SSR Mining (TSE:SSRM) Reaches New 12-Month High on Analyst Upgrade

SSR Mining Inc. (TSE:SSRMGet Free Report) shares hit a new 52-week high on Wednesday after TD Securities raised their price target on the stock from C$11.00 to C$13.00. TD Securities currently has a hold rating on the stock. SSR Mining traded as high as C$15.12 and last traded at C$14.91, with a volume of 653945 shares traded. The stock had previously closed at C$13.27.

SSR Mining Price Performance

The stock has a market capitalization of C$2.13 billion, a PE ratio of -4.39, a price-to-earnings-growth ratio of 5.64 and a beta of 0.94. The stock’s 50 day moving average is C$11.25 and its two-hundred day moving average is C$8.95. The company has a debt-to-equity ratio of 11.04, a quick ratio of 3.80 and a current ratio of 3.91.

SSR Mining Company Profile

(Get Free Report)

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.

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