SSR Mining (TSE:SSRM) Sets New 1-Year High – Here’s What Happened

SSR Mining Inc. (TSE:SSRM)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$50.71 and last traded at C$50.72, with a volume of 358882 shares traded. The stock had previously closed at C$48.85.

SSR Mining Trading Up 2.3%

The company has a quick ratio of 3.80, a current ratio of 9.79 and a debt-to-equity ratio of 0.07. The business’s fifty day simple moving average is C$41.26 and its two-hundred day simple moving average is C$40.67. The company has a market cap of C$11.26 billion, a price-to-earnings ratio of 46.86, a PEG ratio of 5.64 and a beta of 1.36.

SSR Mining (TSE:SSRM) last announced its earnings results on Tuesday, August 4th. The company reported C$0.94 EPS for the quarter. The business had revenue of C$630.54 million for the quarter. SSR Mining had a net margin of 12.39% and a return on equity of 6.95%. On average, equities analysts predict that SSR Mining Inc. will post 0.8051668 EPS for the current year.

SSR Mining Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 14th.

About SSR Mining

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.