SSR Mining (TSE:SSRM) Price Target Raised to C$53.00

SSR Mining (TSE:SSRM) had its price objective upped by TD Securities from C$45.00 to C$53.00 in a research report report published on Thursday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

SSR Mining Price Performance

SSRM stock opened at C$41.46 on Thursday. SSR Mining has a 1 year low of C$12.30 and a 1 year high of C$45.70. The company has a debt-to-equity ratio of 11.76, a current ratio of 2.08 and a quick ratio of 3.80. The firm has a market capitalization of C$8.43 billion, a PE ratio of 22.41, a price-to-earnings-growth ratio of 5.64 and a beta of 1.07. The business has a 50 day simple moving average of C$35.55 and a 200-day simple moving average of C$32.20.

SSR Mining (TSE:SSRM) last announced its quarterly earnings data on Saturday, January 31st. The company reported C$1.20 EPS for the quarter. The firm had revenue of C$694.09 million for the quarter. SSR Mining had a return on equity of 12.03% and a net margin of 24.34%. Equities research analysts anticipate that SSR Mining will post 0.8051668 earnings per share for the current fiscal year.

About SSR Mining

SSR Mining Inc is an intermediate gold company with assets located in four jurisdictions: the USA, Türkiye, Canada, and Argentina. These assets are located within several of the world’s most prolific precious metal districts including the Çöpler mine along the Tethyan belt in Türkiye; the Marigold mine along the Battle Mountain-Eureka trend in Nevada, USA; the CC&V mine in the Cripple Creek Mining District of Colorado, USA; the Seabee mine along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna mine along the Bolivian silver belt in Jujuy, Argentina.