In the latest trading session,, 0.73 million SSR Mining Inc (NASDAQ:SSRM) shares changed hands as the company’s beta touched -0.15. With the company’s most recent per share price at $10.48 changing hands around $0.23 or 2.21% at last look, the market valuation stands at $2.12B. SSRM’s current price is a discount, trading about -9.54% off its 52-week high of $11.48. The share price had its 52-week low at $4.32, which suggests the last value was 58.78% up since then. When we look at SSR Mining Inc’s average trading volume, we note the 10-day average is 2.37 million shares, with the 3-month average coming to 2.67 million.
Analysts gave the SSR Mining Inc (SSRM) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.44. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended SSRM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. SSR Mining Inc’s EPS for the current quarter is expected to be 0.15.
SSR Mining Inc (NASDAQ:SSRM) trade information
Instantly SSRM is in green as seen in intraday trades today. With action -0.61%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 50.52%, with the 5-day performance at -0.61% in the red. However, in the 30-day time frame, SSR Mining Inc (NASDAQ:SSRM) is -6.55% down. Looking at the short shares, we see there were 7.42 million shares sold at short interest cover period of 2.78 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6.49, meaning bulls need a downside of -61.48% from its recent market value. According to analyst projections, SSRM’s forecast low is 6.49 with 6.49 as the target high. To hit the forecast high, the stock’s price needs a 38.07% surge from its current level, while the stock would need to tank 38.07% for it to hit the projected low.
SSR Mining Inc (SSRM) estimates and forecasts
Year-over-year growth is forecast to reach 38.68% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 296.11M. 2 analysts are of the opinion that SSR Mining Inc’s revenue for the current quarter will be 352M. The company’s revenue for the corresponding quarters a year ago was 230.23M and 184.84M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 28.61%. The estimates for the next quarter sales put growth at 90.43%.
The 2025 estimates are for SSR Mining Inc earnings to increase by 266.57%, but the outlook for the next 5-year period is at 92.43% per year.
SSRM Dividends
SSR Mining Inc is expected to release its next quarterly earnings report on 2025-Feb-17.
SSR Mining Inc (NASDAQ:SSRM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.64% of SSR Mining Inc shares while 68.82% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 69.26%. There are 68.82% institutions holding the SSR Mining Inc stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 9.2659% of the shares, roughly 18.73 million SSRM shares worth $84.47 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.4058% or 10.93 million shares worth $49.28 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . With 7.27 shares estimated at $75.93 million under it, the former controlled 3.59% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held about 3.07% of the shares, roughly 6.23 shares worth around $65.08 million.
