SSR Mining Inc (NASDAQ:SSRM) has a beta value of -0.16 and has seen 0.88 million shares traded in the recent trading session. The company, currently valued at $2.09B, closed the recent trade at $10.32 per share which meant it lost -$0.06 on the day or -0.53% during that session. The SSRM stock price is -11.24% off its 52-week high price of $11.48 and 58.14% above the 52-week low of $4.32. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.57 million shares traded. The 3-month trading volume is 2.68 million shares.
The consensus among analysts is that SSR Mining Inc (SSRM) is Hold stock at the moment, with a recommendation rating of 2.44. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 4 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.15.
SSR Mining Inc (NASDAQ:SSRM) trade information
Sporting -0.53% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SSRM stock price touched $10.32 or saw a rise of 8.67%. Year-to-date, SSR Mining Inc shares have moved 48.35%, while the 5-day performance has seen it change -4.49%. Over the past 30 days, the shares of SSR Mining Inc (NASDAQ:SSRM) have changed -4.49%. Short interest in the company has seen 6.88 million shares shorted with days to cover at 2.73.
Wall Street analysts have a consensus price target for the stock at $6.49, which means that the shares’ value could drop -59.01% from the levels at last check today.. The projected low price target is $6.49 while the price target rests at a high of $6.49. In that case, then, we find that the latest price level in today’s session is 37.11% off the targeted high while a plunge would see the stock lose 37.11% from the levels at last check today..
SSR Mining Inc (SSRM) estimates and forecasts
The company’s shares have gained 65.46% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 38.68%.
3 analysts offering their estimates for the company have set an average revenue estimate of 296.11M for the current quarter. 2 have an estimated revenue figure of 352M for the next ending quarter. Year-ago sales stood 230.23M and 184.84M respectively for this quarter and the next, and analysts expect sales will grow by 28.61% for the current quarter and 38.68% for the next.
Earnings growth for 2025 is a modest 248.31% while over the next 5 years, the company’s earnings are expected to increase by 92.43%.
SSRM Dividends
SSR Mining Inc is expected to release its next earnings report on 2025-Feb-17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
SSR Mining Inc (NASDAQ:SSRM)’s Major holders
Insiders own 0.64% of the company shares, while shares held by institutions stand at 68.83% with a share float percentage of 69.27%. Investors are also buoyed by the number of investors in a company, with SSR Mining Inc having a total of 356.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 18.73 million shares worth more than $84.47 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.2659% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 10.93 million shares as of 2024-06-30. The firm’s total holdings are worth over $49.28 million and represent 5.4058% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . As of Mar 31, 2025 , the former fund manager holds about 3.59% shares in the company for having 7.27 shares of worth $74.11 million while later fund manager owns 6.23 shares of worth $63.52 million as of Mar 31, 2025 , which makes it owner of about 3.07% of company’s outstanding stock.
