SSR Mining (SSRM) to Release Quarterly Earnings on Tuesday

SSR Mining (NASDAQ:SSRM) (TSE:SSO) is projected to issue its quarterly earnings data 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. Individual interested in participating in the company’s earnings conference call can do so using this link.

SSR Mining Stock Performance

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

Analysts Set New Price Targets

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

About SSR Mining

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.