Currently, SSR Mining Inc [SSRM] is trading at $10.72, up 0.19%. 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 8.17% over the last week, with a monthly amount glided 16.27%, 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.
This stock has fluctuated between a low of $3.90 and a high of $10.91 over the last 52 weeks. 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 $10.72 at the most recent close of the market. An investor can expect a potential drop of -39.46% based on the average SSRM price forecast.
Analyzing the SSRM fundamentals
Trailing Twelve Months sales for SSR Mining Inc [NASDAQ:SSRM] were 995.62M which represents -24.12% decline. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.34%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.08 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
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 10.60 points at the first support level, and at 10.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.81, and for the 2nd resistance point, it is at 10.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SSR Mining Inc [NASDAQ:SSRM] is 4.70. As well, the Quick Ratio is 2.58, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 0.70.
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.
