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

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

SSR Mining Inc (NASDAQ:SSRM) issued its quarterly earnings data on Thursday, February, 20th. The basic materials company reported $0.30 EPS for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.01. The basic materials company earned $177.60 million during the quarter, compared to analyst estimates of $236.81 million. SSR Mining had a net margin of 9.01% and a return on equity of 9.25%. SSR Mining's revenue was up 71.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.04 earnings per share. View SSR Mining's Earnings History.

SSR Mining is scheduled to release their next quarterly earnings announcement on Thursday, May 14th 2020. View Earnings Estimates for SSR Mining.

6 brokerages have issued 1-year price targets for SSR Mining's stock. Their forecasts range from $16.00 to $25.19. On average, they expect SSR Mining's share price to reach $20.70 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for SSR Mining.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SSR Mining.

Press coverage about SSRM stock has been trending positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. SSR Mining earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the stock's share price in the next several days. View News Stories for SSR Mining.

SSR Mining saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,620,000 shares, an increase of 30.1% from the January 15th total of 3,550,000 shares. Based on an average daily trading volume, of 1,095,900 shares, the short-interest ratio is presently 4.2 days. Currently, 3.8% 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 AngloGold Ashanti (AU), Inter Pipeline (IPL), Kinross Gold (K), SOUTH32 LTD/S (SOUHY), SMURFIT KAPPA G/ADR (SMFKY), HITACHI CHEM CO/ADR (HCHMY), Sociedad Quimica y Minera de Chile (SQM), Croda International (COIHD), CRODA INTL PLC/ADR (COIHY), CF Industries (CF), Antofagasta (ANTO), Mondi (MNDI), Orica (ORI), Sibanye Gold (SBGL) and BRENNTAG AG/ADR (BNTGY).

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), Wheaton Precious Metals (WPM), Barrick Gold (GOLD), Agnico Eagle Mines (AEM), Verizon Communications (VZ), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

SSR Mining's stock is owned by many different of institutional and retail 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Van ECK Associates Corp, Acadian Asset Management LLC, Renaissance Technologies LLC, Waratah Capital Advisors Ltd., Schroder Investment Management Group, 1832 Asset Management L.P. and Intact Investment Management Inc..

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 $18.77.

SSR Mining has a market capitalization of $2.31 billion and generates $606.85 million in revenue each year. The basic materials company earns $6.38 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]