NASDAQ:SSRMSSR Mining Stock Price, Forecast & News

SSR Mining's stock was trading at $14.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SSRM shares have increased by 47.8% and is now trading at $20.95. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SSR Mining.

SSR Mining is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for SSR Mining.

SSR Mining Inc (NASDAQ:SSRM) released its quarterly earnings data on Thursday, May, 14th. The basic materials company reported $0.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.27 by $0.04. The basic materials company had revenue of $164.46 million for the quarter, compared to analysts' expectations of $173.75 million. SSR Mining had a return on equity of 10.93% and a net margin of 11.19%. View SSR Mining's earnings history.

7 Wall Street analysts have issued 1 year price targets for SSR Mining's stock. Their forecasts range from $16.00 to $30.00. On average, they expect SSR Mining's share price to reach $22.47 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for SSR Mining.

News headlines about SSRM stock have trended negative on Tuesday, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SSR Mining earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutSSR Mining.

SSR Mining saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 4,600,000 shares, a decline of 14.5% from the April 30th total of 5,380,000 shares. Based on an average trading volume of 1,920,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 3.7% of the shares of the company are sold short. View SSR Mining's Current Options Chain.

Some companies that are related to SSR Mining include Celanese (CE), ASAHI KASEI COR/ADR (AHKSY), Northern Star Resources (NST), Katanga Mining (KAT), POLYMETAL INTL/S (AUCOY), Suzano (SUZ), Evolution Mining (EVN), ArcelorMittal (MT), Stora Enso Oyj (SEOAY), Royal Gold (RGLD), HITACHI CHEM CO/ADR (HCHMY), South32 (S32), Eastman Chemical (EMN), Yara International ASA (YARIY) and Kinross Gold (KGC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SSR Mining investors own include First Majestic Silver (AG), Coeur Mining (CDE), Advanced Micro Devices (AMD), Pan American Silver (PAAS), B2Gold (BTO), Wheaton Precious Metals (WPM), Micron Technology (MU), Yamana Gold (AUY), Agnico Eagle Mines (AEM) and Barrick Gold (GOLD).

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 investors include Van ECK Associates Corp (12.14%), Deutsche Bank AG (3.29%), Connor Clark & Lunn Investment Management Ltd. (3.02%), Shell Asset Management Co. (1.47%), Fiera Capital Corp (1.45%) and 1832 Asset Management L.P. (1.40%).

SSRM stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Morgan Stanley, Assenagon Asset Management S.A., Van ECK Associates Corp, Bank of New York Mellon Corp, Hillsdale Investment Management Inc., U S Global Investors Inc., and Alberta Investment Management Corp.

SSRM stock was bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Waterton Global Resource Management Inc., Shell Asset Management Co., Connor Clark & Lunn Investment Management Ltd., Cidel Asset Management Inc., Gabelli Funds LLC, Two Sigma Advisers LP, and Invesco Ltd..

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

One share of SSRM stock can currently be purchased for approximately $20.95.

SSR Mining has a market capitalization of $2.58 billion and generates $606.85 million in revenue each year. The basic materials company earns $57.31 million in net income (profit) each year or $0.81 on an earnings per share basis. SSR Mining employs 1,926 workers across the globe.

The official website for SSR Mining is www.ssrmining.com.

SSR Mining's mailing address is 1055 DUNSMUIR STREET SUITE 800 P.O. BOX 49088, VANCOUVER A1, V7X 1G4. The basic materials company can be reached via phone at 604-689-3846 or via email at [email protected]