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As of close of business last night, SSR Mining Inc’s stock clocked out at $7.69, up 3.92% from its previous closing price of $7.40. In other words, the price has increased by $3.92 from its previous closing price. On the day, 3.12 million shares were traded. SSRM stock price reached its highest trading level at $7.79 during the session, while it also had its lowest trading level at $7.43.
Ratios:
To gain a deeper understanding of SSRM’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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.
Ebbett John sold 2,076 shares of SSRM for $9,384 on Mar 07 ’24. The EVP, Growth and Innovation now owns 30,205 shares after completing the transaction at $4.52 per share.
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 1556225280 and an Enterprise Value of 2381107712. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 2.168 whereas that against EBITDA is -75.839.
Stock Price History:
The Beta on a monthly basis for SSRM is 0.61, which has changed by -0.2153061 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, SSRM has reached a high of $10.24, while it has fallen to a 52-week low of $3.76. The 50-Day Moving Average of the stock is 17.51%, while the 200-Day Moving Average is calculated to be 36.72%.
Shares Statistics:
It appears that SSRM traded 2.55M shares on average per day over the past three months and 2644990 shares per day over the past ten days. A total of 202.11M shares are outstanding, with a floating share count of 199.62M. Insiders hold about 1.36% of the company’s shares, while institutions hold 69.55% stake in the company. Shares short for SSRM as of 1735603200 were 6564725 with a Short Ratio of 2.58, compared to 1732838400 on 6981581. Therefore, it implies a Short% of Shares Outstanding of 6564725 and a Short% of Float of 3.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.009459459