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SSR Mining (TSE:SSRM) Reaches New 1-Year High - Still a Buy?

SSR Mining logo with Basic Materials background

SSR Mining Inc. (TSE:SSRM - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$18.20 and last traded at C$17.99, with a volume of 194077 shares trading hands. The stock had previously closed at C$17.57.

Analyst Ratings Changes

Several analysts have commented on SSRM shares. TD Securities boosted their price target on shares of SSR Mining from C$11.00 to C$13.00 and gave the stock a "hold" rating in a research note on Wednesday, February 19th. National Bankshares lifted their target price on SSR Mining from C$14.25 to C$18.00 and gave the stock a "sector perform" rating in a report on Wednesday, March 19th.

Get Our Latest Research Report on SSRM

SSR Mining Stock Down 0.2%

The business has a 50-day moving average price of C$15.69 and a 200 day moving average price of C$13.60. The company has a current ratio of 3.91, a quick ratio of 3.80 and a debt-to-equity ratio of 11.04. The stock has a market capitalization of C$2.55 billion, a P/E ratio of -5.25, a P/E/G ratio of 5.64 and a beta of 0.94.

About SSR Mining

(Get Free Report)

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina.

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