cash flow.

Shares of SSR Mining (SSRM 4.75%) are building on a massive pop that started last week. The gold stock jumped 5.4% higher as of 1:45 p.m. ET Wednesday, and is up 36% in just one week, as of this writing.

The miner is about to get a windfall from an asset sale, and it has announced something that should make its shareholders happy. Gold, meanwhile, is trending higher.

Image source: Getty Images.

Why are investors buying SSR Mining stock? SSR Mining has made the most of the surge in gold prices. It recently delivered a blowout first quarter, ending it with $600 million in cash, low debt, and $211 million in free cash flow.

After already burning through $300 million to buy back its own stock, the company just announced it's dropping another $500 million on stock buybacks.

That's not all: The gold miner is also reinstating its dividend.

I fully expected SSR Mining to resume share buybacks and dividends. It suspended dividends after a fatal accident at its Copler mine in Turkey in 2024, but now has a firm deal to sell that unproductive mine for $1.5 billion before the end of the third quarter. A good portion of that money is going to go back to shareholders.

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SSR Mining stock could fall if this happens, but should you worry? Although $0.03 per share every quarter is a modest payout, the symbolism is huge. A dividend reinstatement and accelerated share buybacks reveal how confident management is about the company's prospects.

And why not? SSR Mining has rarely looked this strong financially. Dumping Copler removes a major overhang, leaving it a much leaner company.

Meanwhile, macro tailwinds are doing their part. Gold has picked up momentum after a precipitous fall. The yellow metal bounced back over $4,300 per ounce today after dropping to a six-month low and almost hitting $4,000 per ounce on June 10. Investors expect a U.S.-Iran peace agreement to help restore oil flows and cool off inflation and interest rate concerns.

Investors, however, should remember that the peace agreement hasn't been finalized. If it falls through, gold could easily slide back.

That, however, shouldn't hurt SSR Mining much unless gold absolutely craters. SSR Mining is in a fantastic spot, using its cash pile to reward shareholders – and that is exactly what investors should focus on.

Key Takeaways SSR Mining approved an additional $500M share repurchase program and reinstated its dividend.The free cash flow from continuing operations climbed to $210.8M from $71.9M a year ago.SSRM ended Q1 with $634.1M in cash, $1.13B liquidity and no significant long-term debt. SSR Mining Inc. (SSRM - Free Report) announced that its board of directors approved an additional $500 million for share repurchases and reinstated its regular quarterly dividend. This move underscores SSRM’s disciplined approach to capital allocation and commitment to shareholders.

SSR Mining’s Focus on Solid Financial PositionThe company has returned $774 million to shareholders since 2021, including $300 million in share repurchases completed in the second quarter of 2026. The company’s year-to-date shareholder returns represent a yield of around 5%, excluding the impacts of the additional
$500-million authorization for share repurchases and the reinstatement of a quarterly dividend.

SSR Mining plans to declare an initial quarterly dividend of 3 cents per share during the second-quarter 2026 results. This indicates an annual dividend of 12 cents per share, establishing a strong baseline of consistent capital returns. These moves are in sync with the company’s ongoing capital returns program.

SSRM’s Cash Position at Q1-EndOperating cash flow from continuing operations rose to $299.6 million from $116.7 million a year ago. The free cash flow from continuing operations increased to $210.8 million from $71.9 million. SSR Mining ended the quarter with $634.1 million in cash and cash equivalents, and total liquidity of $1.13 billion, including an undrawn revolving credit facility and accordion feature. The company had no significant long-term debt outstanding as of March 31, 2026.

SSR Mining’s ongoing free cash flow generation and anticipated sale of the Çöpler mine for $1.5 billion will further aid its financial position. This positions SSRM as a free-cash-flow-leading, Americas-focused gold and silver producer with flexible financial position.

SSRM Stock Price PerformanceThe company’s stock has appreciated a whopping 123.9% in a year compared with the industry’s return of 59.1%.

Image Source: Zacks Investment Research

SSR Mining’s Zacks Rank & Stocks to ConsiderSSRM currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks from the basic materials space are Albemarle Corporation (ALB - Free Report) , L.B. Foster Company (FSTR - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) . ALB and FTSE sport a Zacks Rank #1 (Strong Buy) at present, and ASM carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 186% so far this year.

The Zacks Consensus Estimate for L.B. Foster’s current-year earnings is pegged at $1.74  per share, indicating a 152% year-over-year upsurge. FSTR has an average trailing four-quarter earnings surprise of 3.6%. L.B. Foster’s shares have gained 4.9% in a year.

Avino Silver has an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for Avino Silver’s 2026 earnings is pegged at 39 cents per share, indicating 34.5% year-over-year growth. Its shares have jumped 90.5% in a year.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

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It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

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Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: SSR Mining (SSRM - Free Report) SSR Mining Inc. is a precious metals miner engaged in the operation, acquisition, exploration and development of gold and silver assets across four key jurisdictions: the United States, Türkiye, Canada and Argentina. Incorporated in British Columbia in 2005, the company is headquartered in Denver, Colorado. Its portfolio is anchored in several of the world’s most prolific mineral belts. These include the Çöpler mine along the Tethyan Metallogenic Belt in Türkiye; the Marigold mine situated on Nevada’s Battle Mountain–Eureka trend; the Cripple Creek & Victor (CC&V) mine in Colorado’s historic Cripple Creek Mining District; the Seabee operation along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna operation positioned within the Bolivian silver belt in Jujuy, Argentina.

SSRM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 6.22; value investors should take notice.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.61 to $4.38 per share. SSRM also boasts an average earnings surprise of +54%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, SSRM should be on investors' short list.

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DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) (“SSR Mining” or the “Company”) announces that each of the eight nominees listed in the Proxy Statement for the 2026 Annual Meeting of Shareholders (the “Meeting”) were elected as directors of SSR Mining on Thursday, May 7, 2026. Voting results for the election of directors are set out below:

Nominee Name

Votes For

% For

Votes Withheld

% Withheld

Broker Non Vote

Rod Antal

145,639,711

98.69%

1,938,333

1.31%

15,402,274

Thomas R. Bates, Jr.

90,845,964

61.56%

56,732,081

38.44%

15,402,273

Brian R. Booth

146,243,280

99.10%

1,334,764

0.90%

15,402,274

Alan P. Krusi

145,353,727

98.49%

2,224,317

1.51%

15,402,274

Daniel Malchuk

144,910,353

98.19%

2,667,691

1.81%

15,402,274

Laura Mullen

145,801,559

98.80%

1,776,486

1.20%

15,402,273

Kay Priestly

140,344,130

95.10%

7,233,914

4.90%

15,402,274

Karen Swager

123,223,257

83.50%

24,354,788

16.50%

15,402,273

At the Meeting, the shareholders of SSR Mining also approved (i) a non-binding advisory resolution regarding the Company’s approach to executive compensation, and (ii) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

The voting results for each resolution are set out below:

Votes For

% For

Votes Against

% Against

Votes Withheld

% Withheld

Broker Non Vote

Advisory Vote on

Executive Compensation

79,296,143

53.73%

66,819,982

45.28%

1,461,909

0.99%

15,402,284

Appointment of Auditors

162,777,275

99.88%

0

0.00%

203,043

0.12%

0

About SSR Mining

SSR Mining is listed under the ticker symbol SSRM on the Nasdaq and the TSX.

For more information, please visit: www.ssrmining.com.

More News From SSR Mining Inc.

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SSR Mining (SSRM) is rated Buy, reflecting its Americas-focused pivot and strong performance, though no longer a Strong Buy after a significant rally since upgrading them. Q1 results exceeded EPS and revenue estimates, with $210.78M in free cash flow despite production being weighted toward H2 and AISC pressures. The Çöpler sale ($1.5B) is expected to close by the end of Q3 2026, unlocking capital for growth, buybacks, and reducing Turkey-related risk, supporting a potential re-rating as they pivot.

DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") announces that it has entered into a definitive agreement with Lidya Mines to sell its 20% ownership stake and its operatorship position in the Hod Maden development project (the “Project”) for an uncapped 4.0% net smelter return royalty (“NSR”) on 100% of the Project (the “Transaction”).

The royalty consideration received by SSR Mining is expected to deliver an accretive outcome for shareholders. Concurrently with the Transaction, Royal Gold, Inc. (“Royal Gold”), which is a partner in the Project, will sell 15% of its ownership interest in the Project to Lidya Mines in exchange for an uncapped 2.5% NSR on 100% of the Project. Royal Gold’s 2.5% NSR will be issued with substantially the same key terms as the 4.0% NSR issued to SSR Mining. Royal Gold will also hold a fixed price call right to acquire 2.0% of the NSR from SSR Mining for $160 million, expiring 12 months following declaration of commercial production at the Project. Additionally, Royal Gold will hold a consent right on the sale of SSR Mining's NSR prior to January 1, 2028, and a right of first refusal in connection with any sale of the SSR Mining NSR.

Upon entering into the agreements related to the Transaction, Lidya Mines will become operator of the Project. Upon closing of the Transaction, Lidya Mines will own 85% and Royal Gold will own 15% of the Project.

SSR Mining’s total invested capital into Hod Maden, inclusive of upfront acquisition cost, earn-in and capital spend to date is approximately $243 million. With the announcement of this Transaction, SSR Mining will resign as project operator and will have no further funding obligations, with such obligations being assumed by Lidya Mines. The Transaction will be completed on an as-is, where-is basis and SSR Mining will not provide any material post-closing indemnities. The Transaction is expected to close in the third quarter of 2026. The closing of the Transaction will be subject to receipt of regulatory approval from the Turkish General Directorate of Mining and Petroleum Affairs, as well as other consents and approvals that may be required in connection with the Transaction, and other customary conditions.

The Transaction, together with the previously announced sale of the Çöpler mine in Türkiye and acquisition of the Cripple Creek & Victor Mine in Colorado, completes SSR Mining’s strategic refocus to an Americas platform. These transactions reinforce the Company’s position as a leading free cash flow, capital returns-focused gold and silver producer, anchored by its long-lived Marigold and Cripple Creek & Victor operations in the United States.

Following the closing of the Transaction, the 4.0% Hod Maden NSR will strengthen SSR Mining’s existing royalty portfolio, which currently includes NSRs on the San Luis project (4.0%) owned by Highlander Silver, the Pitarrilla project (1.25%) owned by Endeavour Silver, the Rowan property (3.0%) owned by West Red Lake Gold, and the Sunrise Lake property (4.0%) owned by Honey Badger Silver.

About SSR Mining

SSR Mining is listed under the ticker symbol SSRM on the Nasdaq Stock Market and the Toronto Stock Exchange.

For more information, please visit: www.ssrmining.com.

Cautionary Note Regarding Forward-Looking Information and Statements:

This press release includes “forward looking information” within the meaning of applicable securities laws. Forward-looking information can be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Statements that refer to projections of our future financial performance, our anticipated growth and trends in our businesses, and other characterizations of future events or circumstances are forward-looking statements, and include, but are not limited to, our ability successfully close the Transaction or our previously announced agreement to sell the Çöpler mine to Cengiz Holding A.Ş. (the “Çöpler Transaction”) within the time periods anticipated, or at all; our ability to obtain any necessary regulatory or other approvals or consents for the Transaction or the Çöpler Transaction that may be required; the successful completion of the Project and the ability of Lidya Mines to generate revenues from the Project; our ability to receive revenues under, and realize the expected returns from, the NSR, and whether and when we elect, and are able, to monetize the NSR; and our ability to strategically refocus our business to the Americas.

Although we believe that the expectations and assumptions on which such forward-looking information and statements are based are reasonable, you should not place undue reliance on the forward-looking information and statements because we can give no assurance that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could cause actual results and expectations to differ materially from the anticipated results or expectations expressed in this press release. Important factors that could cause actual results to differ materially from our historical experience, and present projections and expectations are disclosed in our filings that we make on SEDAR+ at www.sedarplus.ca, and on EDGAR at www.sec.gov, including our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. Forward-looking information and statements speak only as of the date they are made. Other than as required by law, we do not intend, and undertake no obligation to update any forward-looking information and statements to reflect, among other things, new information or events. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

More News From SSR Mining Inc.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: SSR Mining (SSRM - Free Report) SSR Mining Inc. is a precious metals miner engaged in the operation, acquisition, exploration and development of gold and silver assets across four key jurisdictions: the United States, Türkiye, Canada and Argentina. Incorporated in British Columbia in 2005, the company is headquartered in Denver, Colorado.

SSRM is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 6.76; value investors should take notice.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.61 to $4.38 per share. SSRM also boasts an average earnings surprise of +54%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, SSRM should be on investors' short list.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: SSR Mining (SSRM - Free Report) SSR Mining Inc. is a precious metals miner engaged in the operation, acquisition, exploration and development of gold and silver assets across four key jurisdictions: the United States, Türkiye, Canada and Argentina. Incorporated in British Columbia in 2005, the company is headquartered in Denver, Colorado.

SSRM is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Basic Materials stock. SSRM has a Momentum Style Score of A, and shares are up 1.3% over the past four weeks.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.61 to $4.38 per share. SSRM boasts an average earnings surprise of +54%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SSRM should be on investors' short list.

Vancouver, British Columbia--(Newsfile Corp. - June 1, 2026) - Phenom Resources Corp. (TSXV: PHNM) (FSE: 1PY0) ("Phenom" or the "Company") is pleased to announce a letter of intent governing an expected non-brokered private placement investment in Phenom by SSR Mining Inc. ("SSR") and proposed joint venture with SSR for the Company's Dobbin Property located in Nevada.

SSR Mining Inc. is a US$6.5B Denver-based gold and silver mining company and the third largest gold producer in the United States. SSR Mining has a portfolio of operating, development and exploration assets across the Americas, including locations in the USA, Canada, and Argentina.

SSR's core operating assets include:

Marigold mine: An open-pit gold mine in Nevada, USA. Cripple Creek & Victor (CC&V) mine: An open-pit gold mine in Colorado, USA. Seabee mine: An underground gold mine in Saskatchewan, Canada. Puna operations: Located in the Jujuy province, Puna is the largest silver mine in ArgentinaPrivate Placement - Strategic Investment

It is proposed that SSR will become a strategic investor in the Company through the non-brokered private placement purchase of 9.9% of the Company's issued and outstanding common shares (calculated on a non-diluted basis, after giving effect to this share issuance) (the "Strategic Investment"). Consequently, under the Strategic Investment, the Company proposes to issue 13,518,353 common shares (the "Shares") to SSR at a price of CAD$0.40/share for total proceeds of CAD$5,407,341.20 (approx. US$3,917,370). The proceeds received from the Strategic Investment are proposed to be used as follows: (i) US$1.3 million will be used towards the remaining payment and work commitments owed by the Company to fully earn a 100% interest in the Dobbin Project; (ii) US$2.5 million will be available for unallocated general working capital of the Company; and (iii) the balance (approx. US$117,370) will be used for general working capital purposes relating to the Dobbin Project.

The Shares will be subject to a statutory hold period expiring four months and one day after their issuance, in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV"). In addition, SSR has agreed to voluntarily restrict the disposition of the Shares for a period of one (1) year from the closing date (the "Restricted Period"); provided that SSR may sell up to an aggregate of 500,000 Shares in any calendar month during the Restricted Period, upon prior written notice to Phenom. This limit is fixed for each month, and any undisposed Shares for a particular month will not be added to the next or any succeeding month's limit.

