SSR Mining (TSE:SSRM) Given New C$53.00 Price Target at TD Securities

SSR Mining (TSE:SSRM) had its price objective increased by TD Securities from C$45.00 to C$53.00 in a research report sent to investors on Thursday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

SSR Mining Stock Performance

SSR Mining stock opened at C$42.61 on Thursday. SSR Mining has a twelve month low of C$12.30 and a twelve month high of C$45.70. The company has a quick ratio of 3.80, a current ratio of 2.08 and a debt-to-equity ratio of 11.76. The company has a market capitalization of C$8.66 billion, a P/E ratio of 23.03, a PEG ratio of 5.64 and a beta of 1.07. The stock’s 50 day moving average is C$35.34 and its 200 day moving average is C$32.01.

SSR Mining (TSE:SSRM) last announced its quarterly earnings data on Saturday, January 31st. The company reported C$1.20 earnings per share (EPS) for the quarter. SSR Mining had a return on equity of 12.03% and a net margin of 24.34%.The business had revenue of C$694.09 million during the quarter. On average, equities research analysts predict that SSR Mining will post 0.8051668 earnings per share for the current fiscal year.

SSR Mining Company Profile

SSR Mining Inc is an intermediate gold company with assets located in four jurisdictions: the USA, Türkiye, Canada, and Argentina. These assets are located within several of the world’s most prolific precious metal districts including the Çöpler mine along the Tethyan belt in Türkiye; the Marigold mine along the Battle Mountain-Eureka trend in Nevada, USA; the CC&V mine in the Cripple Creek Mining District of Colorado, USA; the Seabee mine along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna mine along the Bolivian silver belt in Jujuy, Argentina.