NASDAQ:SSRM - SSR Mining Stock Price, Forecast & News

SSR Mining's stock was trading at $14.17 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SSRM shares have decreased by 13.1% and is now trading at $12.32. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last year. There are currently 3 hold ratings and 4 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, May 14th 2020. View our earnings forecast for SSR Mining.

SSR Mining Inc (NASDAQ:SSRM) posted its quarterly earnings results on Thursday, February, 20th. The basic materials company reported $0.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.01. The basic materials company had revenue of $177.60 million for the quarter, compared to the consensus estimate of $236.81 million. SSR Mining had a net margin of 9.01% and a return on equity of 9.14%. The business's revenue was up 71.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.04 earnings per share. View SSR Mining's earnings history.

7 analysts have issued 12 month price targets for SSR Mining's shares. Their forecasts range from $16.00 to $26.10. On average, they anticipate SSR Mining's stock price to reach $21.05 in the next twelve months. This suggests a possible upside of 70.8% from the stock's current price. View analysts' price targets for SSR Mining.

Press coverage about SSRM stock has trended negative recently, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. SSR Mining earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutSSR Mining.

SSR Mining saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,938,300 shares, an increase of 19.0% from the February 27th total of 4,150,000 shares. Based on an average daily volume of 1,894,400 shares, the short-interest ratio is currently 2.6 days. Currently, 4.0% of the company's shares are sold short. View SSR Mining's Current Options Chain.

Some companies that are related to SSR Mining include Evolution Mining (EVN), Fresnillo (FNLPF), Eastman Chemical (EMN), Mondi (MNDI), Albemarle (ALB), SVENSKA CELLULO/ADR (SVCBY), Polymetal International (POLY), Royal Gold (RGLD), COVESTRO AG/S (COVTY), Sociedad Quimica y Minera de Chile (SQM), Orica (ORI), Kinross Gold (KGC), Scotts Miracle-Gro (SMG), BRENNTAG AG/ADR (BNTGY) and CF Industries (CF).

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

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

SSR Mining's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (13.13%), Renaissance Technologies LLC (4.80%), Investec Asset Management LTD (3.63%), Connor Clark & Lunn Investment Management Ltd. (2.75%), Bank of Montreal Can (2.20%) and Fiera Capital Corp (1.57%).

SSRM stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Sun Valley Gold LLC, Investec Asset Management LTD, Goldman Sachs Group Inc., UBS Group AG, Gabelli Funds LLC, Loews Corp, and PCJ Investment Counsel Ltd..

SSRM stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Assenagon Asset Management S.A., Van ECK Associates Corp, Acadian Asset Management LLC, Renaissance Technologies LLC, Waratah Capital Advisors Ltd., Schroder Investment Management Group, and 1832 Asset Management L.P..

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 $12.32.

SSR Mining has a market capitalization of $1.52 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 1,630 workers across the globe. View additional information about SSR Mining.

The official website for SSR Mining is http://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]