SSR Mining Inc (SSRM) concluded trading on Wednesday at a closing price of $6.92, with 4.58 million shares of worth about $31.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.11% during that period and on December 18, 2024 the price saw a loss of about -4.55%. Currently the company’s common shares owned by public are about 202.11M shares, out of which, 200.20M shares are available for trading.
Stock saw a price change of -14.78% in past 5 days and over the past one month there was a price change of 22.91%. Year-to-date (YTD), SSRM shares are showing a performance of -35.69% which decreased to -36.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.76 but also hit the highest price of $11.35 during that period. The average intraday trading volume for SSR Mining Inc shares is 2.19 million. The stock is currently trading 6.22% above its 20-day simple moving average (SMA20), while that difference is up 12.35% for SMA50 and it goes to 29.14% higher than SMA200.
SSR Mining Inc (NASDAQ: SSRM) currently have 202.11M outstanding shares and institutions hold larger chunk of about 69.59% of that.
The stock has a current market capitalization of $1.40B and its 3Y-monthly beta is at 0.65. It has posted earnings per share of -$2.41 in the same period. It has Quick Ratio of 1.97 while making debt-to-equity ratio of 0.11. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SSRM, volatility over the week remained 4.82% while standing at 4.57% over the month.
Stock’s fiscal year EPS is expected to drop by -71.92% while it is estimated to increase by 164.04% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on February 22, 2024 offering a Neutral rating for the stock and assigned a target price range of between $17 and $5 to it. Coverage by RBC Capital Mkts stated SSR Mining Inc (SSRM) stock as an Underperform in their note to investors on February 20, 2024, suggesting a price target of $3 for the stock. Stock get a Sector perform rating from Scotiabank on February 14, 2024.
