Pi Financial Boosts SSR Mining (TSE:SSRM) Price Target to C$24.50

SSR Mining (TSE:SSRM) had its target price lifted by Pi Financial from C$22.00 to C$24.50 in a report issued on Wednesday morning, BayStreet.CA reports.

Several other equities research analysts have also recently commented on SSRM. National Bank Financial boosted their price target on shares of Yamana Gold from C$4.25 to C$4.50 and gave the stock an outperform rating in a research report on Tuesday, July 23rd. BMO Capital Markets set a C$18.00 price target on shares of SSR Mining and gave the stock an outperform rating in a research report on Saturday, April 13th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of Buy and an average target price of C$20.54.

Shares of TSE:SSRM opened at C$20.96 on Wednesday. The business’s 50-day simple moving average is C$18.00. The company has a quick ratio of 2.99, a current ratio of 4.36 and a debt-to-equity ratio of 26.05. SSR Mining has a one year low of C$10.71 and a one year high of C$21.30. The company has a market cap of $2.54 billion and a PE ratio of 190.55.

In other news, Senior Officer W. John Decooman Jr. sold 5,500 shares of the company’s stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of C$18.50, for a total value of C$101,750.00. Following the sale, the insider now directly owns 2,142 shares of the company’s stock, valued at approximately C$39,627. Also, Senior Officer Gregory John Martin sold 25,000 shares of the company’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of C$16.92, for a total transaction of C$423,000.00. Following the completion of the sale, the insider now directly owns 19,030 shares in the company, valued at C$321,987.60.

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 Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.

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Analyst Recommendations for SSR Mining (TSE:SSRM)

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