SSR Mining (TSE:SSRM – Get Free Report) had its price target decreased by analysts at National Bank Financial from C$68.00 to C$65.00 in a report issued on Thursday, BayStreet reports. The firm currently has an “outperform” rating on the stock. National Bank Financial‘s target price would suggest a potential upside of 67.79% from the stock’s current price.
Several other research analysts have also issued reports on SSRM. TD set a C$52.00 target price on shares of SSR Mining and gave the stock a “buy” rating in a research note on Thursday, October 1st. ATB Cormark Capital Markets raised their price target on shares of SSR Mining from C$59.00 to C$64.00 and gave the stock an “outperform” rating in a report on Thursday, October 1st. Five analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$55.00.
Get Our Latest Stock Report on SSR Mining
SSR Mining Trading Down 1.4%
SSRM traded down C$0.54 during trading on Thursday, hitting C$38.74. The company’s stock had a trading volume of 390,103 shares, compared to its average volume of 479,420. The firm has a market capitalization of C$8.38 billion, a P/E ratio of 34.90, a PEG ratio of 5.64 and a beta of 1.59. SSR Mining has a twelve month low of C$27.53 and a twelve month high of C$54.50. The stock’s fifty day moving average price is C$47.28 and its 200-day moving average price is C$42.12. The company has a quick ratio of 3.80, a current ratio of 7.53 and a debt-to-equity ratio of 0.07.
SSR Mining (TSE:SSRM – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported C$0.91 EPS for the quarter. The company had revenue of C$637.29 million during the quarter. SSR Mining had a net margin of 12.77% and a return on equity of 7.47%. Analysts anticipate that SSR Mining will post 0.81 EPS for the current year.
SSR Mining Company Profile
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
- Five stocks we like better than SSR Mining
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
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.
