SSR Mining (SSRM) Price Target Increased to C$17.00 by Analysts at National Bank Financial
SSR Mining (TSE:SSRM) had its target price hoisted by investment analysts at National Bank Financial from C$15.00 to C$17.00 in a research report issued to clients and investors on Monday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 22.83% from the stock’s previous close.
A number of other research analysts have also commented on the company. Pi Financial lowered their price target on SSR Mining from C$18.25 to C$17.50 and set a “buy” rating for the company in a research report on Friday, September 28th. Canaccord Genuity lowered their price target on SSR Mining from C$21.00 to C$20.00 in a research report on Tuesday, July 24th. Finally, Macquarie lowered their price target on SSR Mining from C$22.00 to C$20.00 in a research report on Tuesday, June 19th.
SSRM traded up C$0.07 during midday trading on Monday, reaching C$13.84. 236,248 shares of the company’s stock traded hands, compared to its average volume of 230,334. SSR Mining has a 52 week low of C$9.66 and a 52 week high of C$14.62.
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; and the Seabee Gold Operation located in Saskatchewan, Canada.
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