10 Best Small-Cap Gold Mining Stocks to Buy Now

5. SSR Mining Inc. (NASDAQ:SSRM)

Number of Hedge Fund Holders: 21

SSR Mining Inc. (NASDAQ:SSRM) is a global producer of gold and silver with its key sites in the U.S., Canada, Argentina, and Turkey. The assets include Marigold, Seabee, Puna, and the newly bought Cripple Creek & Victor Mine.

The company’s 2024 financial results showed varying trends. Q4 brought in $95 million in operating cash flow and $56 million in free cash flow. Accordingly, SSR Mining Inc. (NASDAQ:SSRM) ended the year with $388 million in cash and $887 million in total liquidity. However, the full year showed a net loss of $261.3 million, mostly due to $272.9 million in reclamation and remediation from the Çopler incident. Thus, the adjusted net income stayed at $57.6 million instead, indicating a decent performance of its key assets.

Production was steady in 2024 despite many technical obstacles. SSR Mining Inc. (NASDAQ:SSRM) produced 399,267 gold equivalent ounces, with Puna hitting a record 10.5 million silver ounces. Marigold met its targets with 168,262 ounces. Seabee beat revised estimates despite a 50-day shutdown from wildfire. The Çopler’s suspension costed $36 million in Q4 maintenance, leaving a negative impact on profits.

Moving forward, SSR Mining Inc. (NASDAQ:SSRM) aims for growth amid these challenges. The CC&V acquisition and the Hod Maden project’s advancement toward the construction phase boost SSR’s gold portfolio. The company is also working toward converting resources at Marigold and Puna to support its long-term growth.

While Çopler’s restart remains unclear as talks continue with Turkish regulators, SSR Mining has strengthened its position with strong financial health and strategic asset advancements. Despite setbacks, the company is set for long-term growth, making it to our list of the best gold stocks to buy.