SSR Mining Inc. (NASDAQ:SSRM – Free Report) (TSE:SSO) – Inventory analysts at Cormark lowered their This fall 2024 earnings estimates for SSR Mining in a analysis report issued on Monday, November eleventh. Cormark analyst R. Grey now forecasts that the fundamental supplies firm will put up earnings of $0.20 per share for the quarter, down from their prior estimate of $0.22. The consensus estimate for SSR Mining’s present full-year earnings is $0.38 per share.
Individually, UBS Group boosted their goal value on shares of SSR Mining from $6.30 to $6.80 and gave the inventory a “purchase” score in a analysis report on Tuesday, October fifteenth. Two funding analysts have rated the inventory with a promote score, 5 have assigned a maintain score and one has issued a purchase score to the corporate’s inventory. In response to MarketBeat, SSR Mining presently has a median score of “Maintain” and a median goal value of $7.01.
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SSR Mining Inventory Efficiency
SSRM inventory opened at $5.32 on Tuesday. The corporate has a fast ratio of 1.78, a present ratio of three.91 and a debt-to-equity ratio of 0.08. The corporate has a market capitalization of $1.08 billion, a price-to-earnings ratio of -2.22, a P/E/G ratio of 0.84 and a beta of 0.72. SSR Mining has a 12 month low of $3.76 and a 12 month excessive of $12.04. The agency has a 50 day shifting common of $5.81 and a two-hundred day shifting common of $5.35.
Institutional Buying and selling of SSR Mining
A number of giant buyers have not too long ago modified their holdings of the corporate. Vanguard Group Inc. boosted its holdings in shares of SSR Mining by 6.9% in the course of the 1st quarter. Vanguard Group Inc. now owns 8,303,664 shares of the fundamental supplies firm’s inventory value $37,034,000 after shopping for a further 533,880 shares in the course of the interval. D. E. Shaw & Co. Inc. boosted its holdings in shares of SSR Mining by 45.9% in the course of the 2nd quarter. D. E. Shaw & Co. Inc. now owns 8,228,572 shares of the fundamental supplies firm’s inventory value $37,124,000 after shopping for a further 2,587,212 shares in the course of the interval. Nationwide Financial institution of Canada FI boosted its holdings in shares of SSR Mining by 73.7% in the course of the 2nd quarter. Nationwide Financial institution of Canada FI now owns 2,636,902 shares of the fundamental supplies firm’s inventory value $11,815,000 after shopping for a further 1,118,417 shares in the course of the interval. Tidal Investments LLC purchased a brand new stake in shares of SSR Mining in the course of the 1st quarter value $6,485,000. Lastly, Charles Schwab Funding Administration Inc. raised its stake in SSR Mining by 6.0% in the course of the third quarter. Charles Schwab Funding Administration Inc. now owns 1,327,251 shares of the fundamental supplies firm’s inventory valued at $7,542,000 after buying a further 75,563 shares over the past quarter. 68.30% of the inventory is owned by institutional buyers.
SSR Mining Firm Profile
SSR Mining Inc, along with its subsidiaries, engages within the operation, acquisition, exploration, and growth of valuable metallic useful resource properties in the US, Türkiye, Canada, and Argentina. The corporate explores for gold doré, copper, silver, lead, and zinc deposits. Its mines embrace the Çöpler, situated in Erzincan province, Turkey; the Marigold, situated in Nevada, the US; the Seabee, situated in Saskatchewan, Canada; and the Puna, situated in Jujuy province, Argentina.
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