SSR Mining (SSRM) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SSRM shares.
View SSRM analyst ratings or view top-rated stocks.

3 equities research analysts have issued 12-month target prices for SSR Mining's shares. Their SSRM share price forecasts range from $19.00 to $33.00. On average, they expect the company's stock price to reach $24.75 in the next twelve months. This suggests a possible upside of 71.0% from the stock's current price.
View analysts price targets for SSRM or view top-rated stocks among Wall Street analysts.

SSR Mining's stock was trading at $15.67 at the beginning of 2023. Since then, SSRM shares have decreased by 7.7% and is now trading at $14.47.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our SSRM earnings forecast.

SSR Mining Inc. (NASDAQ:SSRM) posted its quarterly earnings results on Wednesday, August, 2nd. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.20. The basic materials company had revenue of $301.03 million for the quarter, compared to the consensus estimate of $288 million. SSR Mining had a net margin of 15.87% and a trailing twelve-month return on equity of 2.57%.

SSR Mining announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Monday, August 14th will be given a dividend of $0.07 per share on Monday, September 11th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date is Friday, August 11th.
Read our dividend analysis for SSRM.

ETFs with the largest weight of SSR Mining (NASDAQ:SSRM) stock in their portfolio include ETFMG Prime Junior Silver Miners ETF (SILJ), Global X Silver Miners ETF (SIL), Global X Gold Explorers ETF (GOEX), Sprott Gold Miners ETF (SGDM), First Trust Materials AlphaDEX Fund (FXZ), Global X MSCI Argentina ETF (ARGT), VanEck Junior Gold Miners ETF (GDXJ) and iShares MSCI Global Gold Miners ETF (RING).

SSR Mining (NASDAQ:SSRM) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.94%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSRM will have a dividend payout ratio of 28.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSRM.

Based on aggregate information from My MarketBeat watchlists, some companies that other SSR Mining investors own include First Majestic Silver (AG), Advanced Micro Devices (AMD), Micron Technology (MU), Wheaton Precious Metals (WPM), Coeur Mining (CDE), Agnico Eagle Mines (AEM), Barrick Gold (GOLD), Intel (INTC) and Newmont (NEM).

SSR Mining trades on the NASDAQ under the ticker symbol "SSRM."

SSR Mining's stock is owned by many different retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (10.30%), BlackRock Inc. (10.20%), Mackenzie Financial Corp (2.33%), Mirae Asset Global Investments Co. Ltd. (1.73%), Franklin Resources Inc. (1.66%) and Dimensional Fund Advisors LP (1.65%). Insiders that own company stock include Alison Lynn White, Arthur Michael Anglin, John Ebbett, Michael John Sparks, Rodney Antal, Russell Farnsworth and Steward John Beckman.
View institutional ownership trends.

Shares of SSRM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SSRM stock can currently be purchased for approximately $14.47.

SSR Mining (NASDAQ:SSRM) has a market capitalization of $2.95 billion and generates $1.15 billion in revenue each year. The basic materials company earns $194.14 million in net income (profit) each year or $0.80 on an earnings per share basis.

The company employs 2,500 workers across the globe.

SSR Mining's mailing address is 1055 DUNSMUIR STREET SUITE 800 P.O. BOX 49088, VANCOUVER A1, V7X 1G4. The official website for the company is www.ssrmining.com. The basic materials company can be reached via phone at (303) 292-1299, via email at invest@ssrmining.com, or via fax at 604-689-3847.