Hillsdale Invests $42.45 Million in SSR Mining Amid Strong Gold Performance

Hillsdale Investment Management has increased its position in SSR Mining by acquiring 1,738,825 shares, valued at approximately $42.45 million. This move brings SSR Mining to 1.28% of Hillsdale's reportable AUM, outside its top five holdings. SSR Mining produces and sells gold, silver, copper, lead, and zinc from operations in Turkey, the US, Canada, and Argentina, with gold as the primary revenue driver. The company operates a diversified portfolio of precious metal mines across multiple jurisdictions and serves a global customer base. Hillsdale's decision to add more than $40 million to its SSR Mining stake suggests the company's fundamentals are strengthening and the market may still be behind the curve.