As of close of business last night, SSR Mining Inc’s stock clocked out at $4.30, down -4.02% from its previous closing price of $4.48. In other words, the price has decreased by -$0.1800 from its previous closing price. On the day, 5315884 shares were traded.
Ratios:
To gain a deeper understanding of SSRM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.43. For the most recent quarter (mrq), Quick Ratio is recorded 3.99 and its Current Ratio is at 7.01. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 May 12 ’23 when Anglin Arthur Michael bought 8,000 shares for $16.23 per share. The transaction valued at 129,840 led to the insider holds 52,306 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 874.26M and an Enterprise Value of 681.60M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 0.48 whereas that against EBITDA is 24.15.
Stock Price History:
Over the past 52 weeks, SSRM has reached a high of $17.72, while it has fallen to a 52-week low of $3.76. The 50-Day Moving Average of the stock is 7.9986, while the 200-Day Moving Average is calculated to be 12.1727.
Shares Statistics:
It appears that SSRM traded 4.69M shares on average per day over the past three months and 4.72M shares per day over the past ten days. A total of 202.95M shares are outstanding, with a floating share count of 200.94M. Insiders hold about 0.75% of the company’s shares, while institutions hold 69.17% stake in the company. Shares short for SSRM as of Feb 15, 2024 were 4.67M with a Short Ratio of 1.00, compared to 4.37M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.31% and a Short% of Float of 3.06%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.28, SSRM has a forward annual dividend rate of 0.21. Against a Trailing Annual Dividend Yield of 6.25%, it implies a Forward Annual Dividend Yield of 6.52%.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.3, while EPS last year was $0.1. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.02 and low estimates of -$0.07.
Analysts are recommending an EPS of between $0.32 and -$0.32 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.16, with 6 analysts recommending between $0.72 and -$0.29.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $330.32M. It ranges from a high estimate of $330.32M to a low estimate of $330.32M. As of the current estimate, SSR Mining Inc’s year-ago sales were $363.89M, an estimated decrease of -9.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $214.88M, a decrease of -28.60% less than the figure of -$9.20% in the same quarter last year. There is a high estimate of $214.88M for the next quarter, whereas the lowest estimate is $214.88M.
A total of 4 analysts have provided revenue estimates for SSRM’s current fiscal year. The highest revenue estimate was $847M, while the lowest revenue estimate was $749M, resulting in an average revenue estimate of $781.65M. In the same quarter a year ago, actual revenue was $1.43B, down -45.20% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $746.4M in the next fiscal year. The high estimate is $772M and the low estimate is $723.19M. The average revenue growth estimate for next year is down -4.50% from the average revenue estimate for this year.
