SSR Mining Inc (TSE:SSRM) insider Jonathan Gilligan sold 27,875 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of C$7.17, for a total value of C$199,863.75.
Shares of SSR Mining Inc (TSE:SSRM) traded down C$0.06 during midday trading on Thursday, reaching C$11.80. The company’s stock had a trading volume of 354,633 shares, compared to its average volume of 332,982. The company has a market cap of $1,440.00, a price-to-earnings ratio of 18.53 and a beta of -0.56. SSR Mining Inc has a 52-week low of C$9.66 and a 52-week high of C$15.35.
SSRM has been the topic of a number of research reports. National Bank Financial increased their price target on SSR Mining from C$15.75 to C$17.50 and gave the stock an “outperform” rating in a research report on Friday, January 26th. CSFB upgraded SSR Mining from a “neutral” rating to an “outperform” rating and dropped their price target for the stock from C$14.50 to C$14.00 in a research report on Tuesday, January 16th. Finally, BMO Capital Markets started coverage on SSR Mining in a research report on Friday, November 17th. They set an “outperform” rating and a C$12.50 price target on the stock. Five investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$16.00.
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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; the Pirquitas mine located in the province of Jujuy, northern Argentina; and the Seabee Gold Operation located near Laonil Lake, Saskatchewan.
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