SSR Mining (NASDAQ:SSRM) Stock Upgrade
New York-listed SSR Mining (NASDAQ:SSRM), was boosted by research analysts at BidaskScore, who boosted its rating on the $2.00 billion market cap company to a solid “Buy”.
SSR Mining Inc. (NASDAQ:SSRM) Ratings Coverage
Among 3 analysts covering SSR Mining (NASDAQ:SSRM), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. SSR Mining has $2300 highest and $14.7500 lowest target. $18.57’s average target is 11.93% above currents $16.59 stock price. SSR Mining had 6 analyst reports since August 2, 2019 according to SRatingsIntel. The rating was maintained by Citigroup with “Neutral” on Wednesday, September 11. The company was maintained on Monday, September 9 by B. Riley & Co. FBR Capital upgraded SSR Mining Inc. (NASDAQ:SSRM) on Wednesday, November 13 to “Buy” rating. B. Riley & Co maintained the shares of SSRM in report on Friday, October 11 with “Neutral” rating. FBR Capital maintained the stock with “Neutral” rating in Friday, August 2 report.
The stock decreased 3.55% or $0.61 during the last trading session, reaching $16.59. About 968,907 shares traded. SSR Mining Inc. (NASDAQ:SSRM) has risen 49.81% since December 7, 2018 and is uptrending. It has outperformed by 49.81% the S&P500.
Analysts await SSR Mining Inc. (NASDAQ:SSRM) to report earnings on February, 20. They expect $0.23 EPS, up 475.00 % or $0.19 from last year’s $0.04 per share. SSRM’s profit will be $27.73M for 18.03 P/E if the $0.23 EPS becomes a reality. After $0.23 actual EPS reported by SSR Mining Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.
SSR Mining Inc. engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company has market cap of $2.00 billion. The firm primarily explores for gold and silver deposits. It has a 59.25 P/E ratio. The Company’s projects include the Marigold mine located in Humboldt County, Nevada, the United States; and the Seabee Gold Operation located in Saskatchewan, Canada.
More notable recent SSR Mining Inc. (NASDAQ:SSRM) news were published by: Nasdaq.com which released: “Macau casino revenue drops in October as territory marks Chinese anniversary – Nasdaq” on November 01, 2019, also Finance.Yahoo.com with their article: “Why SSR Mining (SSRM) Could Beat Earnings Estimates Again – Yahoo Finance” published on October 16, 2019, Fool.com published: “Why SSR Mining Stock Fell 11.5% in September – The Motley Fool” on October 09, 2019. More interesting news about SSR Mining Inc. (NASDAQ:SSRM) were released by: Fool.com and their article: “Here’s Why Shares of SSR Mining Rose 14% in July – The Motley Fool” published on August 03, 2019 as well as Seekingalpha.com‘s news article titled: “SSR Mining Inc: A Buy For The Long Term – Seeking Alpha” with publication date: February 05, 2019.
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