SSRM has 36-month beta value of 0.61. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for SSRM is 199.62M, and currently, short sellers hold a 3.29% ratio of that float. The average trading volume of SSRM on January 15, 2025 was 2.53M shares.
SSRM) stock’s latest price update
The stock price of SSR Mining Inc (NASDAQ: SSRM) has jumped by 4.61 compared to previous close of 7.05. Despite this, the company has seen a gain of 3.22% in its stock price over the last five trading days. zacks.com reported 2025-01-08 that Here is how SSR Mining (SSRM) and MAG Silver (MAG) have performed compared to their sector so far this year.
SSRM’s Market Performance
SSRM’s stock has risen by 3.22% in the past week, with a monthly drop of -9.11% and a quarterly rise of 26.15%. The volatility ratio for the week is 4.81% while the volatility levels for the last 30 days are 3.96% for SSR Mining Inc. The simple moving average for the past 20 days is 3.28% for SSRM’s stock, with a 31.90% simple moving average for the past 200 days.
Analysts’ Opinion of SSRM
Many brokerage firms have already submitted their reports for SSRM stocks, with UBS repeating the rating for SSRM by listing it as a “Neutral.” The predicted price for SSRM in the upcoming period, according to UBS is $5 based on the research report published on February 22, 2024 of the previous year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see SSRM reach a price target of $3, previously predicting the price at $6. The rating they have provided for SSRM stocks is “Underperform” according to the report published on February 20th, 2024.
RBC Capital Mkts gave a rating of “Sector Perform” to SSRM, setting the target price at $6 in the report published on February 15th of the previous year.
SSRM Trading at 13.74% 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 -27.93% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 4.81%, as shares sank -3.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.96% upper at present.
During the last 5 trading sessions, SSRM rose by +3.22%, which changed the moving average for the period of 200-days by +70.44% in comparison to the 20-day moving average, which settled at $7.15. In addition, SSR Mining Inc saw 6.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SSRM starting from MacNevin William K., who sale 6,722 shares at the price of $7.16 back on Jan 03 ’25. After this action, MacNevin William K. now owns 265,711 shares of SSR Mining Inc, valued at $48,130 using the latest closing price.
Ebbett John, the EVP, Growth and Innovation of SSR Mining Inc, sale 2,076 shares at $4.52 during a trade that took place back on Mar 07 ’24, which means that Ebbett John is holding 30,205 shares at $9,384 based on the most recent closing price.
Stock Fundamentals for SSRM
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.0 for the gross margin
The net margin for SSR Mining Inc stands at -0.44. The total capital return value is set at -0.04. Equity return is now at value -14.43, with -8.90 for asset returns.
Based on SSR Mining Inc (SSRM), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -16.12.
Currently, EBITDA for the company is 30.58 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.91.
Conclusion
To put it simply, SSR Mining Inc (SSRM) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
