Holdings of SSR Mining Inc (SSRM) are aligned with the stars

With 2.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.14 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $7.48 whereas the lowest price it dropped to was $7.175. The 52-week range on SSRM shows that it touched its highest point at $11.35 and its lowest point at $3.76 during that stretch. It currently has a 1-year price target of $6.85. Beta for the stock currently stands at 0.65.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SSRM was up-trending over the past week, with a rise of 3.78%, but this was up by 34.48% over a month. Three-month performance surged to 28.20% while six-month performance rose 61.79%. The stock lost -29.90% in the past year, while it has lost -31.13% so far this year. A look at the trailing 12-month EPS for SSRM yields -2.41 with Next year EPS estimates of 0.96. For the next quarter, that number is 0.18. This implies an EPS growth rate of -71.92% for this year and 164.04% for next year.

Float and Shares Shorts:

At present, 202.11 million SSRM shares are outstanding with a float of 200.20 million shares on hand for trading. On 2024-11-29, short shares totaled 6.98 million, which was 345.0 higher than short shares on 1730332800. In addition to Mr. Rodney P. Antal Accountancy, B.Bus, C.P.A. as the firm’s President, CEO & Executive Chairman, Mr. Michael J. Sparks B.Sc., J.D. serves as its Executive VP, CFO & Secretary.

Institutional Ownership:

Through their ownership of 0.7507 of SSRM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SSRM reported revenue of $257356000.0 and operating income of $11472000.0. The EBITDA in the recently reported quarter was $47954000.0 and diluted EPS was $0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SSRM since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SSRM analysts setting a high price target of 7.15 and a low target of 5.5, the average target price over the next 12 months is 6.5375. Based on these targets, SSRM could drop -3.51% to reach the target high and fall by -25.78% to reach the target low. Reaching the average price target will result in a decline of -11.77% from current levels.

Analysts have provided yearly estimates in a range of $0.45543 being high and $0.21253 being low. For SSRM, this leads to a yearly average estimate of $0.3441.