SSR Mining (TSE:SSRM) Sets New 1-Year High – What’s Next?

Shares of SSR Mining Inc. (TSE:SSRM) reached a new 52-week high on Thursday . The company traded as high as C$15.48 and last traded at C$15.18, with a volume of 120238 shares changing hands. The stock had previously closed at C$14.73.

Analyst Ratings Changes

Separately, TD Securities upped their price target on SSR Mining from C$11.00 to C$13.00 and gave the stock a “hold” rating in a report on Wednesday, February 19th.

SSR Mining Trading Down 0.2 %

The company has a debt-to-equity ratio of 11.04, a current ratio of 3.91 and a quick ratio of 3.80. The firm has a market capitalization of C$2.20 billion, a PE ratio of -4.52, a PEG ratio of 5.64 and a beta of 0.94. The firm’s fifty day moving average is C$12.74 and its two-hundred day moving average is C$9.84.

Insider Activity

In other news, Director Rod Antal sold 52,076 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$14.09, for a total value of C$733,750.84. Also, Senior Officer Michael John Sparks sold 13,055 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$14.09, for a total transaction of C$183,944.95. 0.91% of the stock is currently owned by corporate insiders.

SSR Mining Company Profile

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard’s revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina.