SSR Mining FY2026 EPS Cut by National Bank Financial

SSR Mining Inc. (NASDAQ:SSRM) (TSE:SSO) – National Bank Financial dropped their FY2026 earnings estimates for shares of SSR Mining in a report released on Wednesday, May 7th. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings of $2.46 per share for the year, down from their previous estimate of $2.57. 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. National Bank Financial also issued estimates for SSR Mining’s FY2027 earnings at $1.31 EPS.

SSRM has been the topic of several other research reports. National Bankshares reiterated a “sector perform” rating on shares of SSR Mining in a research report on Wednesday, April 23rd. Cormark upgraded shares of SSR Mining from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, April 22nd. StockNews.com upgraded shares of SSR Mining from a “hold” rating to a “buy” rating in a research note on Tuesday. UBS Group lifted their price objective on shares of SSR Mining from $12.10 to $12.35 and gave the stock a “buy” rating in a research note on Friday, April 11th. Finally, CIBC boosted their price target on SSR Mining from $8.25 to $9.75 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $10.03.

SSR Mining Price Performance

SSR Mining stock opened at $10.55 on Monday. The company has a current ratio of 4.70, a quick ratio of 1.97 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $2.14 billion, a price-to-earnings ratio of -8.18, a PEG ratio of 0.37 and a beta of -0.15. The stock’s 50 day moving average is $10.44 and its 200-day moving average is $8.49. SSR Mining has a 12 month low of $4.32 and a 12 month high of $11.61.

SSR Mining (NASDAQ:SSRM) (TSE:SSO) last posted its earnings results on Tuesday, May 6th. The basic materials company reported $0.29 EPS for the quarter, beating 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 company had revenue of $303.43 million for the quarter, compared to the consensus estimate of $332.64 million.

Institutional Trading of SSR Mining

Large investors have recently modified their holdings of the stock. Barclays PLC increased its holdings in SSR Mining by 33.8% in the 3rd quarter. Barclays PLC now owns 701,763 shares of the basic materials company’s stock valued at $3,985,000 after buying an additional 177,447 shares during the period. Franklin Resources Inc. raised its position in SSR Mining by 649.6% during the third quarter. Franklin Resources Inc. now owns 147,012 shares of the basic materials company’s stock valued at $847,000 after purchasing an additional 127,401 shares in the last quarter. JPMorgan Chase & Co. raised its position in SSR Mining by 16.6% during the third quarter. JPMorgan Chase & Co. now owns 1,548,252 shares of the basic materials company’s stock valued at $8,794,000 after purchasing an additional 220,349 shares in the last quarter. HB Wealth Management LLC raised its position in SSR Mining by 11.3% during the fourth quarter. HB Wealth Management LLC now owns 14,376 shares of the basic materials company’s stock valued at $100,000 after purchasing an additional 1,463 shares in the last quarter. Finally, Lincoln Capital LLC acquired a new position in SSR Mining during the fourth quarter valued at approximately $70,000. 68.30% of the stock is owned by institutional investors and hedge funds.

About SSR Mining

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.