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SSR Mining (TSE:SSRM) Shares Up 2.2% - Still a Buy?

SSR Mining logo with Basic Materials background

SSR Mining Inc. (TSE:SSRM - Get Free Report) shares were up 2.2% during trading on Monday . The stock traded as high as C$18.12 and last traded at C$17.90. Approximately 350,594 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 461,909 shares. The stock had previously closed at C$17.52.

Wall Street Analysts Forecast Growth

Separately, National Bankshares increased their price target on shares of 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.

Read Our Latest Stock Analysis on SSRM

SSR Mining Stock Up 1.2%

The business's 50-day moving average price is C$15.92 and its 200-day moving average price is C$13.89. The company has a quick ratio of 3.80, a current ratio of 3.91 and a debt-to-equity ratio of 11.04. The firm has a market capitalization of C$2.45 billion, a PE ratio of -5.06, a price-to-earnings-growth 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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