SSR Mining Inc. (NASDAQ:SSRM – Free Report) (TSE:SSO) – Equities research analysts at National Bank Financial increased their FY2026 EPS estimates for SSR Mining in a research note issued to investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will post earnings per share of $2.57 for the year, up from their previous estimate of $1.95. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for SSR Mining’s current full-year earnings is $0.73 per share.
SSR Mining (NASDAQ:SSRM – Get Free Report) (TSE:SSO) last released its quarterly 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). The firm had revenue of $323.19 million during the quarter, compared to analysts’ expectations of $262.20 million. SSR Mining had a positive return on equity of 1.46% and a negative net margin of 26.24%.
Get Our Latest Analysis on SSRM
SSR Mining Trading Down 0.5 %
Shares of NASDAQ:SSRM opened at $10.25 on Friday. The stock’s 50-day simple moving average is $10.34 and its two-hundred day simple moving average is $8.11. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of -7.95, a PEG ratio of 0.37 and a beta of 0.30. SSR Mining has a 52-week low of $4.32 and a 52-week high of $11.48. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.97 and a current ratio of 4.70.
Institutional Investors Weigh In On SSR Mining
A number of institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of SSR Mining by 21.8% in the fourth 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 during the period. Federated Hermes Inc. boosted its stake in 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 purchasing an additional 1,285,347 shares during the period. Cibc World Market Inc. grew its holdings in SSR Mining by 22.1% during the 4th quarter. Cibc World Market Inc. now owns 3,730,876 shares of the basic materials company’s stock valued at $25,967,000 after buying an additional 674,793 shares in the last quarter. Tidal Investments LLC raised its position in shares of SSR Mining by 14.7% during the fourth quarter. Tidal Investments LLC now owns 3,174,367 shares of the basic materials company’s stock valued at $22,094,000 after buying an additional 407,920 shares during the last quarter. Finally, Voloridge Investment Management LLC lifted its holdings in shares of SSR Mining by 22.2% in the fourth quarter. Voloridge Investment Management LLC now owns 2,203,900 shares of the basic materials company’s stock worth $15,339,000 after buying an additional 399,806 shares in the last quarter. Hedge funds and other institutional investors own 68.30% of the company’s stock.
SSR Mining Company Profile
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.
Recommended Stories
- Five stocks we like better than SSR Mining
- Stock Market Upgrades: What Are They?
- Short Sellers Gave Up on These 3 Names Recently
- Insider Selling Explained: Can it Inform Your Investing Choices?
- 3 Boring Stocks Outperforming the Market This Year
- Following Congress Stock Trades
- If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy
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.