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After finishing at $5.70 in the prior trading day, SSR Mining Inc (NASDAQ: SSRM) closed at $5.52, down -3.16%. In other words, the price has decreased by -$3.16 from its previous closing price. On the day, 2.79 million shares were traded. SSRM stock price reached its highest trading level at $5.58 during the session, while it also had its lowest trading level at $5.42.
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 1.97 and its Current Ratio is at 3.91. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on February 22, 2024, Downgraded its rating to Neutral and sets its target price to $5 from $17 previously.
On February 20, 2024, RBC Capital Mkts Downgraded its rating to Underperform which previously was Sector Perform and also lowered its target price recommendation from $6 to $3.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on February 15, 2024, whereas the target price for the stock was revised from $14 to $6.
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 Mar 07 ’24 when Ebbett John sold 2,076 shares for $4.52 per share. The transaction valued at 9,384 led to the insider holds 30,205 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 1117082368 and an Enterprise Value of 1941965824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.53 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 1.768 whereas that against EBITDA is -61.852.
Stock Price History:
Over the past 52 weeks, SSRM has reached a high of $12.18, while it has fallen to a 52-week low of $3.76. The 50-Day Moving Average of the stock is -4.96%, while the 200-Day Moving Average is calculated to be 2.19%.
Shares Statistics:
The stock has traded on average 2.04M shares per day over the past 3-months and 2724450 shares per day over the last 10 days, according to various share statistics. A total of 202.95M shares are outstanding, with a floating share count of 200.20M. Insiders hold about 1.07% of the company’s shares, while institutions hold 70.05% stake in the company. Shares short for SSRM as of 1728950400 were 8344235 with a Short Ratio of 4.09, compared to 1726185600 on 8688737. Therefore, it implies a Short% of Shares Outstanding of 8344235 and a Short% of Float of 4.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.012280703
