During the last session, SSR Mining Inc (NASDAQ:SSRM)’s traded shares were 3.84 million, with the beta value of the company hitting 0.76. At the end of the trading day, the stock’s price was $5.52, reflecting an intraday gain of 0.91% or $0.05. The 52-week high for the SSRM share is $17.72, that puts it down -221.01 from that peak though still a striking 31.88% gain since the share price plummeted to a 52-week low of $3.76. The company’s market capitalization is $1.12B, and the average trade volume was 5.42 million shares over the past three months.
SSR Mining Inc (NASDAQ:SSRM) trade information
SSR Mining Inc (SSRM) registered a 0.91% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.91% in intraday trading to $5.52, hitting a weekly high. The stock’s 5-day price performance is 7.39%, and it has moved by 33.66% in 30 days. Based on these gigs, the overall price performance for the year is -62.53%.
SSR Mining Inc (SSRM) estimates and forecasts
Statistics show that SSR Mining Inc has underperformed its competitors in share price, compared to the industry in which it operates. SSR Mining Inc (SSRM) shares have gone down -61.64% during the last six months, with a year-to-date growth rate less than the industry average at -86.05% against 15.60. In the rating firms’ projections, revenue will decrease -44.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 330.32M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 214.88M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 363.89M and 301.03M respectively. In this case, analysts expect current quarter sales to shrink by -9.20% and then drop by -28.60% in the coming quarter.
While earnings are projected to return -73.18% in 2024.
SSRM Dividends
SSR Mining Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for SSR Mining Inc is 0.21, with the dividend yield indicating at 3.80 percent, continuing the trend of increasing dividends in recent years.
