SSR Mining Inc. (TSE:SSRM - Get Free Report) shares dropped 1.6% on Friday . The company traded as low as C$14.90 and last traded at C$14.99. Approximately 200,891 shares changed hands during trading, a decline of 59% from the average daily volume of 494,698 shares. The stock had previously closed at C$15.23.
Analysts Set New Price Targets
A number of brokerages have issued reports on SSRM. National Bankshares upped their target price on SSR Mining from C$14.25 to C$18.00 and gave the stock a "sector perform" rating in a research report on Wednesday, March 19th. TD Securities upped their target price on shares of 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 Price Performance
The company has a quick ratio of 3.80, a current ratio of 3.91 and a debt-to-equity ratio of 11.04. The firm has a market capitalization of C$2.08 billion, a P/E ratio of -4.29, a PEG ratio of 5.64 and a beta of 0.94. The stock has a fifty day moving average of C$14.58 and a 200-day moving average of C$11.28.
Insider Transactions at SSR Mining
In other SSR Mining news, Director Rod Antal sold 52,076 shares of the company's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$14.09, for a total value of C$733,750.84. Also, Senior Officer Michael John Sparks sold 13,055 shares of the firm's stock in a transaction 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 owned by company insiders.
About SSR Mining
(
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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.
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