Free Trial

SSR Mining (SSRM) Stock Forecast & Price Target

$5.31
-0.04 (-0.75%)
(As of 07/19/2024 ET)

SSR Mining - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for SSR Mining in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 2 have given a sell rating, and 5 have given a hold rating for SSRM.

Consensus Price Target

$6.56
23.59% Upside
High Forecast$12.50
Average Forecast$6.56
Low Forecast$3.00

According to the 7 analysts' twelve-month price targets for SSR Mining, the average price target is $6.56. The highest price target for SSRM is $12.50, while the lowest price target for SSRM is $3.00. The average price target represents a forecasted upside of 23.59% from the current price of $5.31.

TypeCurrent Forecast
7/22/23 to 7/21/24
1 Month Ago
6/22/23 to 6/21/24
3 Months Ago
4/23/23 to 4/22/24
1 Year Ago
7/22/22 to 7/22/23
Consensus Rating
Reduce
Reduce
Reduce
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
2 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
0 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$6.56$6.63$6.63$19.00
Forecasted Upside23.59% Upside3.92% Upside3.92% Upside34.24% Upside
Get SSR Mining Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for SSRM and its competitors with MarketBeat's FREE daily newsletter.

SSRM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

SSRM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

SSR Mining Stock vs. The Competition

TypeSSR MiningBasic Materials CompaniesS&P 500
Consensus Rating Score
1.71
2.64
2.51
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside23.59% Upside391.87% Upside10.07% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024CIBC
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$5.50 ➝ $5.75+18.07%
4/8/2024National Bank Financial
5 of 5 stars
M. Parkin
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingSector Perform Spec Overwgt
2/28/2024Desjardins
1 of 5 stars
J. Egilo
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Hold
2/22/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral$17.00 ➝ $5.00+10.86%
2/20/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingSector Perform ➝ Underperform$6.00 ➝ $3.00-38.90%
2/14/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeSector Outperform ➝ Sector Perform
2/14/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold
11/20/2023Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Underperform$17.00 ➝ $12.50+7.30%
2/14/2023BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperform$23.00 ➝ $19.00+32.87%
11/9/2022Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Dalton Baretto
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower TargetBuy ➝ BuyC$26.00 ➝ C$25.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 01:34 PM ET.

SSRM Forecast - Frequently Asked Questions

What is SSR Mining's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for SSR Mining is $6.56, with a high forecast of $12.50 and a low forecast of $3.00.

Should I buy or sell SSR Mining stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SSR Mining in the last year. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SSRM shares.

Does SSR Mining's stock price have much upside?

According to analysts, SSR Mining's stock has a predicted upside of 1.20% based on their 12-month stock forecasts.

What analysts cover SSR Mining?

SSR Mining has been rated by research analysts at CIBC in the past 90 days.

Do Wall Street analysts like SSR Mining more than its competitors?

Analysts like SSR Mining less than other "basic materials" companies. The consensus rating for SSR Mining is Reduce while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how SSRM compares to other companies.


This page (NASDAQ:SSRM) was last updated on 7/21/2024 by MarketBeat.com Staff

From Our Partners