With 1.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.49 million shares. The 52-week range on SSRM shows that it touched its highest point at $11.61 and its lowest point at $4.32 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at -0.17.
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 2.65%, but this was up by 0.09% over a month. Three-month performance surged to 16.29% while six-month performance rose 102.05%. The stock gained 99.45% in the past year, while it has gained 55.89% so far this year. A look at the trailing 12-month EPS for SSRM yields 0.40 with Next year EPS estimates of 2.05. For the next quarter, that number is 0.23. This implies an EPS growth rate of 306.46% for this year and 80.11% for next year.
Float and Shares Shorts:
At present, 202.54 million SSRM shares are outstanding with a float of 200.15 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.
