Does SSR Mining Inc (NASDAQ:SSRM) Look Expensive At $5.40? Here’s How To Know.

In last trading session, SSR Mining Inc (NASDAQ:SSRM) saw 1.93 million shares changing hands with its beta currently measuring 0.79. Company’s recent per share price level of $5.40 trading at $0.02 or 0.37% at ring of the bell on the day assigns it a market valuation of $1.09B. That closing price of SSRM’s stock is at a discount of -228.15% from its 52-week high price of $17.72 and is indicating a premium of 30.37% from its 52-week low price of $3.76. Taking a look at company’s average trading volume volume of 5.56 million if we extend that period to 3-months.

SSR Mining Inc (NASDAQ:SSRM) trade information

Upright in the green during last session for gaining 0.37%, in the last five days SSRM remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $5.40 price level, adding 5.26% to its value on the day. SSR Mining Inc’s shares saw a change of -49.81% in year-to-date performance and have moved -2.17% in past 5-day. SSR Mining Inc (NASDAQ:SSRM) showed a performance of 12.50% in past 30-days.

SSR Mining Inc (SSRM) estimates and forecasts

Statistics highlight that SSR Mining Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -61.10% of value to its shares in past 6 months, showing an annual growth rate of -86.05% while that of industry is 20.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -44.70% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 330.32M for the same. And 1 analysts are in estimates of company making revenue of 214.88M in the next quarter. Company posted 363.89M and 301.03M of sales in current and next quarters respectively a year earlier.

SSRM Dividends

SSR Mining Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.