SSR Mining Inc (SSRM) Given Outperform Rating at BMO Capital Markets
SSR Mining Inc (TSE:SSRM)‘s stock had its “outperform” rating reiterated by equities researchers at BMO Capital Markets in a research report issued on Friday, StockTargetPrices.com reports. They presently have a C$14.00 target price on the stock. BMO Capital Markets’ target price points to a potential upside of 7.12% from the stock’s previous close.
Shares of SSR Mining (TSE:SSRM) traded down 0.31% during mid-day trading on Friday, reaching $13.07. The company had a trading volume of 241,374 shares. The company has a market capitalization of $1.56 billion and a PE ratio of 11.05. The company’s 50-day moving average price is $12.48 and its 200-day moving average price is $13.24. SSR Mining has a 52-week low of $11.19 and a 52-week high of $13.39.
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SSR Mining Company Profile
SSR Mining Inc engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. Its projects include the Marigold mine located in Humboldt County, Nevada, the United States; the Pirquitas mine located in the province of Jujuy, northern Argentina; and the Seabee Gold Operation located near Laonil Lake, Saskatchewan.
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