Alan Nigel Pangbourne Purchases 3,450 Shares of SSR Mining Inc (SSRM) Stock
SSR Mining Inc (TSE:SSRM) insider Alan Nigel Pangbourne acquired 3,450 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were acquired at an average cost of C$10.64 per share, with a total value of C$36,708.00.
SSR Mining Inc (SSRM) traded down C$0.17 during mid-day trading on Tuesday, reaching C$10.31. 221,385 shares of the company’s stock traded hands, compared to its average volume of 282,337. SSR Mining Inc has a 12-month low of C$10.18 and a 12-month high of C$16.11.
Several analysts have commented on SSRM shares. Canaccord Genuity lifted their target price on shares of SSR Mining from C$20.00 to C$21.00 in a research note on Monday, September 25th. BMO Capital Markets started coverage on shares of SSR Mining in a research note on Friday, November 17th. They issued an “outperform” rating and a C$12.50 target price for the company. Finally, Scotiabank raised shares of SSR Mining from a “sector perform” rating to an “outperform” rating and set a C$16.00 target price for the company in a research note on Tuesday, September 26th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$16.08.
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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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