With 2.34 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.88 million shares. The 52-week range on SSRM shows that it touched its highest point at $10.91 and its lowest point at $3.90 during that stretch. It currently has a 1-year price target of $9.56. Beta for the stock currently stands at 0.32.
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 down-trending over the past week, with a drop of -4.78%, but this was up by 21.54% over a month. Three-month performance surged to 69.44% while six-month performance rose 88.05%. The stock gained 126.98% in the past year, while it has gained 40.23% so far this year. A look at the trailing 12-month EPS for SSRM yields -1.29 with Next year EPS estimates of 1.86. For the next quarter, that number is 0.23. This implies an EPS growth rate of 342.79% for this year and 49.71% for next year.
Float and Shares Shorts:
At present, 202.37 million SSRM shares are outstanding with a float of 199.64 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.49622 being high and $0.19849 being low. For SSRM, this leads to a yearly average estimate of $0.37492. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.25. The average estimate for the next quarter is thus $0.29.
Summary of Insider Activity:
Insiders traded SSRM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
