In the last trading session, 6.77 million shares of the SSR Mining Inc (NASDAQ:SSRM) were traded, and its beta was -0.14. Most recently the company’s share price was $12.93, and it changed around $0.22 or 1.73% from the last close, which brings the market valuation of the company to $2.62B. SSRM currently trades at a discount to its 52-week high of $13.33, offering almost -3.09% off that amount. The share price’s 52-week low was $4.32, which indicates that the current value has risen by an impressive 66.59% since then.
SSR Mining Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.44. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended SSRM as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. SSR Mining Inc is expected to report earnings per share of 0.24 for the current quarter.
SSR Mining Inc (NASDAQ:SSRM) trade information
Instantly SSRM has showed a green trend with a performance of 1.73% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 13.23 on recent trading dayincreased the stock’s daily price by 2.27%. The company’s shares are currently up 85.78% year-to-date, but still up 1.09% over the last five days. On the other hand, SSR Mining Inc (NASDAQ:SSRM) is 18.19% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.49, which translates to bulls needing to decrease their stock price by -99.23% from its current value. Analyst projections state that SSRM is forecast to be at a low of $6.49 and a high of $6.49.
SSR Mining Inc (SSRM) estimates and forecasts
The year-over-year growth rate is expected to be 46.11%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 342.05M in revenue for the current quarter. 1 analysts expect SSR Mining Inc to make 406.37M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 184.84M and 257.36M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 85.05%. Forecasts for the next quarter put sales growth at 57.90%.
SSR Mining Inc earnings are expected to increase by 301.03% in 2025, but the outlook is positive 89.74% per year for the next five years.
SSRM Dividends
SSR Mining Inc’s next quarterly earnings report is expected to be released in July.
BLACKROCK INC., with 5.4058% or 10.93 million shares worth $49.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
