SSR Mining (SSRM) Upgraded at BidaskClub
BidaskClub upgraded shares of SSR Mining (NASDAQ:SSRM) (TSE:SSO) from a strong sell rating to a sell rating in a research note released on Saturday morning.
A number of other equities research analysts have also recently weighed in on SSRM. Zacks Investment Research upgraded shares of SSR Mining from a sell rating to a hold rating in a research report on Wednesday, January 10th. Credit Suisse Group upgraded shares of SSR Mining from a neutral rating to an outperform rating in a research report on Tuesday, January 16th. Scotiabank cut shares of SSR Mining from an outperform rating to a sector perform rating in a research report on Tuesday, January 9th. National Bank Financial restated an outperform market weight rating on shares of SSR Mining in a report on Wednesday, December 13th. Finally, BMO Capital Markets started coverage on shares of SSR Mining in a report on Friday, November 17th. They issued an outperform rating and a $12.50 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. SSR Mining has an average rating of Hold and a consensus price target of $12.38.
Shares of SSR Mining (NASDAQ:SSRM) traded up $0.04 on Friday, hitting $9.08. 624,068 shares of the company’s stock were exchanged, compared to its average volume of 1,029,323. SSR Mining has a 1-year low of $7.75 and a 1-year high of $12.25. The firm has a market capitalization of $1,088.15, a PE ratio of 16.51 and a beta of -0.33. The company has a current ratio of 10.42, a quick ratio of 7.96 and a debt-to-equity ratio of 0.23.
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About SSR Mining
SSR Mining Inc, formerly Silver Standard Resources Inc, is a Canada-based resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company’s segments include Pirquitas mine, Marigold mine, Seabee Gold Operation, and Exploration and evaluation properties.
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