SSR Mining (SSRM) Projected to Post Earnings on Tuesday

SSR Mining (NASDAQ:SSRM) (TSE:SSO) is projected to announce its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $244.25 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

SSR Mining Stock Performance

Shares of SSR Mining stock opened at $9.21 on Tuesday. The stock’s 50-day moving average is $7.39 and its 200 day moving average is $6.22. SSR Mining has a one year low of $3.76 and a one year high of $9.82. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.97 and a current ratio of 3.91.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SSRM. Royal Bank of Canada upgraded SSR Mining from an “underperform” rating to a “sector perform” rating and increased their price target for the stock from $5.50 to $8.00 in a report on Wednesday, February 5th. StockNews.com upgraded shares of SSR Mining from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Finally, UBS Group upped their price objective on shares of SSR Mining from $6.30 to $6.80 and gave the company a “buy” rating in a report on Tuesday, October 15th. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $6.85.

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.