In other words, the price has increased by $0.0000 from its previous closing price. On the day, 3201221 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
For a deeper understanding of SSR Mining Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.14. 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:
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.
Anglin Arthur Michael bought 8,000 shares of SSRM for $129,840 on May 12 ’23. The Director now owns 52,306 shares after completing the transaction at $16.23 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 815.99M and an Enterprise Value of 623.33M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at 0.44 whereas that against EBITDA is 22.09.
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 7.0752, while the 200-Day Moving Average is calculated to be 11.7929.
Shares Statistics:
For the past three months, SSRM has traded an average of 4.81M shares per day and 4.72M over the past ten days. A total of 202.95M shares are outstanding, with a floating share count of 200.97M. Insiders hold about 0.74% of the company’s shares, while institutions hold 69.24% stake in the company. Shares short for SSRM as of Feb 29, 2024 were 4.46M with a Short Ratio of 0.93, compared to 4.47M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 2.93%.
Dividends & Splits
According to the company, the forward annual dividend rate for SSRM is 0.21, from 0.28 in the trailing year. Against a Trailing Annual Dividend Yield of 6.97%, it implies a Forward Annual Dividend Yield of 6.97%.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. 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
A total of 1 analysts believe the company’s revenue will be $330.32M this quarter.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.
