SSR Mining Inc. (NASDAQ:SSRM) went up by 3.70% from its latest closing price compared to the recent 1-year high of $25.32. The company’s stock price has collected 10.01% of gains in the last five trading sessions. Press Release reported on 03/30/21 that SSR Mining Publishes ESG and Sustainability Report
Is It Worth Investing in SSR Mining Inc. (NASDAQ :SSRM) Right Now?
SSR Mining Inc. (NASDAQ:SSRM) scored a price-to-earnings ratio above its average ratio, recording 24.24 x from its present earnings ratio. Plus, the 36-month beta value for SSRM is at 0.96. Opinions of the stock are interesting as 8 analysts out of 9 who provided ratings for SSR Mining Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $26.45, which is -$3.96 below the current price. SSRM currently public float of 217.68M and currently shorts hold a 3.38% ratio of that float. Today, the average trading volume of SSRM was 1.99M shares.
SSRM’s Market Performance
SSRM stocks went up by 10.01% for the week, with a monthly jump of 5.58% and a quarterly performance of -24.47%, while its annual performance rate touched 16.54%. The volatility ratio for the week stands at 3.27% while the volatility levels for the past 30 days are set at 3.29% for SSR Mining Inc.. The simple moving average for the period of the last 20 days is 5.20% for SSRM stocks with a simple moving average of -16.93% for the last 200 days.
Analysts’ Opinion of SSRM
BofA Securities, on the other hand, stated in their research note that they expect to see SSRM reach a price target of $28.50. The rating they have provided for SSRM stocks is “Buy” according to the report published on December 03rd, 2020.
SSRM Trading at 0.95% from the 50-Day Moving Average
After a stumble in the market that brought SSRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.95% of loss for the given period.
Volatility was left at 3.29%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +6.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.16% lower at present.
During the last 5 trading sessions, SSRM rose by +10.01%, which changed the moving average for the period of 200-days by -21.37% in comparison to the 20-day moving average, which settled at $14.98. In addition, SSR Mining Inc. saw -21.88% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SSRM
Current profitability levels for the company are sitting at:
- +29.22 for the present operating margin
- +33.02 for the gross margin
The net margin for SSR Mining Inc. stands at +15.65. The total capital return value is set at 8.88, while invested capital returns managed to touch 5.41. Equity return is now at value 5.90, with 3.90 for asset returns.
Based on SSR Mining Inc. (SSRM), the company’s capital structure generated 14.98 points at debt to equity in total, while total debt to capital is 13.03. Total debt to assets is 9.79, with long-term debt to equity ratio resting at 12.74. Finally, the long-term debt to capital ratio is 11.08.
When we switch over and look at the enterprise to sales, we see a ratio of 3.83, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 11.47 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.72.