11:07 AM EDT, 06/16/2025 (MT Newswires) -- (Adds analyst comment and updates shares.)

SSR Mining ( SSRGF ) on Monday said it restarted operations at the Seabee mine in Saskatchewan on Friday evening.

Work at the mine was suspended for about two weeks due to temporary power interruptions caused by forest fires to the north of the mine.

Power supply has been fully restored and there was no damage to the site, the miner said.

National Bank of Canada maintained its sector-perform rating and $19 price target on the company's shares as operations at Seabee resume.

As SSR reported no damage to the mine from forest fires, the update had no impact on the bank's NAV estimate for the company.

SSR shares were last seen down $0.20 to $17.12 on the Toronto Stock Exchange.

Price: 17.11, Change: -0.21, Percent Change: -1.21