SSR Mining (SSRM) to Release Quarterly Earnings on Wednesday

SSR Mining (NASDAQ:SSRM) (TSE:SSO) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

SSR Mining Stock Down 0.8 %

Shares of NASDAQ SSRM opened at $6.09 on Tuesday. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of -2.57, a price-to-earnings-growth ratio of 0.91 and a beta of 0.72. The company’s 50-day simple moving average is $5.76 and its 200-day simple moving average is $5.34. The company has a quick ratio of 1.78, a current ratio of 3.54 and a debt-to-equity ratio of 0.08. SSR Mining has a 52-week low of $3.76 and a 52-week high of $12.63.

Analyst Ratings Changes

SSRM has been the subject of several research reports. CIBC boosted their price objective on SSR Mining from $5.50 to $5.75 and gave the stock a “neutral” rating in a research note on Wednesday, July 10th. UBS Group increased their price target on SSR Mining from $6.30 to $6.80 and gave the stock a “buy” rating in a report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, SSR Mining currently has an average rating of “Hold” and an average price target of $7.01.

About SSR Mining

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.