SSR Mining Inc (TSE:SSO) (NASDAQ:SSRI) – Investment analysts at Cormark lifted their FY2017 earnings per share estimates for SSR Mining in a research note issued to investors on Friday. Cormark analyst R. Gray now anticipates that the company will earn $0.67 per share for the year, up from their previous forecast of $0.66. Cormark also issued estimates for SSR Mining’s Q4 2017 earnings at $0.20 EPS, Q1 2018 earnings at $0.13 EPS, Q2 2018 earnings at $0.12 EPS, Q3 2018 earnings at $0.12 EPS, Q4 2018 earnings at $0.27 EPS and FY2018 earnings at $0.63 EPS.
Other equities analysts also recently issued research reports about the company. Royal Bank Of Canada upgraded SSR Mining from a “sector perform” rating to an “outperform” rating and set a C$17.00 price objective on the stock in a research report on Thursday, June 29th. Deutsche Bank AG reduced their price objective on SSR Mining from C$14.50 to C$14.00 in a research report on Friday, June 23rd. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$14.96.
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SSR Mining (TSE SSO) opened at 12.01 on Monday. The stock’s 50 day moving average price is $12.30 and its 200 day moving average price is $13.52. SSR Mining has a 52-week low of $10.32 and a 52-week high of $20.48.
In related news, insider Kelly Elizabet Stark-Anderson sold 25,300 shares of SSR Mining stock in a transaction that occurred on Friday, June 23rd. The stock was sold at an average price of C$13.10, for a total transaction of C$331,430.00.
About SSR Mining
SSR Mining Inc, formerly Silver Standard Resources Inc, is a Canada-based resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company’s segments include Pirquitas mine, Marigold mine, Seabee Gold Operation, and Exploration and evaluation properties.
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