SSR Mining Inc. (NASDAQ:SSRM – Free Report) (TSE:SSO) – Research analysts at National Bank Financial reduced their FY2026 EPS estimates for shares of SSR Mining in a research note issued to investors on Wednesday, May 7th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $2.46 per share for the year, down from their previous estimate of $2.57. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for SSR Mining’s current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for SSR Mining’s FY2027 earnings at $1.31 EPS.
SSR Mining (NASDAQ:SSRM – Get Free Report) (TSE:SSO) last announced its quarterly earnings results on Tuesday, May 6th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.21. SSR Mining had a negative net margin of 26.24% and a positive return on equity of 1.46%. The firm had revenue of $303.43 million during the quarter, compared to analysts’ expectations of $332.64 million.
Get Our Latest Stock Analysis on SSRM
SSR Mining Trading Up 7.7%
SSRM opened at $11.61 on Monday. SSR Mining has a twelve month low of $4.32 and a twelve month high of $11.61. The company has a quick ratio of 1.97, a current ratio of 4.70 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average of $10.44 and a 200-day moving average of $8.46. The stock has a market cap of $2.35 billion, a PE ratio of -9.00, a price-to-earnings-growth ratio of 0.37 and a beta of -0.15.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. US Bancorp DE grew its holdings in shares of SSR Mining by 62.4% during the fourth quarter. US Bancorp DE now owns 3,540 shares of the basic materials company’s stock valued at $25,000 after buying an additional 1,360 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of SSR Mining during the fourth quarter valued at about $29,000. Allianz SE acquired a new position in shares of SSR Mining during the fourth quarter valued at about $30,000. Lincoln Capital LLC bought a new position in shares of SSR Mining during the fourth quarter valued at about $70,000. Finally, Simplicity Wealth LLC bought a new position in shares of SSR Mining during the first quarter valued at about $109,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.
SSR Mining Company Profile
SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.
Featured Articles
- Five stocks we like better than SSR Mining
- What is the FTSE 100 index?
- Constellation Powers Up With Reinforced AI Data Center Strategy
- Health Care Stocks Explained: Why You Might Want to Invest
- Top Analyst-Rated Healthcare Stocks to Watch Now
- Why Are These Companies Considered Blue Chips?
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
Receive News & Ratings for SSR Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSR Mining and related companies with MarketBeat.com's FREE daily email newsletter.