SSR Mining (TSE:SSRM) Stock Price Expected to Rise, TD Securities Analyst Says

SSR Mining (TSE:SSRM) had its price objective raised by research analysts at TD Securities from C$11.00 to C$13.00 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential downside of 12.58% from the stock’s previous close.

SSR Mining Stock Performance

Shares of TSE:SSRM opened at C$14.87 on Wednesday. The firm has a market capitalization of C$2.12 billion, a PE ratio of -4.37, a P/E/G ratio of 5.64 and a beta of 0.94. The company has a debt-to-equity ratio of 11.04, a current ratio of 3.91 and a quick ratio of 3.80. SSR Mining has a 12 month low of C$5.29 and a 12 month high of C$15.48. The business has a 50-day moving average of C$11.33 and a two-hundred day moving average of C$9.01.

About SSR Mining

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.