SSR Mining (SSRM) Expected to Announce Earnings on Tuesday

SSR Mining (NASDAQ:SSRM - Get Free Report) TSE: SSO is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect SSR Mining to post earnings of $0.17 per share and revenue of $332.64 million for the quarter.

SSR Mining (NASDAQ:SSRM - Get Free Report) TSE: SSO last released its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.18 by ($0.08). The company had revenue of $323.19 million for the quarter, compared to analysts' expectations of $262.20 million. SSR Mining had a positive return on equity of 1.46% and a negative net margin of 26.24%. On average, analysts expect SSR Mining to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SSR Mining Price Performance

Shares of NASDAQ:SSRM traded down $0.26 during trading on Tuesday, hitting $10.38. 519,507 shares of the stock were exchanged, compared to its average volume of 2,688,720. The company has a market cap of $2.10 billion, a PE ratio of -8.05, a P/E/G ratio of 0.37 and a beta of 0.30. The company has a current ratio of 4.70, a quick ratio of 1.97 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average price of $10.34 and a two-hundred day moving average price of $8.17. SSR Mining has a 12-month low of $4.32 and a 12-month high of $11.48.

Analysts Set New Price Targets

Several analysts have issued reports on SSRM shares. StockNews.com raised shares of SSR Mining from a "sell" rating to a "hold" rating in a report on Friday, January 17th. Cormark raised shares of SSR Mining from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. CIBC boosted their price target on SSR Mining from $8.25 to $9.75 and gave the company a "neutral" rating in a report on Wednesday, February 19th. National Bank Financial upgraded SSR Mining to a "hold" rating in a report on Friday, March 21st. Finally, UBS Group lifted their price target on SSR Mining from $12.10 to $12.35 and gave the company a "buy" rating in a report on Friday, April 11th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $10.03.

SSR Mining Company Profile

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.

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