SSR Mining Inc (SSRM) concluded trading on Thursday at a closing price of $7.69, with 3.12 million shares of worth about $23.97 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 39.82% during that period and on January 16, 2025 the price saw a gain of about 3.92%. Currently the company’s common shares owned by public are about 202.11M shares, out of which, 199.62M shares are available for trading.
Stock saw a price change of 2.67% in past 5 days and over the past one month there was a price change of 3.36%. Year-to-date (YTD), SSRM shares are showing a performance of 10.49% which decreased to -24.46% 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 $10.24 during that period. The average intraday trading volume for SSR Mining Inc shares is 2.55 million. The stock is currently trading 7.44% above its 20-day simple moving average (SMA20), while that difference is up 17.51% for SMA50 and it goes to 36.72% higher than SMA200.
SSR Mining Inc (NASDAQ: SSRM) currently have 202.11M outstanding shares and institutions hold larger chunk of about 69.55% of that.
The stock has a current market capitalization of $1.56B and its 3Y-monthly beta is at 0.61. 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 4.49% while standing at 3.91% over the month.
Stock’s fiscal year EPS is expected to drop by -71.09% while it is estimated to increase by 153.78% 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.
