SSR Mining Inc (TSE:SSRM) has earned a consensus recommendation of “Buy” from the seven brokerages that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$15.68.
A number of analysts have recently issued reports on SSRM shares. Canaccord Genuity lifted their target price on SSR Mining from C$20.00 to C$21.00 in a research report on Monday, September 25th. National Bank Financial reaffirmed an “outperform” rating and set a C$13.25 target price on shares of SSR Mining in a research report on Thursday, December 14th. 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 target price on the stock. Finally, Scotiabank raised SSR Mining from a “sector perform” rating to an “outperform” rating and set a C$16.00 target price on the stock in a research report on Tuesday, September 26th.
In other SSR Mining news, Director Mike Arthur E. Anglin acquired 14,000 shares of SSR Mining stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average cost of C$8.65 per share, for a total transaction of C$121,100.00. Also, insider Alan Nigel Pangbourne acquired 3,450 shares of SSR Mining stock in a transaction dated Friday, December 1st. The shares were acquired at an average price of C$10.64 per share, with a total value of C$36,708.00.
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SSR Mining Company Profile
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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