National Bank Financial Estimates SSR Mining FY2025 Earnings

SSR Mining Inc. (NASDAQ:SSRM) (TSE:SSO) – Equities researchers at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for shares of SSR Mining in a note issued to investors on Wednesday, May 7th. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will earn $1.28 per share for the year, down from their previous estimate of $1.30. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for SSR Mining’s current full-year earnings is $0.73 per share.

SSR Mining (NASDAQ:SSRM) (TSE:SSO) last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.21. SSR Mining had a positive return on equity of 1.46% and a negative net margin of 26.24%. The firm had revenue of $303.43 million during the quarter, compared to analyst estimates of $332.64 million.

Other research analysts have also recently issued research reports about the stock. StockNews.com upgraded shares of SSR Mining from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Royal Bank of Canada upgraded SSR Mining from an “underperform” rating to a “sector perform” rating and increased their target price for the stock from $5.50 to $8.00 in a report on Wednesday, February 5th. National Bankshares reaffirmed a “sector perform” rating on shares of SSR Mining in a report on Wednesday, April 23rd. UBS Group increased their price objective on shares of SSR Mining from $12.10 to $12.35 and gave the stock a “buy” rating in a report on Friday, April 11th. Finally, CIBC boosted their target price on shares of SSR Mining from $8.25 to $9.75 and gave the stock a “neutral” rating in a research note on Wednesday, February 19th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.03.

SSR Mining Trading Up 7.7 %

Shares of SSR Mining stock opened at $11.61 on Friday. 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 stock has a market capitalization of $2.35 billion, a P/E ratio of -9.00, a price-to-earnings-growth ratio of 0.37 and a beta of -0.15. SSR Mining has a 12-month low of $4.32 and a 12-month high of $11.61. The company has a 50-day simple moving average of $10.44 and a 200 day simple moving average of $8.43.

Institutional Trading of SSR Mining

Several institutional investors and hedge funds have recently added to or reduced their stakes in SSRM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of SSR Mining by 21.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,079,816 shares of the basic materials company’s stock worth $70,265,000 after buying an additional 1,802,821 shares during the period. Federated Hermes Inc. grew its holdings in SSR Mining by 53.9% during the 4th quarter. Federated Hermes Inc. now owns 3,671,138 shares of the basic materials company’s stock worth $25,551,000 after acquiring an additional 1,285,347 shares during the period. Cibc World Market Inc. raised its position in shares of SSR Mining by 22.1% during the 4th quarter. Cibc World Market Inc. now owns 3,730,876 shares of the basic materials company’s stock valued at $25,967,000 after acquiring an additional 674,793 shares during the last quarter. Tidal Investments LLC boosted its position in shares of SSR Mining by 14.7% in the 4th quarter. Tidal Investments LLC now owns 3,174,367 shares of the basic materials company’s stock worth $22,094,000 after purchasing an additional 407,920 shares during the last quarter. Finally, Voloridge Investment Management LLC grew its stake in shares of SSR Mining by 22.2% during the fourth quarter. Voloridge Investment Management LLC now owns 2,203,900 shares of the basic materials company’s stock worth $15,339,000 after purchasing an additional 399,806 shares during the period. 68.30% of the stock is owned by institutional investors.

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.