SSR Mining (TSE:SSRM) Hits New 52-Week High - Here's What Happened

SSR Mining Inc. (TSE:SSRM - Get Free Report)'s share price reached a new 52-week high on Thursday . The stock traded as high as C$17.87 and last traded at C$17.80, with a volume of 49122 shares traded. The stock had previously closed at C$16.89.

Wall Street Analyst Weigh In

SSRM has been the topic of a number of recent research reports. TD Securities raised their price objective on SSR Mining from C$11.00 to C$13.00 and gave the company a "hold" rating in a research note on Wednesday, February 19th. National Bankshares raised their price target on SSR Mining from C$14.25 to C$18.00 and gave the stock a "sector perform" rating in a research report on Wednesday, March 19th.

SSR Mining Trading Up 0.2%

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 firm has a fifty day simple moving average of C$15.04 and a two-hundred day simple moving average of C$13.10. The firm has a market cap of C$2.49 billion, a PE ratio of -5.13, a PEG ratio of 5.64 and a beta of 0.94.

About SSR Mining

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.