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In the latest session, SSR Mining Inc (NASDAQ: SSRM) closed at $5.81 up 0.87% from its previous closing price of $5.76. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.51 million shares were traded. SSRM stock price reached its highest trading level at $5.9 during the session, while it also had its lowest trading level at $5.79.
Ratios:
For a deeper understanding of SSR Mining Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1175769728 and an Enterprise Value of 2000652928. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 1.822 whereas that against EBITDA is -63.721.
Stock Price History:
Over the past 52 weeks, SSRM has reached a high of $12.04, while it has fallen to a 52-week low of $3.76. The 50-Day Moving Average of the stock is -1.20%, while the 200-Day Moving Average is calculated to be 11.67%.
Shares Statistics:
For the past three months, SSRM has traded an average of 2.01M shares per day and 1462700 over the past ten days. 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 69.62% stake in the company. Shares short for SSRM as of 1731628800 were 8092983 with a Short Ratio of 4.03, compared to 1728950400 on 8344235. Therefore, it implies a Short% of Shares Outstanding of 8092983 and a Short% of Float of 4.4899996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.012152777
Earnings Estimates
The performance of SSR Mining Inc (SSRM) in the stock market is under the watchful eye of 3.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.0, with high estimates of $0.18 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.53 and $0.33 for the fiscal current year, implying an average EPS of $0.4. EPS for the following year is $0.74, with 4.0 analysts recommending between $0.86 and $0.61.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $249.23M this quarter.It ranges from a high estimate of $255.36M to a low estimate of $243.09M. As of the current estimate, SSR Mining Inc’s year-ago sales were $425.9MFor the next quarter, 2 analysts are estimating revenue of $271.09M. There is a high estimate of $271.09M for the next quarter, whereas the lowest estimate is $271.09M.
A total of 4 analysts have provided revenue estimates for SSRM’s current fiscal year. The highest revenue estimate was $971M, while the lowest revenue estimate was $903.72M, resulting in an average revenue estimate of $941.63M. In the same quarter a year ago, actual revenue was $1.43BBased on 4 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.11B and the low estimate is $949M.
