SSR Mining (SSRM) to Release Quarterly Earnings on Wednesday

SSR Mining (NASDAQ:SSRM - Get Free Report) TSE: SSO will be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect SSR Mining to post earnings of $0.20 per share for the quarter. Parties interested in registering for the company's conference call can do so using this link.

SSR Mining (NASDAQ:SSRM - Get Free Report) TSE: SSO last released its earnings results on Wednesday, July 31st. The basic materials company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. SSR Mining had a negative net margin of 39.15% and a positive return on equity of 5.01%. The business had revenue of $184.84 million during the quarter. On average, analysts expect SSR Mining to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SSR Mining Stock Performance

SSRM traded down $0.08 on Wednesday, hitting $6.31. 1,611,157 shares of the stock traded hands, compared to its average volume of 3,515,616. The business has a fifty day moving average price of $5.70 and a two-hundred day moving average price of $5.31. The company has a current ratio of 3.54, a quick ratio of 1.78 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $1.28 billion, a PE ratio of -2.70, a P/E/G ratio of 0.91 and a beta of 0.73. SSR Mining has a 52 week low of $3.76 and a 52 week high of $14.24.

Analyst Ratings Changes

Several research analysts recently commented on the company. UBS Group raised their target price on SSR Mining from $6.30 to $6.80 and gave the stock a "buy" rating in a research report on Tuesday, October 15th. CIBC raised their price objective on shares of SSR Mining from $5.50 to $5.75 and gave the stock a "neutral" rating in a report on Wednesday, July 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $7.01.

SSR Mining Company Profile

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.