Shares of SSR Mining Inc. (NASDAQ:SSRM – Get Free Report) (TSE:SSO) have been given a consensus rating of “Reduce” by the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $6.63.
A number of equities research analysts have weighed in on SSRM shares. CIBC downgraded SSR Mining from a “sector outperform” rating to a “neutral” rating and reduced their target price for the company from $18.50 to $6.00 in a report on Wednesday, February 14th. Desjardins cut shares of SSR Mining from a “buy” rating to a “hold” rating in a report on Wednesday, February 28th. National Bank Financial reaffirmed a “sector perform spec overwgt” rating on shares of SSR Mining in a report on Monday, April 8th. TD Securities lowered shares of SSR Mining from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th. Finally, UBS Group cut shares of SSR Mining from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $17.00 to $5.00 in a research note on Thursday, February 22nd.
View Our Latest Stock Report on SSRM
Institutional Trading of SSR Mining
SSR Mining Trading Up 0.9 %
Shares of SSR Mining stock opened at $5.52 on Tuesday. SSR Mining has a 1 year low of $3.76 and a 1 year high of $17.72. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -10.82, a P/E/G ratio of 1.65 and a beta of 0.82. The business has a fifty day simple moving average of $4.62 and a two-hundred day simple moving average of $8.87. The company has a debt-to-equity ratio of 0.07, a current ratio of 7.01 and a quick ratio of 3.99.
SSR Mining (NASDAQ:SSRM – Get Free Report) (TSE:SSO) last released its quarterly earnings results on Tuesday, February 27th. The basic materials company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.23. SSR Mining had a positive return on equity of 6.27% and a negative net margin of 6.87%. The business had revenue of $425.90 million during the quarter. During the same period in the previous year, the business posted $0.12 earnings per share. Research analysts forecast that SSR Mining will post 0.18 EPS for the current year.
About SSR Mining
SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.
Read More
- Five stocks we like better than SSR Mining
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Hasbro’s Management Made All the Right Calls This Quarter
- Pros And Cons Of Monthly Dividend Stocks
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- High Flyers: 3 Natural Gas Stocks for March 2022
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for SSR Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSR Mining and related companies with MarketBeat.com's FREE daily email newsletter.