The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of SSR Mining Inc (NASDAQ: SSRM) closed at $9.99 in the last session, down -0.40% from day before closing price of $10.03. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 2.41 million shares were traded. SSRM stock price reached its highest trading level at $10.03 during the session, while it also had its lowest trading level at $9.78.
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 2.58 and its Current Ratio is at 4.70. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
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:
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 2023354624 and an Enterprise Value of 2808840960. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 2.821 whereas that against EBITDA is 12.447.
Stock Price History:
The Beta on a monthly basis for SSRM is 0.30, which has changed by 1.08125 over the last 52 weeks, in comparison to a change of 0.08089435 over the same period for the S&P500. Over the past 52 weeks, SSRM has reached a high of $11.48, while it has fallen to a 52-week low of $4.32. The 50-Day Moving Average of the stock is 3.42%, while the 200-Day Moving Average is calculated to be 48.28%.
Shares Statistics:
According to the various share statistics, SSRM traded on average about 2.66M shares per day over the past 3-months and 2660010 shares per day over the past 10 days. A total of 202.37M shares are outstanding, with a floating share count of 199.83M. Insiders hold about 1.34% of the company’s shares, while institutions hold 66.47% stake in the company. Shares short for SSRM as of 1741910400 were 6250170 with a Short Ratio of 2.35, compared to 1739491200 on 6808069. Therefore, it implies a Short% of Shares Outstanding of 6250170 and a Short% of Float of 3.47.
