SSR Mining (SSRM) Reaches New 12-Month High at $18.75
Shares of SSR Mining Inc (TSE:SSRM) hit a new 52-week high during trading on Monday . The company traded as high as C$18.75 and last traded at C$18.66, with a volume of 69021 shares traded. The stock had previously closed at C$18.56.
A number of research firms have recently weighed in on SSRM. National Bank Financial upped their price objective on SSR Mining from C$15.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Monday, October 15th. Canaccord Genuity dropped their price objective on SSR Mining from C$20.00 to C$19.00 in a research note on Thursday, October 18th.
The company has a market capitalization of $2.23 billion and a price-to-earnings ratio of 88.86. The company has a debt-to-equity ratio of 24.48, a current ratio of 8.91 and a quick ratio of 6.26.
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About SSR Mining (TSE:SSRM)
SSR Mining Inc engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. Its projects include the Marigold mine located in Humboldt County, Nevada, the United States; and the Seabee Gold Operation located in Saskatchewan, Canada.
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