What is Cormark’s Estimate for SSR Mining Q1 Earnings?

SSR Mining Inc. (NASDAQ:SSRM) (TSE:SSO) – Research analysts at Cormark issued their Q1 2025 earnings estimates for shares of SSR Mining in a research report issued on Thursday, February 20th. Cormark analyst R. Gray anticipates that the basic materials company will post earnings of $0.27 per share for the quarter. The consensus estimate for SSR Mining’s current full-year earnings is $0.73 per share. Cormark also issued estimates for SSR Mining’s FY2025 earnings at $1.09 EPS and FY2026 earnings at $1.37 EPS.

SSR Mining (NASDAQ:SSRM) (TSE:SSO) last released its earnings results on Tuesday, February 18th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.08). SSR Mining had a negative net margin of 26.24% and a positive return on equity of 1.46%. The company had revenue of $323.19 million for the quarter, compared to analyst estimates of $262.20 million.

Other research analysts also recently issued research reports about the stock. StockNews.com upgraded shares of SSR Mining from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. CIBC boosted their target price on shares of SSR Mining from $8.25 to $9.75 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. UBS Group boosted their price target on shares of SSR Mining from $7.15 to $12.05 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Finally, Royal Bank of Canada upgraded shares of SSR Mining from an “underperform” rating to a “sector perform” rating and boosted their price target for the company from $5.50 to $8.00 in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $9.93.

SSR Mining Stock Up 2.3 %

SSR Mining stock opened at $10.47 on Monday. The company has a quick ratio of 1.97, a current ratio of 4.70 and a debt-to-equity ratio of 0.08. SSR Mining has a 12-month low of $3.90 and a 12-month high of $10.91. The firm’s fifty day moving average is $8.01 and its 200 day moving average is $6.58. The company has a market capitalization of $2.12 billion, a PE ratio of -8.12, a PEG ratio of 0.37 and a beta of 0.62.

Institutional Trading of SSR Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of SSRM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of SSR Mining by 21.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,079,816 shares of the basic materials company’s stock worth $70,265,000 after acquiring an additional 1,802,821 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of SSR Mining by 53.9% in the 4th quarter. Federated Hermes Inc. now owns 3,671,138 shares of the basic materials company’s stock worth $25,551,000 after acquiring an additional 1,285,347 shares in the last quarter. Cibc World Market Inc. grew its stake in shares of SSR Mining by 22.1% in the 4th quarter. Cibc World Market Inc. now owns 3,730,876 shares of the basic materials company’s stock worth $25,967,000 after acquiring an additional 674,793 shares in the last quarter. Two Sigma Advisers LP grew its stake in shares of SSR Mining by 16.2% in the 3rd quarter. Two Sigma Advisers LP now owns 3,320,384 shares of the basic materials company’s stock worth $18,860,000 after acquiring an additional 462,000 shares in the last quarter. Finally, Tidal Investments LLC grew its stake in shares of SSR Mining by 14.7% in the 4th quarter. Tidal Investments LLC now owns 3,174,367 shares of the basic materials company’s stock worth $22,094,000 after acquiring an additional 407,920 shares in the last quarter. Institutional investors own 68.30% of the company’s stock.

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.