SSR Mining (TSE:SSRM) Trading Down 6% – What’s Next?

SSR Mining Inc. (TSE:SSRMGet Free Report)’s share price fell 6% during mid-day trading on Wednesday . The stock traded as low as C$38.39 and last traded at C$39.89. Approximately 486,721 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 515,810 shares. The stock had previously closed at C$42.44.

SSR Mining Stock Performance

The stock has a 50-day moving average of C$41.77 and a 200 day moving average of C$38.86. The company has a debt-to-equity ratio of 1.88, a current ratio of 5.33 and a quick ratio of 3.80. The stock has a market capitalization of C$8.28 billion, a price-to-earnings ratio of 37.99, a price-to-earnings-growth ratio of 5.64 and a beta of 1.37.

SSR Mining (TSE:SSRMGet Free Report) last released its earnings results on Tuesday, May 5th. The company reported C$1.60 earnings per share (EPS) for the quarter. SSR Mining had a net margin of 12.26% and a return on equity of 6.80%. The company had revenue of C$581.78 million for the quarter. On average, analysts expect that SSR Mining Inc. will post 0.8051668 EPS for the current year.

About SSR Mining

(Get Free Report)

SSR Mining Inc is an intermediate gold company with assets located in four jurisdictions: the USA, Türkiye, Canada, and Argentina. These assets are located within several of the world’s most prolific precious metal districts including the Çöpler mine along the Tethyan belt in Türkiye; the Marigold mine along the Battle Mountain-Eureka trend in Nevada, USA; the CC&V mine in the Cripple Creek Mining District of Colorado, USA; the Seabee mine along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna mine along the Bolivian silver belt in Jujuy, Argentina.

Further Reading

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