While SSR Mining Inc has overperformed by 2.34%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SSRM rose by 126.57%, with highs and lows ranging from $10.91 to $3.90, whereas the simple moving average jumped by 71.48% in the last 200 days.
On February 05, 2025, RBC Capital Mkts Upgraded SSR Mining Inc (NASDAQ: SSRM) to Sector Perform. A report published by UBS on February 22, 2024, Downgraded its rating to ‘Neutral’ for SSRM. RBC Capital Mkts also Downgraded SSRM shares as ‘Underperform’, setting a target price of $3 on the company’s shares in a report dated February 20, 2024. RBC Capital Mkts February 15, 2024d the rating to Sector Perform on February 15, 2024, and set its price target from $14 to $6. TD Securities February 14, 2024d its ‘Buy’ rating to ‘Hold’ for SSRM, as published in its report on February 14, 2024. CIBC also rated the stock as ‘Neutral’.
Analysis of SSR Mining Inc (SSRM)
Further, the quarter-over-quarter decrease in sales is -24.12%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of SSR Mining Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -8.06% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.58, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and SSRM is recording an average volume of 2.77M. On a monthly basis, the volatility of the stock is set at 4.85%, whereas on a weekly basis, it is put at 4.17%, with a loss of -0.29% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.58, showing decline from the present price of $10.49, which can serve as yet another indication of whether SSRM is worth investing in or should be passed over.
How Do You Analyze SSR Mining Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.36%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 66.50% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
