Condire Management, LP, sold all its SSR Mining stock. All of it. 3,353,891 shares, to be precise. About $81.90 million worth, give or take. It’s just numbers, really. Like counting grains of sand on a beach that will, eventually, be underwater. So it goes.
They had a stake, then they didn’t. That’s how things work in the markets. A fund buys, a fund sells. A man is born, a man dies. It’s all the same rhythm, if you listen closely. Now Condire reports zero shares. Zero. A clean slate. A quiet exit.
As of February 17, 2026, SSR Mining was trading at $25.91. Up 183% in a year. Outperforming the S&P 500 by a considerable margin. Which means someone made money. And someone else, presumably, paid for it. It always works that way.
Their top holdings now? Well, that’s another story. NGD at $238.98 million. IAUX at $117.15 million. ODV, SBSW, VAL… More numbers. More bets. More hope. Or maybe just more desperation. It’s hard to tell the difference these days.
SSR Mining, for those keeping track, digs up gold, silver, copper, lead, and zinc. In Turkey, the United States, Canada, and Argentina. They used to be called Silver Standard Resources. A name change doesn’t change the earth, though. The rocks remain. The metal remains. And the fundamental absurdity of it all remains.
Here’s a table of vital signs, if you’re into that sort of thing:
| Metric | Value |
|---|---|
| Price (Feb 17, 2026) | $25.91 |
| Market Capitalization | $5.36 billion |
| Revenue (TTM) | $1.63 billion |
| Net Income (TTM) | $398.5 million |
They’re the third-largest gold producer in the U.S. Which means their fate is tied to the price of shiny metal. When gold goes up, so does SSR Mining. It’s a simple equation, really. A predictable dance. Condire, it seems, cashed in their chips after a particularly good run. The stock rallied 215% in the year through December 31, 2025. Smart move, perhaps. Or just lucky. It’s often hard to say.
But here’s the thing. The stock kept going up. Nearly 38% year to date as of this writing. They released their numbers on February 17th, and they were… optimistic. Projecting a 10% rise in gold equivalent ounce production for 2026. Strong free cash flow. A $300 million share repurchase program. All good signs, on paper.
So, what does it all mean? Well, it means this: Just because a big fund sells its stock doesn’t mean you should panic. Or celebrate. It just means they made a decision. Based on their own calculations. Their own fears. Their own hopes. It doesn’t mean the world is ending. Or beginning. It just means… something happened. And so it goes.
Read More
- 2025 Crypto Wallets: Secure, Smart, and Surprisingly Simple!
- Gold Rate Forecast
- Brown Dust 2 Mirror Wars (PvP) Tier List – July 2025
- Wuchang Fallen Feathers Save File Location on PC
- Banks & Shadows: A 2026 Outlook
- The 10 Most Beautiful Women in the World for 2026, According to the Golden Ratio
- Gemini’s Execs Vanish Like Ghosts-Crypto’s Latest Drama!
- HSR 3.7 breaks Hidden Passages, so here’s a workaround
- QuantumScape: A Speculative Venture
- ETH PREDICTION. ETH cryptocurrency
2026-02-22 20:14