SSR Mining (SSRM) PT Raised to C$17.50

SSR Mining (TSE:SSRM) had its price objective raised by National Bank Financial from C$15.75 to C$17.50 in a research report released on Friday, January 26th. The firm currently has an outperform rating on the stock.

Several other research analysts have also weighed in on SSRM. CSFB raised SSR Mining from a neutral rating to an outperform rating and dropped their target price for the stock from C$14.50 to C$14.00 in a research report on Tuesday, January 16th. Canaccord Genuity upped their price target on SSR Mining from C$20.00 to C$21.00 in a research note on Sunday, October 1st. Finally, BMO Capital Markets started coverage on SSR Mining in a research note on Friday, November 17th. They set an outperform rating and a C$12.50 target price for the company. Five research analysts have rated the stock with a buy rating, SSR Mining has an average rating of Buy and a consensus target price of C$16.00.

Shares of SSR Mining (TSE:SSRM) traded down C$0.15 during trading on Friday, hitting C$10.84. The stock had a trading volume of 231,000 shares, compared to its average volume of 352,523. The firm has a market capitalization of $1,300.00, a price-to-earnings ratio of 16.94 and a beta of -0.60. SSR Mining has a 12 month low of C$9.66 and a 12 month high of C$15.73.

In related news, insider Alan Nigel Pangbourne bought 3,450 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was acquired at an average cost of C$10.64 per share, with a total value of C$36,708.00.

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SSR Mining Company Profile

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.

Analyst Recommendations for SSR Mining (TSE:SSRM)

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