Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of SSR Mining Inc (NASDAQ: SSRM) closed at $11.16 in the last session, down -2.28% from day before closing price of $11.42. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 1.94 million shares were traded.
Ratios:
We take a closer look at SSRM’s different ratios to gain a better understanding of the stock. 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.
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, RBC Capital Mkts on February 05, 2025, Upgraded its rating to Sector Perform and sets its target price to $8 from $5.50 previously.
On February 22, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $17 to $5.
RBC Capital Mkts Downgraded its Sector Perform to Underperform on February 20, 2024, whereas the target price for the stock was revised from $6 to $3.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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.
Valuation Measures:
As of this moment, SSR’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.98, and their Forward P/E ratio for the next fiscal year is 5.44. 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 2.09 while its Price-to-Book (P/B) ratio in mrq is 0.71.
Stock Price History:
Over the past 52 weeks, SSRM has reached a high of $11.61, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is 5.39%, while the 200-Day Moving Average is calculated to be 44.21%.
Shares 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 67.95% stake in the company.
Earnings Estimates
The dynamic stock of SSR Mining Inc (SSRM) is currently attracting attention from 3.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.29, with high estimates of $0.41 and low estimates of $0.2.
Analysts are recommending an EPS of between $1.35 and $0.93 for the fiscal current year, implying an average EPS of $1.12. EPS for the following year is $1.98, with 8.0 analysts recommending between $2.97 and $0.74.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $352M. It ranges from a high estimate of $357.64M to a low estimate of $346.36M. As of the current estimate, SSR Mining Inc’s year-ago sales were $184.84MFor the next quarter, 2 analysts are estimating revenue of $381.79M. There is a high estimate of $406.37M for the next quarter, whereas the lowest estimate is $357.21M.
A total of 3 analysts have provided revenue estimates for SSRM’s current fiscal year. The highest revenue estimate was $1.42B, while the lowest revenue estimate was $1.28B, resulting in an average revenue estimate of $1.36B. In the same quarter a year ago, actual revenue was $995.62MBased on 5 analysts’ estimates, the company’s revenue will be $1.68B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.53B.
