FY2026 EPS Estimates for SSR Mining Increased by Analyst

SSR Mining Inc. (NASDAQ:SSRM - Free Report) TSE: SSO - Equities researchers at National Bank Financial increased their FY2026 earnings estimates for shares of SSR Mining in a research report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will post earnings of $2.57 per share for the year, up from their previous estimate of $1.95. National Bank Financial currently has a "Hold" rating on the stock. The consensus estimate for SSR Mining's current full-year earnings is $0.73 per share.

SSR Mining (NASDAQ:SSRM - Get Free Report) TSE: SSO last issued its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.08). The company had revenue of $323.19 million for the quarter, compared to the consensus estimate of $262.20 million. SSR Mining had a positive return on equity of 1.46% and a negative net margin of 26.24%.

SSRM has been the topic of several other reports. National Bankshares reissued a "sector perform" rating on shares of SSR Mining in a research report on Wednesday. CIBC boosted their price target on SSR Mining from $8.25 to $9.75 and gave the company a "neutral" rating in a research note on Wednesday, February 19th. Cormark raised shares of SSR Mining from a "hold" rating to a "moderate buy" rating in a research note on Tuesday. StockNews.com raised SSR Mining from a "sell" rating to a "hold" rating in a research report on Friday, January 17th. Finally, Royal Bank of Canada raised shares of SSR Mining from an "underperform" rating to a "sector perform" rating and upped their price objective for the company from $5.50 to $8.00 in a research note on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $10.03.

SSR Mining Stock Performance

Shares of NASDAQ:SSRM opened at $10.30 on Friday. The firm's 50 day simple moving average is $10.32 and its 200 day simple moving average is $8.07. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.70 and a quick ratio of 1.97. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of -7.98, a P/E/G ratio of 0.37 and a beta of 0.30. SSR Mining has a fifty-two week low of $4.32 and a fifty-two week high of $11.48.

Hedge Funds Weigh In On SSR Mining

Several hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC grew its stake in SSR Mining by 3.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 28,794 shares of the basic materials company's stock worth $289,000 after buying an additional 1,089 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of SSR Mining by 0.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 241,415 shares of the basic materials company's stock valued at $1,686,000 after acquiring an additional 1,200 shares in the last quarter. Xponance Inc. raised its holdings in SSR Mining by 9.3% in the 4th quarter. Xponance Inc. now owns 14,387 shares of the basic materials company's stock worth $100,000 after purchasing an additional 1,222 shares in the last quarter. CIBC Asset Management Inc lifted its holdings in SSR Mining by 0.5% in the fourth quarter. CIBC Asset Management Inc now owns 248,064 shares of the basic materials company's stock worth $1,729,000 after buying an additional 1,282 shares during the period. Finally, US Bancorp DE lifted its stake in shares of SSR Mining by 62.4% in the 4th quarter. US Bancorp DE now owns 3,540 shares of the basic materials company's stock valued at $25,000 after purchasing an additional 1,360 shares during the period. 68.30% of the stock is currently owned by hedge funds and other institutional investors.

About SSR Mining

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.

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