SSR Mining Inc. (TSE:SSRM) Senior Officer Stewart Beckman Sells 5,400 Shares

SSR Mining Inc. (TSE:SSRMGet Rating) Senior Officer Stewart Beckman sold 5,400 shares of the business’s stock in a transaction on Thursday, November 10th. The shares were sold at an average price of C$19.29, for a total transaction of C$104,139.00. Following the completion of the transaction, the insider now owns 89,721 shares of the company’s stock, valued at C$1,730,269.49.

Stewart Beckman also recently made the following trade(s):

  • On Monday, October 10th, Stewart Beckman sold 5,400 shares of SSR Mining stock. The shares were sold at an average price of C$18.27, for a total transaction of C$98,638.56.
  • On Friday, September 9th, Stewart Beckman sold 5,400 shares of SSR Mining stock. The shares were sold at an average price of C$18.32, for a total transaction of C$98,917.20.

SSR Mining Price Performance

Shares of TSE SSRM opened at C$19.69 on Tuesday. The firm has a 50-day simple moving average of C$18.99 and a 200-day simple moving average of C$21.34. The stock has a market capitalization of C$4.07 billion and a price-to-earnings ratio of 10.59. The company has a quick ratio of 3.80, a current ratio of 5.79 and a debt-to-equity ratio of 10.63. SSR Mining Inc. has a 52 week low of C$17.01 and a 52 week high of C$31.00.

SSR Mining Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 19th. Stockholders of record on Monday, December 19th will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, November 17th. SSR Mining’s dividend payout ratio (DPR) is 13.98%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on SSRM. National Bankshares reduced their price objective on shares of SSR Mining from C$23.50 to C$23.00 and set a “sector perform” rating for the company in a research report on Thursday, November 10th. BMO Capital Markets began coverage on shares of SSR Mining in a research report on Friday, September 23rd. They set a “buy” rating and a C$25.00 price objective for the company. Finally, TD Securities reduced their price objective on shares of SSR Mining from C$35.00 to C$34.00 and set a “buy” rating for the company in a research report on Wednesday, November 9th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$27.90.

About SSR Mining

(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.

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