Free Trial

SSR Mining (TSE:SSRM) Sets New 1-Year High - Still a Buy?

SSR Mining logo with Basic Materials background
Remove Ads

SSR Mining Inc. (TSE:SSRM - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as C$15.48 and last traded at C$15.18, with a volume of 120238 shares traded. The stock had previously closed at C$14.73.

Wall Street Analysts Forecast Growth

Separately, TD Securities increased their target price on SSR Mining from C$11.00 to C$13.00 and gave the company a "hold" rating in a research note on Wednesday, February 19th.

Get Our Latest Stock Report on SSRM

SSR Mining Trading Up 1.9 %

The firm has a market capitalization of C$2.24 billion, a price-to-earnings ratio of -4.61, a PEG ratio of 5.64 and a beta of 0.94. The business's 50-day moving average price is C$12.84 and its 200 day moving average price is C$9.94. The company has a debt-to-equity ratio of 11.04, a current ratio of 3.91 and a quick ratio of 3.80.

Insider Buying and Selling

In other SSR Mining news, Director Rod Antal sold 52,076 shares of the firm's stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$14.09, for a total transaction of C$733,750.84. Also, Senior Officer Michael John Sparks sold 13,055 shares of SSR Mining stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$14.09, for a total value of C$183,944.95. 0.91% of the stock is currently owned by insiders.

About SSR Mining

(Get Free Report)

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina.

See Also

Should You Invest $1,000 in SSR Mining Right Now?

Before you consider SSR Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SSR Mining wasn't on the list.

While SSR Mining currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Quantum Stocks Are Heating Up Again — 7 to Watch Now

Quantum Stocks Are Heating Up Again — 7 to Watch Now

After a brief dip earlier this year, fresh momentum has reignited interest; from penny plays to tech giants, these quantum stocks could lead the next surge.

Related Videos

Is There Still Money in AI? How to Invest in the Next Big Wave
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
Elon Musk’s First 100 Days of DOGE: 3 AI Stocks Ready to Soar

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads