SSR Mining (TSE:SSRM) Given New C$18.00 Price Target at National Bankshares

SSR Mining (TSE:SSRM) had its price target hoisted by National Bankshares from C$14.25 to C$18.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, TD Securities raised their price target on SSR Mining from C$11.00 to C$13.00 and gave the stock a “hold” rating in a research report on Wednesday, February 19th.

SSR Mining Price Performance

SSRM opened at C$16.01 on Wednesday. The stock has a market cap of C$2.28 billion, a P/E ratio of -4.70, a P/E/G ratio of 5.64 and a beta of 0.94. SSR Mining has a 12 month low of C$5.35 and a 12 month high of C$16.25. The company has a quick ratio of 3.80, a current ratio of 3.91 and a debt-to-equity ratio of 11.04. The company has a fifty day simple moving average of C$13.06 and a 200 day simple moving average of C$10.02.

Insider Buying and Selling

In other SSR Mining news, Director Rod Antal sold 52,076 shares of the company’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$14.09, for a total transaction of C$733,750.84. Also, Senior Officer Michael John Sparks sold 13,055 shares of SSR Mining stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$14.09, for a total transaction of C$183,944.95. 0.91% of the stock is currently owned by company insiders.

SSR Mining Company Profile

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard’s revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina.