What is Cormark’s Forecast for SSR Mining Q1 Earnings?

SSR Mining Inc. (NASDAQ:SSRM) (TSE:SSO) – Analysts at Cormark dropped their Q1 2025 earnings estimates for SSR Mining in a research report issued on Tuesday, April 1st. Cormark analyst R. Gray now anticipates that the basic materials company will post earnings per share of $0.19 for the quarter, down from their previous estimate of $0.27. The consensus estimate for SSR Mining’s current full-year earnings is $0.73 per share. Cormark also issued estimates for SSR Mining’s Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.18 EPS and Q4 2025 earnings at $0.26 EPS.

A number of other analysts also recently issued reports on SSRM. CIBC raised their target price on SSR Mining from $8.25 to $9.75 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. StockNews.com upgraded shares of SSR Mining from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Royal Bank of Canada raised shares of SSR Mining from an “underperform” rating to a “sector perform” rating and lifted their target price for the stock from $5.50 to $8.00 in a research note on Wednesday, February 5th. National Bank Financial raised shares of SSR Mining to a “hold” rating in a research note on Friday, March 21st. Finally, UBS Group lifted their price target on shares of SSR Mining from $7.15 to $12.05 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $9.93.

SSR Mining Price Performance

NASDAQ:SSRM opened at $9.99 on Wednesday. SSR Mining has a one year low of $4.32 and a one year high of $11.48. The stock has a market cap of $2.02 billion, a PE ratio of -7.74, a P/E/G ratio of 0.37 and a beta of 0.53. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.97 and a current ratio of 4.70. The stock has a 50 day moving average price of $9.69 and a 200 day moving average price of $7.54.

SSR Mining (NASDAQ:SSRM) (TSE:SSO) last released its quarterly earnings data on Tuesday, February 18th. The basic materials company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.08). The business had revenue of $323.19 million during the quarter, compared to analyst estimates of $262.20 million. SSR Mining had a negative net margin of 26.24% and a positive return on equity of 1.46%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SSRM. US Bancorp DE raised its position in SSR Mining by 62.4% in the fourth quarter. US Bancorp DE now owns 3,540 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 1,360 shares during the period. SBI Securities Co. Ltd. acquired a new position in SSR Mining in the 4th quarter valued at about $29,000. Allianz SE purchased a new stake in SSR Mining during the fourth quarter worth about $30,000. Point72 DIFC Ltd acquired a new stake in shares of SSR Mining during the third quarter worth about $47,000. Finally, Lincoln Capital LLC purchased a new stake in SSR Mining during the 4th quarter worth approximately $70,000. Hedge funds and other institutional investors own 68.30% of the company’s stock.

SSR Mining Company Profile

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.