SSR Mining (TSE:SSRM) Shares Up 7.4% - What's Next?

Key Points

• SSR Mining Inc. shares rose 7.4% to C$17.90, with trading volume increasing by 22% compared to the average daily volume.
• The company's market capitalization is C$2.55 billion and it has a negative price-to-earnings ratio of -5.26.
• SSR Mining primarily focuses on mining precious metals in the Americas, with significant revenue coming from both gold and silver production.

SSR Mining Inc. (TSE:SSRM - ) was up 7.4% on Tuesday . The stock traded as high as C$17.91 and last traded at C$17.90. Approximately 545,620 shares changed hands during mid-day trading, an increase of 22% from the average daily volume of 445,686 shares. The stock had previously closed at C$16.66.

SSR Mining Trading Up 7.4%

The firm has a market cap of C$2.55 billion, a price-to-earnings ratio of -5.26, a P/E/G ratio of 5.64 and a beta of 0.94. The company has a debt-to-equity ratio of 11.04, a current ratio of 3.91 and a quick ratio of 3.80. The business has a 50-day moving average of C$17.18 and a 200-day moving average of C$15.23.

SSR Mining Company Profile

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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