Free Trial

SSR Mining (SSRM) Stock Forecast & Price Target

SSR Mining logo
$5.73 -0.07 (-1.21%)
(As of 11/20/2024 ET)

SSR Mining - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
4
Buy
1

Based on 6 Wall Street analysts who have issued ratings for SSR Mining in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for SSRM.

Consensus Price Target

$5.18
-9.54% Downside
According to the 6 analysts' twelve-month price targets for SSR Mining, the average price target is $5.18. The highest price target for SSRM is $6.80, while the lowest price target for SSRM is $3.00. The average price target represents a forecasted downside of -9.54% from the current price of $5.73.
Get the Latest News and Ratings for SSRM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for SSR Mining and its competitors.

Sign Up

SSRM Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$5.18$7.01$6.89$16.10
Forecasted Upside-9.54% Downside7.39% Upside22.99% Upside42.98% Upside
Consensus Rating
Hold
Reduce
Reduce
Moderate Buy

SSRM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

SSRM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

SSR Mining Stock vs. The Competition

TypeSSR MiningBasic Materials CompaniesS&P 500
Consensus Rating Score
2.00
2.76
2.50
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-9.54% Downside123.41% Upside9.81% Upside
News Sentiment Rating
Neutral News

See Recent SSRM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/15/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$6.30 ➝ $6.80+20.57%
7/10/2024CIBC
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$5.50 ➝ $5.75+18.07%
4/8/2024National Bank Financial
5 of 5 stars
M. Parkin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingSector Perform Spec Overwgt
2/28/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
J. Egilo
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Hold
2/20/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSector Perform ➝ Underperform$6.00 ➝ $3.00-38.90%
2/14/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeSector Outperform ➝ Sector Perform
2/14/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
11/20/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Underperform$17.00 ➝ $12.50+7.30%
2/14/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$23.00 ➝ $19.00+32.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:47 AM ET.


SSRM Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for SSR Mining is $5.18, with a high forecast of $6.80 and a low forecast of $3.00.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SSRM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SSRM, but not buy additional shares or sell existing shares.

According to analysts, SSR Mining's stock has a predicted downside of -9.54% based on their 12-month stock forecasts.

SSR Mining has been rated by research analysts at UBS Group in the past 90 days.

Analysts like SSR Mining less than other "basic materials" companies. The consensus rating for SSR Mining is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how SSRM compares to other companies.


This page (NASDAQ:SSRM) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners