Looking back, 2025 was a bombastic year for gold, and, by extension, gold miners. The first half of 2026, as we’ve seen, less so.
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The only problem is that it can be a bit difficult to identify those high-quality businesses: the ones you can count on to execute both well and wisely.
Well, I believe that one stock in particular — the one I'm sharing in this article— is one of those. There are a couple of reasons why, but the most important factor is the fundamentals.
Our in-house system rates 4,600 stocks on a daily basis through the lens of 115 fundamental factors. The stocks that rank in the top 5% are given a Zen Rating of A, and stocks of that caliber have provided an average annual return of 28.5% per year.
This stock clears that bar — right now, it’s in the top 2% of everything we track for overall fundamentals.
Ready to discover the ticker? Here it is…
SSR Mining (NASDAQ: SSRM)

And that fundamental profile is quite balanced — the strength here isn’t concentrated in just a few areas.
The Sentiment rating, our smart money indicator, clocks in at the top 23%. The panel of Wall Street analysts who track the stock lines up with this. The average 12-month price forecast currently sits at about $42, which would imply an upside of 38%. The Street-high forecast of $48 implies an upside of more than 55%, and even the lowest estimate on the Street corresponds to a 27% upside.

Next up, we have the Safety rating, which tracks volatility over time, the consistency of revenue inflows, and the predictability of a company’s earnings. SSR Mining is in the top 23% there, which is exactly what you want to see if you’re in the position we’re in: looking for those miners that are going to do the right thing with 2025’s windfall.
When it comes to both Momentum and Financials, SSRM is in the top 28%. Despite the situation with gold prices, the stock is still up 42% on the year-to-date (YTD) chart. As for the balance sheet, margins have increased from 7.8% to 12.2% in the past year, and the debt-to-equity ratio of 0.42 is another point in the stock’s favor on that front.
Now we come to the big fish — Growth and Value. Top 17% for the former, top 8% for the latter.
Earnings are forecast to grow by 63.3% per year, almost three times the pace of the industry.

And the valuation relative to growth prospects is more than appealing. The price-to-earnings growth (PEG) ratio stands at 0.43x, indicating that SSRM is significantly undervalued.
That covers the fundamental case, but I also wanna touch on some recent developments that make SSRM interesting. Back in June, management announced a $500 million share buyback, which puts a soft floor under the stock, and they reinstated a dividend.
There are also some operational maneuvers that seem quite prudent. The business is shifting toward a cleaner, Americas-focused gold and silver producer. The sale of their Çöpler mine in Türkiye netted the business roughly $1.5 billion, which covers both the buyback and leaves them in a much stronger cash position.
In addition, SSR sold its 20% ownership stake in the Hod Maden project, and got an uncapped 4% net smelter return royalty on 100% of the project. To translate that into regular old English, they get future upside from that asset, without having to do the capital-intensive stuff — managing the development and construction, etc.
On the whole, I really like what I’m seeing. Strong fundamentals, sure, but more than that, competent management with a clear vision: simply the portfolio, focus on core competencies, return capital to shareholders, strengthen the balance sheet, and don’t take on unnecessary risk.
—> Click here to research SSRM
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