Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $12.36 in the prior trading day, SSR Mining Inc (NASDAQ: SSRM) closed at $12.4, up 0.32%. In other words, the price has increased by $0.32 from its previous closing price. On the day, 2.52 million shares were traded. SSRM stock price reached its highest trading level at $12.4699 during the session, while it also had its lowest trading level at $12.11.
Ratios:
Our goal is to gain a better understanding of SSRM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.85 and its Current Ratio is at 3.95. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
On February 05, 2025, RBC Capital Mkts Upgraded its rating to Sector Perform which previously was Underperform and also upped its target price recommendation from $5.50 to $8.
UBS Downgraded its Buy to Neutral on February 22, 2024, whereas the target price for the stock was revised from $17 to $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 03 ’25 when MacNevin William K. sold 6,722 shares for $7.16 per share. The transaction valued at 48,130 led to the insider holds 265,711 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SSRM now has a Market Capitalization of 2514447104 and an Enterprise Value of 3356654848. As of this moment, SSR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.09, and their Forward P/E ratio for the next fiscal year is 5.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 3.102 whereas that against EBITDA is 6.193.
Stock Price History:
The Beta on a monthly basis for SSRM is -0.13, which has changed by 1.7312775 over the last 52 weeks, in comparison to a change of 0.111126065 over the same period for the S&P500. Over the past 52 weeks, SSRM has reached a high of $13.46, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is 8.21%, while the 200-Day Moving Average is calculated to be 45.02%.
Shares Statistics:
The stock has traded on average 2.71M shares per day over the past 3-months and 3443000 shares per day over the last 10 days, according to various share statistics. A total of 202.54M shares are outstanding, with a floating share count of 200.15M. Insiders hold about 1.29% of the company’s shares, while institutions hold 68.00% stake in the company. Shares short for SSRM as of 1748563200 were 6738254 with a Short Ratio of 2.49, compared to 1745971200 on 7334927. Therefore, it implies a Short% of Shares Outstanding of 6738254 and a Short% of Float of 3.34.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of SSR Mining Inc (SSRM) is currently drawing attention from 3.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.39, with high estimates of $0.53 and low estimates of $0.2.
Analysts are recommending an EPS of between $1.86 and $0.91 for the fiscal current year, implying an average EPS of $1.22. EPS for the following year is $2.07, with 8.0 analysts recommending between $3.68 and $0.74.
Revenue Estimates
2 analysts predict $365.37M in revenue for the current quarter. It ranges from a high estimate of $378.97M to a low estimate of $351.77M. As of the current estimate, SSR Mining Inc’s year-ago sales were $184.84MFor the next quarter, 2 analysts are estimating revenue of $413.89M. There is a high estimate of $439.17M for the next quarter, whereas the lowest estimate is $388.6M.
A total of 4 analysts have provided revenue estimates for SSRM’s current fiscal year. The highest revenue estimate was $1.61B, while the lowest revenue estimate was $1.42B, resulting in an average revenue estimate of $1.48B. In the same quarter a year ago, actual revenue was $995.62MBased on 4 analysts’ estimates, the company’s revenue will be $1.84B in the next fiscal year. The high estimate is $2.08B and the low estimate is $1.53B.
