Apr. 6 at 11:51 PM
$SSRM
After reading these comments, i'm really glad I did double up.
Buying back your own stock when gold is 4000 to 5000, gives me a solid faith in this one. If AEM can run 800 too 900% above 2006 to 2023 trade range... SSRM ?? Well... look at a 20 yr chart.
Thought I would get AI to give an opinion
Scenario 1: Gold =
$4.X,000
What happens:
Massive margin expansion
Free cash flow explodes
Market rerates miners (higher multiples)
Realistic SSRM outcome:
EPS could 2.5–4x
Valuation multiple expands (from ~6–8x → 8–12x)
👉 Price target:
$55 –
$80
If sentiment gets hot (gold bull mania): 👉 spikes to
$90+
Scenario 2: Gold =
$5,000
Now you’re in a full macro panic / currency crisis / massive inflation world
What happens:
Mining stocks become “must-own”
Institutions pile in
Retail FOMO kicks in
Buybacks + dividends explode
Realistic SSRM outcome:
Earnings could be 4–6x current
Multiples expand further (10–15x)
👉 Price target:
$80 –
$120
In a mania (like 2011 )
$130/
$160
