SSR Mining (TSE:SSRM) PT Raised to C$25.00

SSR Mining (TSE:SSRM) had its price target hoisted by research analysts at National Bank Financial from C$24.00 to C$25.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 17.92% from the stock’s current price.

Separately, Pi Financial lifted their price target on SSR Mining from C$22.00 to C$24.50 in a research note on Wednesday, July 24th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of C$20.74.

SSRM stock traded up C$0.18 during mid-day trading on Wednesday, reaching C$21.20. 205,772 shares of the company traded hands, compared to its average volume of 305,348. The firm has a market cap of $2.58 billion and a PE ratio of 192.73. The company has a current ratio of 4.36, a quick ratio of 2.99 and a debt-to-equity ratio of 26.05. SSR Mining has a fifty-two week low of C$10.71 and a fifty-two week high of C$23.42. The company has a 50 day simple moving average of C$19.69.

In other news, Senior Officer W. John Decooman Jr. sold 5,500 shares of the business’s stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of C$18.50, for a total transaction of C$101,750.00. Following the completion of the transaction, the insider now directly owns 2,142 shares in the company, valued at approximately C$39,627. Also, Senior Officer Gregory John Martin sold 25,000 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of C$16.92, for a total transaction of C$423,000.00. Following the transaction, the insider now owns 19,030 shares of the company’s stock, valued at C$321,987.60.

About SSR Mining

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 Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.

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