The 36-month beta value for SSRM is at 0.58. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for SSRM is 199.62M, and currently, shorts hold a 3.12% of that float. The average trading volume for SSRM on February 05, 2025 was 2.58M shares.
SSRM) stock’s latest price update
SSR Mining Inc (NASDAQ: SSRM)’s stock price has plunge by 1.87relation to previous closing price of 8.04. Nevertheless, the company has seen a 7.06% surge in its stock price over the last five trading sessions. zacks.com reported 2025-02-03 that Investors need to pay close attention to SSR Mining (SSRM) stock based on the movements in the options market lately.
SSRM’s Market Performance
SSR Mining Inc (SSRM) has experienced a 7.06% rise in stock performance for the past week, with a 14.07% rise in the past month, and a 32.74% rise in the past quarter. The volatility ratio for the week is 3.63%, and the volatility levels for the past 30 days are at 3.75% for SSRM. The simple moving average for the last 20 days is 6.80% for SSRM stock, with a simple moving average of 41.28% for the last 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 15.70% 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 -16.60% of loss for the given period.
Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 3.63%, as shares surge +15.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.21% upper at present.
During the last 5 trading sessions, SSRM rose by +7.06%, which changed the moving average for the period of 200-days by +61.86% in comparison to the 20-day moving average, which settled at $7.67. In addition, SSR Mining Inc saw 17.67% 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 1.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.91.
Conclusion
In conclusion, SSR Mining Inc (SSRM) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
