SSR Mining (TSE:SSRM) PT Set at C$52.00 by TD

SSR Mining (TSE:SSRM) received a C$52.00 price target from stock analysts at TD in a report issued on Thursday, BayStreet reports. The brokerage currently has a “buy” rating on the stock. TD’s target price indicates a potential upside of 8.97% from the company’s current price.

SSR Mining Stock Up 0.6%

SSRM traded up C$0.28 during trading on Thursday, reaching C$47.72. The stock had a trading volume of 226,364 shares, compared to its average volume of 489,506. The company has a current ratio of 9.79, a quick ratio of 3.80 and a debt-to-equity ratio of 0.07. The company has a market capitalization of C$10.33 billion, a price-to-earnings ratio of 42.99, a P/E/G ratio of 5.64 and a beta of 1.69. The stock’s 50 day moving average is C$46.99 and its two-hundred day moving average is C$43.10. SSR Mining has a one year low of C$25.83 and a one year high of C$54.50.

SSR Mining (TSE:SSRM) last announced its earnings results on Tuesday, August 4th. The company reported C$0.94 EPS for the quarter. SSR Mining had a net margin of 12.39% and a return on equity of 6.95%. The firm had revenue of C$630.54 million for the quarter. As a group, analysts expect that SSR Mining will post 0.8051668 earnings per share for the current year.

SSR Mining Company Profile

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.