Insider Selling: SSR Mining Inc. (TSE:SSRM) Senior Officer Sells 13,352 Shares of Stock

SSR Mining Inc. (TSE:SSRM - Get Free Report) Senior Officer Fady Adel Edward Farid sold 13,352 shares of the business's stock in a transaction on Thursday, March 7th. The stock was sold at an average price of C$6.07, for a total transaction of C$81,046.64.

SSR Mining Trading Up 1.0 %

TSE:SSRM traded up C$0.06 during mid-day trading on Monday, hitting C$5.87. 536,664 shares of the company's stock were exchanged, compared to its average volume of 869,649. The company has a 50 day simple moving average of C$10.57 and a 200-day simple moving average of C$15.01. The company has a current ratio of 7.01, a quick ratio of 3.80 and a debt-to-equity ratio of 7.94. SSR Mining Inc. has a fifty-two week low of C$5.10 and a fifty-two week high of C$23.71. The firm has a market capitalization of C$1.19 billion, a P/E ratio of -9.03, a PEG ratio of 5.64 and a beta of 0.83.

Analysts Set New Price Targets

A number of research firms have commented on SSRM. Scotiabank reduced their price target on shares of SSR Mining from C$12.00 to C$6.00 in a research report on Wednesday, February 28th. Desjardins lowered shares of SSR Mining from a "buy" rating to a "hold" rating and reduced their price target for the company from C$7.75 to C$6.75 in a research report on Thursday, February 29th. Royal Bank of Canada lowered shares of SSR Mining from a "sector perform" rating to an "underperform" rating and reduced their price target for the company from C$6.00 to C$3.00 in a research report on Wednesday, February 21st. Finally, TD Securities lowered shares of SSR Mining from a "buy" rating to a "hold" rating and reduced their price target for the company from C$23.00 to C$7.00 in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of C$12.96.

SSR Mining Company Profile

SSR Mining Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan province, Turkey; the Marigold mine located in Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy province, Argentina.

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