SSR Mining (TSE:SSRM) Trading Down 3.5% – Should You Sell?

SSR Mining Inc. (TSE:SSRM)’s stock price was down 3.5% during mid-day trading on Thursday . The stock traded as low as C$49.48 and last traded at C$50.13. 366,293 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 492,827 shares. The stock had previously closed at C$51.97.

SSR Mining Stock Up 0.3%

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$10.88 billion, a PE ratio of 45.29, a price-to-earnings-growth ratio of 5.64 and a beta of 1.69. The business’s 50-day simple moving average is C$44.20 and its 200-day simple moving average is C$42.39.

SSR Mining (TSE:SSRM) last released its quarterly earnings data on Tuesday, August 4th. The company reported C$0.94 EPS for the quarter. The business had revenue of C$630.54 million for the quarter. SSR Mining had a net margin of 12.39% and a return on equity of 6.95%. As a group, equities research analysts anticipate that SSR Mining Inc. will post 0.8051668 EPS for the current fiscal year.

SSR Mining Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Friday, September 11th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, August 14th.

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.