- SSR Mining (TSX/NASDAQ:SSRM) has approved a US$500 million share buyback and is officially reinstating its quarterly dividend.
- The intermediate gold producer is active in Canada, Mexico, Turkey, Argentina and the United States.
- SSR Mining stock last traded at C$40.45 and has added 130.75 per cent year-over-year.
Gold producer SSR Mining (TSX/NASDAQ:SSRM) has approved a US$500 million share buyback and is officially reinstating its quarterly dividend.
This article is a journalistic opinion piece which has been written based on independent research. It is intended to inform investors and should not be taken as a recommendation or financial advice.
SSR’s Board of Directors expects to declare a cash dividend of US$0.03 per share aligned with its Q2 2026 results, complementing 12,277,476 shares currently available for repurchase under the company’s ongoing share buyback program expiring on March 30, 2027, which has seen it repurchase 9,224,713 shares to date.
According to Monday’s news release, the moves stem from the company’s strong free cash flow and overall balance sheet, which are expected to be further reinforced by the closing of the US$1.5 billion sale of the Çöpler mine, where a major landslide in 2024 took the lives of nine miners and ultimately resulted in the suspended dividend.
SSR produced 82,314 ounces of gold in Q1 2026, up from 75,869 ounces year-over-year, in addition to robust secondary silver, lead and zinc outputs, earning adjusted net income attributable to shareholders from continuing operations of US$250.1 million, up from US$88.4 million year-over-year, ending the quarter with more than US$1.1 billion in available liquidity to pursue M&A and growth initiatives across its portfolio.
Leadership commentary
“These additional capital returns build on the US$774 million we have returned to shareholders since 2021, including US$300 million in share repurchases completed in the second quarter of 2026,” Rod Antal, Executive Chairman of SSR Mining, said in a statement. “Year-to-date, our shareholder returns already represent a yield of approximately 5 per cent, before giving effect to the additional US$500 million authorization for share repurchases and the reinstatement of a quarterly dividend announced today. Together, these actions reinforce SSR Mining’s disciplined approach to capital allocation and commitment to delivering value to shareholders.”
About SSR Mining
SSR Mining is an intermediate gold producer active in Canada, Mexico, Turkey, Argentina and the United States. The company’s leadership team brings experience in project construction, open pit and underground mining, as well as processing through pressure oxidation, heap leach and flotation methodologies.
SSR Mining stock (TSX:SSRM) last traded at C$40.45 and has added 130.75 per cent year-over-year.
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