SSR Mining - SSRM Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last twelve months. 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 brokerages have issued 12-month price objectives for SSR Mining's stock. Their SSRM share price forecasts range from $19.00 to $33.00. On average, they expect the company's stock price to reach $26.67 in the next year. This suggests a possible upside of 88.9% 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 on January 1st, 2023. Since then, SSRM shares have decreased by 9.9% and is now trading at $14.12.
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SSR Mining saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 6,560,000 shares, a decline of 11.9% from the February 13th total of 7,450,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 4.4 days. Currently, 3.2% of the shares of the stock are sold short.
View SSR Mining's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our SSRM earnings forecast.

SSR Mining Inc. (NASDAQ:SSRM) released its earnings results on Wednesday, November, 3rd. The basic materials company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.32 by $0.08. The basic materials company had revenue of $322.85 million for the quarter, compared to the consensus estimate of $330.65 million. SSR Mining had a net margin of 16.91% and a trailing twelve-month return on equity of 3.55%. During the same period last year, the company earned $0.49 earnings per share.

SSR Mining declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Friday, March 3rd will be given a dividend of $0.07 per share on Thursday, March 30th. This represents a $0.28 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, March 2nd.
Read our dividend analysis for SSRM.

ETFs with the largest weight of SSR Mining (NASDAQ:SSRM) stock in their portfolio include Global X Silver Miners ETF (SIL), ETFMG Prime Junior Silver Miners ETF (SILJ), Sprott Gold Miners ETF (SGDM), Global X MSCI Argentina ETF (ARGT), First Trust Materials AlphaDEX Fund (FXZ), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), VanEck Gold Miners ETF (GDX) and iShares International Developed Small Cap Value Factor ETF (ISVL).

SSR Mining (NASDAQ:SSRM) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSRM will have a dividend payout ratio of 25.69% 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), Pan American Silver (PAAS), 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 a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (10.22%), Mackenzie Financial Corp (3.06%), Franklin Resources Inc. (1.91%), Mirae Asset Global Investments Co. Ltd. (1.75%), Sprott Inc. (1.41%) and Dimensional Fund Advisors LP (1.38%). Insiders that own company stock include Alison Lynn White, 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 $14.12.

SSR Mining (NASDAQ:SSRM) has a market capitalization of $2.92 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 $0.89 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.