5 Best Junior Silver Mining Stocks

4. SSR Mining Inc. (NASDAQ:SSRM)

Number of Hedge Fund Holders: 15

SSR Mining Inc. (NASDAQ:SSRM) is a mining company that owns the biggest silver mine in Argentina. The operations of the Vancouver, Canada-based corporation are spread across the Americas and Turkey through its four mines.

SSR Mining Inc. (NASDAQ:SSRM) received a boost on September 22 after the Turkish regulatory authorities gave the company a green signal to restart operations at the Copler gold mine. SSR Mining Inc. (NASDAQ:SSRM) stock price plummeted by 11% in June 2022 after the company reported a minor cyanide leak at its facilities. The company utilized the downtime by going through a maintenance activity that was planned for Q4 2022. As a result, there will be no downtime for the facilities due to maintenance activity for the rest of this year. SSR Mining Inc. (NASDAQ:SSRM) has an annual forward dividend yield of 2.06% as of September 28.

Palm Valley Capital Management shared its outlook on SSR Mining Inc. (NASDAQ:SSRM) in its Q4 2021 investor letter. Here’s what the firm said:

“During the fourth quarter we took advantage of weakness in the precious metal and energy sectors to acquire two small new positions that we believe are selling at attractive prices relative to their strong, asset heavy balance sheets. During the quarter we sold SSR Mining (ticker: SSRM). We exited SSR Mining after the shares appreciated above our fair value estimate.”