Analysts Issue Forecasts for SSR Mining FY2026 Earnings

SSR Mining Inc. (NASDAQ:SSRM - Free Report) TSE: SSO - Investment analysts at National Bank Financial lifted their FY2026 EPS estimates for shares of SSR Mining in a report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will post earnings of $2.57 per share for the year, up from their previous estimate of $1.95. National Bank Financial has a "Hold" rating on the stock. The consensus estimate for SSR Mining's current full-year earnings is $0.73 per share.

SSR Mining (NASDAQ:SSRM - Get Free Report) TSE: SSO last posted its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.08). The company had revenue of $323.19 million for the quarter, compared to analyst estimates of $262.20 million. SSR Mining had a positive return on equity of 1.46% and a negative net margin of 26.24%.

Several other research analysts have also weighed in on the company. National Bankshares reaffirmed a "sector perform" rating on shares of SSR Mining in a research report on Wednesday, April 23rd. UBS Group lifted their price target on shares of SSR Mining from $12.10 to $12.35 and gave the company a "buy" rating in a research report on Friday, April 11th. Cormark raised SSR Mining from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 22nd. Royal Bank of Canada raised SSR Mining from an "underperform" rating to a "sector perform" rating and boosted their price target for the stock from $5.50 to $8.00 in a report on Wednesday, February 5th. Finally, CIBC boosted their price target on SSR Mining from $8.25 to $9.75 and gave the stock a "neutral" rating in a report on Wednesday, February 19th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $10.03.

SSR Mining Stock Up 0.6 %

Shares of NASDAQ:SSRM traded up $0.06 during trading on Friday, hitting $10.55. 658,350 shares of the company were exchanged, compared to its average volume of 2,684,242. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of -8.18, a P/E/G ratio of 0.37 and a beta of 0.30. SSR Mining has a fifty-two week low of $4.32 and a fifty-two week high of $11.48. The firm has a fifty day moving average price of $10.34 and a two-hundred day moving average price of $8.19. The company has a current ratio of 4.70, a quick ratio of 1.97 and a debt-to-equity ratio of 0.08.

Hedge Funds Weigh In On SSR Mining

Institutional investors and hedge funds have recently bought and sold shares of the company. US Bancorp DE increased its holdings in SSR Mining by 62.4% in the 4th quarter. US Bancorp DE now owns 3,540 shares of the basic materials company's stock worth $25,000 after purchasing an additional 1,360 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of SSR Mining in the 4th quarter valued at about $29,000. Allianz SE bought a new stake in shares of SSR Mining in the 4th quarter valued at about $30,000. Lincoln Capital LLC bought a new stake in shares of SSR Mining in the 4th quarter valued at about $70,000. Finally, Simplicity Wealth LLC bought a new stake in shares of SSR Mining in the 1st quarter valued at about $109,000. Institutional investors and hedge funds own 68.30% of the company's stock.

About SSR Mining

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.