At the time of writing, SSR Mining Inc [SSRM] stock is trading at $9.01, down -1.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SSRM shares have gain 12.20% over the last week, with a monthly amount glided 26.19%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
SSR Mining Inc [NASDAQ: SSRM] stock has seen the most recent analyst activity on February 05, 2025, when RBC Capital Mkts upgraded its rating to a Sector Perform and also boosted its price target to $8 from $5.50. Previously, UBS downgraded its rating to Neutral on February 22, 2024, and dropped its price target to $5. On February 20, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $3 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and decreased its price target to $6 on February 15, 2024. TD Securities downgraded its rating to a Hold. Scotiabank downgraded its rating to Sector Perform for this stock on February 14, 2024. In a note dated February 14, 2024, CIBC downgraded an Neutral rating on this stock and revised its target price from $18.50 to $6.
For the past year, the stock price of SSR Mining Inc fluctuated between $3.76 and $9.82. Currently, Wall Street analysts expect the stock to reach $6.49 within the next 12 months. SSR Mining Inc [NASDAQ: SSRM] shares were valued at $9.01 at the most recent close of the market. An investor can expect a potential drop of -27.97% based on the average SSRM price forecast.
Analyzing the SSRM fundamentals
According to SSR Mining Inc [NASDAQ:SSRM], the company’s sales were 1.10B for trailing twelve months, which represents an -33.22% plunge. Gross Profit Margin for this corporation currently stands at 0.0% with Operating Profit Margin at -0.17%, Pretax Profit Margin comes in at -0.63%, and Net Profit Margin reading is -0.44%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.16 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.87 points at the first support level, and at 8.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.26, and for the 2nd resistance point, it is at 9.52.
Ratios To Look Out For
It is important to note that SSR Mining Inc [NASDAQ:SSRM] has a current ratio of 3.91. As well, the Quick Ratio is 1.97, while the Cash Ratio is 1.31. Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 0.59.
Transactions by insiders
Recent insider trading involved MacNevin William K., EVP, Ops & Sustainability, that happened on Jan 03 ’25 when 6722.0 shares were sold. EVP, Growth and Innovation, Ebbett John completed a deal on Mar 07 ’24 to sell 2076.0 shares.
