SSR Mining (SSRM) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SSRM shares.
View SSRM analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price targets for SSR Mining's shares. Their SSRM share price forecasts range from $19.00 to $33.00. On average, they predict the company's stock price to reach $25.90 in the next twelve months. This suggests a possible upside of 73.0% 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 4.5% and is now trading at $14.97.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our SSRM earnings forecast.

SSR Mining Inc. (NASDAQ:SSRM) announced its earnings results on Wednesday, November, 3rd. The basic materials company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.08. The basic materials company earned $322.85 million during the quarter, compared to analyst estimates of $330.65 million. SSR Mining had a trailing twelve-month return on equity of 2.44% and a net margin of 14.13%. During the same period in the previous year, the business posted $0.49 EPS.

SSR Mining declared a quarterly dividend on Thursday, May 4th. Stockholders of record on Monday, May 15th will be paid a dividend of $0.07 per share on Monday, June 12th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Friday, May 12th.
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), First Trust Materials AlphaDEX Fund (FXZ), VanEck Junior Gold Miners ETF (GDXJ), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), VanEck Gold Miners ETF (GDX) and Distillate International Fundamental Stability & Value ETF (DSTX).

SSR Mining (NASDAQ:SSRM) pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.83%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSRM will have a dividend payout ratio of 26.42% 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 many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (11.17%), BlackRock Inc. (9.31%), Mackenzie Financial Corp (2.76%), Franklin Resources Inc. (1.89%), Mirae Asset Global Investments Co. Ltd. (1.73%) and First Trust Advisors LP (1.66%). Insiders that own company stock include Alison Lynn White, Arthur Michael Anglin, 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 $14.97.

SSR Mining (NASDAQ:SSRM) has a market capitalization of $3.07 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 $0.72 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.