SSR Mining (TSE:SSRM) Shares Down 3.5% – Time to Sell?

SSR Mining Inc. (TSE:SSRM)’s share price dropped 3.5% on Thursday . The stock traded as low as C$49.48 and last traded at C$50.13. 366,293 shares were traded 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 Down 3.5%

The company has a market cap of C$10.85 billion, a price-to-earnings ratio of 45.16, a PEG ratio of 5.64 and a beta of 1.69. 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 business has a fifty day moving average of C$44.09 and a two-hundred day moving average of C$42.33.

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

SSR Mining Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Stockholders of record on Friday, September 11th will be given a dividend of $0.03 per share. The ex-dividend date is Friday, August 14th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.2%.

SSR Mining Company Profile

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.