SSR Mining (TSE:SSRM) Given a C$52.00 Price Target at TD

SSR Mining (TSE:SSRM) received a C$52.00 price target from equities researchers at TD in a report issued on Thursday, BayStreet reports. The brokerage currently has a “buy” rating on the stock. TD’s price objective would indicate a potential upside of 8.97% from the stock’s previous close.

SSR Mining Stock Performance

Shares of TSE:SSRM traded up C$0.28 during trading on Thursday, hitting C$47.72. 226,364 shares of the company were exchanged, compared to its average volume of 489,506. The stock has a 50 day moving average of C$46.99 and a 200 day moving average of C$43.10. The company has a debt-to-equity ratio of 0.07, a current ratio of 9.79 and a quick ratio of 3.80. SSR Mining has a 52-week low of C$25.83 and a 52-week high of C$54.50. The company has a market cap of C$10.33 billion, a PE ratio of 42.99, a P/E/G ratio of 5.64 and a beta of 1.69.

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

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.