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 1 hold rating and 2 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 analysts have issued 1-year target prices for SSR Mining's stock. Their SSRM share price forecasts range from $25.00 to $39.00. On average, they predict the company's stock price to reach $30.75 in the next year. This suggests a possible upside of 134.6% 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 $17.70 on January 1st, 2022. Since then, SSRM stock has decreased by 25.9% and is now trading at $13.11.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our SSRM earnings forecast.

SSR Mining Inc. (NASDAQ:SSRM) issued its earnings results on Wednesday, November, 3rd. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.08. The basic materials company had revenue of $322.85 million for the quarter, compared to analyst estimates of $330.65 million. SSR Mining had a net margin of 22.10% and a trailing twelve-month return on equity of 7.82%. During the same period last year, the company posted $0.49 earnings per share.

SSR Mining announced a quarterly dividend on Tuesday, August 2nd. Stockholders of record on Friday, August 12th will be given a dividend of $0.07 per share on Tuesday, September 6th. This represents a $0.28 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Thursday, August 11th.
Read our dividend analysis for SSRM.

SSR Mining (NASDAQ:SSRM) pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.06%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSRM will have a dividend payout ratio of 20.29% 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 number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (10.54%), Mackenzie Financial Corp (2.77%), Franklin Resources Inc. (1.90%), Renaissance Technologies LLC (1.57%), State Street Corp (0.83%) and Connor Clark & Lunn Investment Management Ltd. (0.82%). Insiders that own company stock include Alison Lynn White, Michael John Sparks, Rodney Antal, Russell Farnsworth and Steward John Beckman.
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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 $13.11.

SSR Mining (NASDAQ:SSRM) has a market capitalization of $2.74 billion and generates $1.47 billion in revenue each year. The basic materials company earns $368.08 million in net income (profit) each year or $1.42 on an earnings per share basis.

The company employs 2,429 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.