During the last session, SSR Mining Inc (NASDAQ:SSRM)’s traded shares were 1.97 million, with the beta value of the company hitting 0.32. At the end of the trading day, the stock’s price was $10.42, reflecting an intraday gain of 6.76% or $0.66. The 52-week high for the SSRM share is $10.91, that puts it down -4.7 from that peak though still a striking 62.57% gain since the share price plummeted to a 52-week low of $3.90. The company’s market capitalization is $2.11B, and the average trade volume was 2.88 million shares over the past three months.
SSR Mining Inc (SSRM) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.67. SSRM has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.17.
SSR Mining Inc (NASDAQ:SSRM) trade information
SSR Mining Inc (SSRM) registered a 6.76% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.76% in intraday trading to $10.42, hitting a weekly high. The stock’s 5-day price performance is -0.67%, and it has moved by 29.60% in 30 days. Based on these gigs, the overall price performance for the year is 144.60%.
The consensus price target of analysts on Wall Street is $6.49, which implies a decrease of -60.55% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.49 and $6.49 respectively. As a result, SSRM is trading at a premium of 37.72% off the target high and 37.72% off the low.
SSR Mining Inc (SSRM) estimates and forecasts
In the rating firms’ projections, revenue will increase 41.36% 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 342.49M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 368.12M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 230.23M and 184.84M respectively. In this case, analysts expect current quarter sales to grow by 48.76% and then jump by 99.15% in the coming quarter.
While earnings are projected to return 342.79% in 2025, the next five years will return 28.20% per annum.
SSRM Dividends
SSR Mining Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 10.93 million shares, is of BLACKROCK INC.’s that is approximately 5.3999% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $49.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of SSR Mining Inc (SSRM) shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . Data provided on Dec 31, 2024 indicates that VanEck ETF Trust-VanEck Gold Miners ETF owns about 8.48 shares. This amounts to just over 4.19 percent of the company’s overall shares, with a $88.38 million market value. The same data shows that the other fund manager holds slightly less at 6.34, or about 3.13% of the stock, which is worth about $66.01 million.