In conjunction with the Strategic Investment, it is proposed that the Company will grant to SSR, for so long as SSR holds a 4.9% or greater ownership interest in Phenom, the right, at the sole discretion of SSR, to maintain that level of ownership interest or to increase its ownership percentage up to a maximum of 19.9% of the outstanding Phenom shares, through participation and top-up rights.

The Strategic Investment is subject to the approval of the TSXV.

Sale of 15% Interest in Dobbin Project and Resulting JV

As part of the non-binding letter of intent ("LOI"), Phenom and SSR have also agreed upon a framework for the sale by Phenom of a 15% interest in the Dobbin Project to SSR for a further US$4,000,000.00, and the consequent joint venture arrangement to be carried on by the two companies in respect of the Dobbin Project. It is proposed that all funds paid by SSR to purchase its 15% interest will be used to advance the Dobbin Project. The LOI provides a binding two-year standstill provision and imposes standard confidentiality obligations on the parties.

The LOI also provides for a binding 30-day exclusivity period, during which time the parties have agreed to negotiate exclusively towards the execution of a definitive agreement relating to the Dobbin Project transaction. There can be no assurance that the parties will enter into a definitive agreement or that the proposed transactions will be completed. The Company will provide updates on the transactions if and when they become available.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.

About Phenom Resources Corp.
Phenom has 100% interest in the Carlin Gold-Vanadium Project, located six miles south from the town of Carlin, Nevada, and Highway I-80 in Elko County, which hosts the Carlin Vanadium deposit, North America's largest highest grade primary vanadium resource. The Company has 100% interest in Crescent Valley gold Project, a Bonanza high grade gold vein-type target and an IOCG target and options on two gold projects in Nevada - the Dobbin and King Solomon Properties, which are Carlin Gold-type targets.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking information
Certain statements in this news release constitute "forward-looking" statements. These statements relate to future events or the Company's future performance and include, but is not limited to, statements regarding the intended use of proceeds of the Offering, including funding work programs on the Company's exploration properties and for general working capital purposes, the receipt of final approval of the TSX Venture Exchange, and other statements that are not historical facts. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Not for distribution to United States newswire services or for dissemination in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299597

Source: Phenom Resources Corp.

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Gold and silver are eternally attractive metals, but lately they haven't been ideal investments. On recent declines in the prices of the two, SSR Mining (SSRM +3.46%) -- which mines both metals -- saw its stock price decrease by more than 3% on Tuesday.

The yield problem The rout in precious metals started last Friday, just after the federal government's Bureau of Labor Statistics released its latest monthly employment report. The striking feature of this digest was the 172,000 new jobs created in May, far higher than the consensus estimate of 80,000. Immediately, and understandably, this led to widespread speculation that the Federal Reserve is more likely to raise than cut interest rates in the near future.

Image source: Getty Images.

This triggered a sell-off in bonds, since higher rates mean higher interest paid on future issues. When a bond's price falls, its yield rises. That makes these yield-bearing investments especially attractive when compared to nonyielding investments -- gold and silver don't pay coupons, after all. Subject to that dynamic, precious metals have generally been on the downswing since Friday.

Broadly speaking, companies that mine precious and base metals are pure plays. What's more, mining is a capital-intensive activity with many fixed costs. Therefore, movements in gold/silver/etc. prices can and will disproportionately affect the performance of the SSR Minings of this world.

Today's Change

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27.23

Diminished shine Many might consider these latest price movements corrections, as both gold and silver had sustained bull runs that culminated in all-time highs at the beginning of this year. SSR Mining was indisputably a beneficiary of this, to the point where it has sufficient financial "padding" to withstand a downturn. Still, I think the possibility of rate hikes will rise, if anything, so now might be a good time for current stockholders to sell out of their positions.

Eric Volkman 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.