SSR Mining (TSE:SSRM) Stock Price Expected to Rise, National Bankshares Analyst Says

SSR Mining (TSE:SSRM) had its target price increased by National Bankshares from C$14.25 to C$18.00 in a report released on Wednesday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, TD Securities boosted their price objective on SSR Mining from C$11.00 to C$13.00 and gave the company a “hold” rating in a research report on Wednesday, February 19th.

SSR Mining Trading Down 2.2 %

Shares of TSE:SSRM opened at C$15.56 on Wednesday. SSR Mining has a 52-week low of C$5.37 and a 52-week high of C$16.32. The stock has a market cap of C$2.22 billion, a price-to-earnings ratio of -4.57, a PEG ratio of 5.64 and a beta of 0.94. The company has a quick ratio of 3.80, a current ratio of 3.91 and a debt-to-equity ratio of 11.04. The business has a 50-day moving average price of C$13.26 and a 200-day moving average price of C$10.13.

Insider Activity at SSR Mining

In other news, Senior Officer Michael John Sparks sold 13,055 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of C$14.09, for a total transaction of C$183,944.95. Also, Director Rod Antal sold 52,076 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of C$14.09, for a total value of C$733,750.84. Company insiders own 0.91% of the company’s stock.

About SSR Mining

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard’s revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina.