Why SSR Mining Stock Surged 45% in August
The gold stock is on a run after wiping out debt and bringing back its dividend. It just hit a 52-week high.
Overview
Gold mining is supposed to be a boring business. Dig rock out of the ground, sell it, repeat.
SSR Mining (NASDAQ: SSRM) turned that sleepy venture into one of the market's hottest trades in August, with shares surging 45.3%, according to data provided by S&P Global Market Intelligence.
Details
Two things drove the gold stock higher.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.