SSR Mining (TSE:SSRM) Trading Down 2% – What’s Next?

Shares of SSR Mining Inc. (TSE:SSRM) fell 2% during mid-day trading on Wednesday . The company traded as low as C$34.09 and last traded at C$35.17. Approximately 293,477 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 504,527 shares. The stock had previously closed at C$35.87.

SSR Mining Stock Down 2.0%

The firm has a market cap of C$7.61 billion, a PE ratio of 33.50, a PEG ratio of 5.64 and a beta of 1.37. The company has a current ratio of 5.33, a quick ratio of 3.80 and a debt-to-equity ratio of 1.88. The firm has a 50 day moving average price of C$40.09 and a 200-day moving average price of C$39.61.

SSR Mining (TSE:SSRM) last released its earnings results on Tuesday, May 5th. The company reported C$1.60 earnings per share for the quarter. SSR Mining had a net margin of 12.26% and a return on equity of 6.80%. The firm had revenue of C$581.78 million for the quarter. Research analysts forecast that SSR Mining Inc. will post 0.8051668 EPS 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.