SSR Mining (TSE:SSRM) Price Target Raised to C$18.00 at National Bankshares

SSR Mining (TSE:SSRM) had its target price increased by equities research analysts at National Bankshares from C$14.25 to C$18.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price target would indicate a potential upside of 13.14% from the company’s current price.

Separately, TD Securities boosted their price target on shares of SSR Mining from C$11.00 to C$13.00 and gave the company a “hold” rating in a research report on Wednesday, February 19th.

SSR Mining Price Performance

TSE SSRM traded up C$0.10 on Wednesday, reaching C$15.91. The company’s stock had a trading volume of 337,697 shares, compared to its average volume of 441,971. The firm has a market cap of C$2.27 billion, a PE ratio of -4.67, a price-to-earnings-growth ratio of 5.64 and a beta of 0.94. The business has a 50-day moving average price of C$12.96 and a 200 day moving average price of C$9.98. SSR Mining has a 52 week low of C$5.35 and a 52 week high of C$16.12. The company has a current ratio of 3.91, a quick ratio of 3.80 and a debt-to-equity ratio of 11.04.

Insider Buying and Selling

In related news, Director Rod Antal sold 52,076 shares of SSR Mining stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$14.09, for a total transaction of C$733,750.84. Also, Senior Officer Michael John Sparks sold 13,055 shares of the business’s stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of C$14.09, for a total transaction of C$183,944.95. 0.91% of the stock is owned by insiders.

About SSR Mining

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard’s revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina.