UBS Reiterates Buy Rating for SSRM, Sets $40 Price Target
UBS analyst George Eadie maintains a buy rating on SSRM with a target price of $40, a 40.94% upside from the current price.
Key Points
- UBS reiterated its buy rating for SSRM, setting a price target of $40 on June 30, 2026.
- UBS's $40 price target implies 40.94% upside from SSR Mining Inc.'s ($SSRM) current $28.38 share price.
- SSRM shares traded near $28.38 on Wednesday, with analysts maintaining a positive outlook.
- Insider transactions included sales by Executive Chairman Rodney Antal and other executives on April 1, 2026.
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On June 30, 2026, UBS analyst George Eadie reiterated a buy rating for SSRM, setting a price target of $40. This maintains UBS's positive stance on the company's future prospects.
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Other Institutional Activity in SSRM
Several major funds have adjusted their holdings in SSRM. Van Eck Associates Corp reduced its position by 2,053,348 shares, ending with 13,662,350 shares valued at approximately $401.67 million, marking a 13.1% decrease. BlackRock, Inc. also cut its stake by 265,111 shares, now holding 11,395,116 shares worth about $335.02 million, a 2.3% reduction. Meanwhile, Mirae Asset Global ETFs Holdings Ltd. decreased its holdings by 757,296 shares to 10,816,700 shares, valued at $317.72 million, a 6.5% decrease. Arrowstreet Capital, Limited Partnership trimmed its position by 83,614 shares, holding 6,630,786 shares valued at $194.89 million, a 1.2% decrease. In contrast, Vanguard Capital Management LLC opened a new position with 5,841,953 shares valued at $171.59 million.
SSR Mining Inc. Stock Down 23.9%
Shares of SSRM traded near $28.38 on Wednesday. The company has seen varied institutional activity, with some funds reducing their stakes while others are initiating new positions.
$SSRM price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at SSR Mining Inc.
On April 1, 2026, several insiders made transactions involving SSRM shares. Executive Chairman Rodney Antal sold 26,993 shares at an average price of $31.62. EVP of Human Resources Joanne Thomopoulos and another insider, John Ebbett, also sold shares at the same price. Meanwhile, insiders Alan Krusi, Karen Swager, and Thomas Bates Jr. purchased shares, though the exact transaction price was not specified.
Analysts Set New Price Targets
On June 30, 2026, UBS maintained its buy rating for SSRM with a $40 price target. Earlier in the month, on June 3, RBC Capital upgraded the stock to a buy with the same price target. The consensus among analysts remains optimistic, with a general recommendation to buy.
Bottom Line
UBS's reiteration of its buy rating and $40 target price for SSRM highlights continued confidence in the company's potential. Institutional investors have shown mixed activity, with some reducing their positions and others establishing new stakes. Insider transactions in early April provide additional context on internal sentiment. As always, it's important to remember that these analyst ratings and insider activities are backward-looking and may not represent current conditions.
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