SSR Mining (TSE:SSRM) had its price target hoisted by National Bank Financial from C$15.75 to C$17.50 in a research report report published on Friday, January 26th. National Bank Financial currently has an outperform rating on the stock.
Several other research firms have also recently commented on SSRM. BMO Capital Markets started coverage on SSR Mining in a report on Friday, November 17th. They issued an outperform rating and a C$12.50 price target for the company. Canaccord Genuity lifted their price target on SSR Mining from C$20.00 to C$21.00 in a report on Sunday, October 1st. Finally, CSFB upgraded SSR Mining from a neutral rating to an outperform rating and lowered their price target for the company from C$14.50 to C$14.00 in a report on Tuesday, January 16th. Five research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus price target of C$16.00.
Shares of SSR Mining (TSE:SSRM) traded down C$0.20 during mid-day trading on Friday, hitting C$10.50. The stock had a trading volume of 269,803 shares, compared to its average volume of 369,051. SSR Mining has a twelve month low of C$9.65 and a twelve month high of C$14.23. The stock has a market capitalization of $1,260.00, a PE ratio of 16.15 and a beta of -0.60.
In related news, insider Alan Nigel Pangbourne purchased 3,450 shares of SSR Mining stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average cost of C$10.64 per share, with a total value of C$36,708.00.
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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 Pirquitas mine located in the province of Jujuy, northern Argentina; and the Seabee Gold Operation located near Laonil Lake, Saskatchewan.
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