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https://www.zacks.com/stock/news/917291/ssr-mining-ssrm-earnings-...

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manjapra

439 Posts.

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11/05/20

23:12

Post #: 44561977
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Originally posted by Bunter62: ↑

At first glance I don't like it. Two of three SSR mines are currently closed due to the Coronavirus. They have a high grade mine in Canada but limited LOM. Also a low grade mine in the US with a long mine life. Have 500 mill in cash and about 280 mill debt. Fortunately they are retaining AQG CEO Rod Antal. The redeeming feature of the merger is the geographical diversity it brings. That will help with currency as AQG has been getting killed with the Turkish lira. Also there is a huge undeveloped silver deposit in Mexico. I'm talking 500 million oz.

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https://www.zacks.com/stock/news/917291/ssr-mining-ssrm-earnings-expected-to-grow-what-to-know-ahead-of-next-weeks-release

AQG Price at posting: $8.88 Sentiment: Buy Disclosure: Held
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