SSR Mining Inc (SSRM) Receives Average Rating of “Buy” from Analysts
Shares of SSR Mining Inc (TSE:SSRM) have earned an average recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is C$15.68.
Several analysts recently issued reports on the company. Scotiabank upgraded SSR Mining from a “sector perform” rating to an “outperform” rating and set a C$16.00 price target for the company in a research note on Tuesday, September 26th. Canaccord Genuity boosted their price target on SSR Mining from C$20.00 to C$21.00 in a research note on Sunday, October 1st. BMO Capital Markets restated an “outperform” rating and issued a C$14.00 price target on shares of SSR Mining in a research note on Friday, September 8th. Finally, National Bank Financial restated an “outperform” rating and issued a C$13.25 price target on shares of SSR Mining in a research note on Thursday.
In related news, insider Jonathan Gilligan sold 45,400 shares of the company’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of C$5.83, for a total transaction of C$264,682.00. Also, insider Alan Nigel Pangbourne acquired 3,450 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average price of C$10.64 per share, with a total value of C$36,708.00. Over the last quarter, insiders have sold 87,267 shares of company stock valued at $681,267.
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.
Receive News & Ratings for SSR Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSR Mining and related companies with MarketBeat.com's FREE daily email newsletter.