SSR Mining Inc. (TSE:SSRM) Announces Quarterly Dividend of $0.07

SSR Mining Inc. (TSE:SSRMGet Rating) announced a quarterly dividend on Thursday, May 12th, TickerTech reports. Stockholders of record on Thursday, June 9th will be paid a dividend of 0.07 per share on Thursday, June 9th. This represents a $0.28 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Thursday, May 12th.

Shares of SSRM stock opened at C$26.22 on Tuesday. The company has a market cap of C$5.58 billion and a price-to-earnings ratio of 12.40. SSR Mining has a 52 week low of C$18.08 and a 52 week high of C$31.00. The company has a quick ratio of 4.15, a current ratio of 5.64 and a debt-to-equity ratio of 12.17. The firm has a 50 day moving average of C$27.88 and a 200-day moving average of C$24.20.

Several analysts have recently commented on SSRM shares. National Bankshares downgraded shares of SSR Mining from an “outperform” rating to a “hold” rating and raised their price objective for the stock from C$27.50 to C$30.00 in a research report on Tuesday, March 15th. TD Securities increased their target price on SSR Mining from C$38.00 to C$39.00 and gave the stock a “buy” rating in a report on Wednesday, May 4th. BMO Capital Markets began coverage on SSR Mining in a report on Wednesday, May 4th. They issued a “buy” rating and a C$29.00 target price on the stock. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a C$27.00 target price on shares of SSR Mining in a report on Tuesday, February 1st. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$30.17.

SSR Mining Company Profile (Get Rating)

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

Further Reading

Dividend History for SSR Mining (TSE:SSRM)

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