SSR Mining (SSRM) to Release Earnings on Wednesday

SSR Mining (NASDAQ:SSRM) (TSE:SSO) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

SSR Mining (NASDAQ:SSRM) (TSE:SSO) last announced its quarterly earnings results on Tuesday, February 27th. The basic materials company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.23. SSR Mining had a negative net margin of 6.87% and a positive return on equity of 6.27%. The firm had revenue of $425.90 million for the quarter. During the same period last year, the company posted $0.12 earnings per share. On average, analysts expect SSR Mining to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SSR Mining Trading Down 1.1 %

Shares of SSR Mining stock opened at $5.34 on Monday. The firm has a 50-day simple moving average of $4.72 and a two-hundred day simple moving average of $8.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.99 and a current ratio of 7.01. SSR Mining has a fifty-two week low of $3.76 and a fifty-two week high of $17.72. The company has a market cap of $1.08 billion, a P/E ratio of -10.47, a price-to-earnings-growth ratio of 1.65 and a beta of 0.76.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. TD Securities cut SSR Mining from a “buy” rating to a “hold” rating in a report on Wednesday, February 14th. National Bank Financial reissued a “sector perform spec overwgt” rating on shares of SSR Mining in a report on Monday, April 8th. TheStreet lowered shares of SSR Mining from a “c” rating to a “d” rating in a report on Wednesday, February 28th. Scotiabank downgraded shares of SSR Mining from a “sector outperform” rating to a “sector perform” rating in a report on Wednesday, February 14th. Finally, Desjardins lowered shares of SSR Mining from a “buy” rating to a “hold” rating in a research report on Wednesday, February 28th. Two equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, SSR Mining has a consensus rating of “Hold” and an average target price of $6.63.

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.