SSR Mining Inc (SSRM) volume exceeds 3.6 million: A new investment opportunity for investors

On Monday, SSR Mining Inc (NASDAQ: SSRM) opened at On Monday, remained unchanged from the last session, before settling in for the closing price of $5.19. Price fluctuations for SSRM have ranged from $3.76 to $17.72 over the past 52 weeks.

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During the last 5-year period, the sales growth of Basic Materials Sector giant was 31.96%. Company’s average yearly earnings per share was noted -84.94% at the time writing. With a float of $200.07 million, this company’s outstanding shares have now reached $202.95 million.

Let’s determine the extent of company efficiency that accounts for 5400 employees.

SSR Mining Inc (SSRM) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of SSR Mining Inc is 1.18%, while institutional ownership is 70.51%. The most recent insider transaction that took place on Mar 07 ’24, was worth 9,384. In this transaction EVP, Growth and Innovation of this company sold 2,076 shares at a rate of $4.52, taking the stock ownership to the 30,205 shares. Before that another transaction happened on May 12 ’23, when Company’s Director bought 8,000 for $16.23, making the entire transaction worth $129,840. This insider now owns 52,306 shares in total.

SSR Mining Inc (SSRM) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -84.94% per share during the next fiscal year.

SSR Mining Inc (NASDAQ: SSRM) Trading Performance Indicators

Check out the current performance indicators for SSR Mining Inc (SSRM). In the past quarter, the stock posted a quick ratio of 3.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.74. Likewise, its price to free cash flow for the trailing twelve months is 5.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 0.29 in one year’s time.

Technical Analysis of SSR Mining Inc (SSRM)

Looking closely at SSR Mining Inc (NASDAQ: SSRM), its last 5-days average volume was 4.65 million, which is a drop from its year-to-date volume of 4.87 million. As of the previous 9 days, the stock’s Stochastic %D was 71.10%. Additionally, its Average True Range was 0.28.

During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 17.27%, which indicates a significant decrease from 77.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.34% in the past 14 days, which was lower than the 127.87% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.19, while its 200-day Moving Average is $10.93. However, in the short run, SSR Mining Inc’s stock first resistance to watch stands at $5.31. Second resistance stands at $5.42. The third major resistance level sits at $5.54. If the price goes on to break the first support level at $5.08, it is likely to go to the next support level at $4.96. Now, if the price goes above the second support level, the third support stands at $4.85.

SSR Mining Inc (NASDAQ: SSRM) Key Stats

There are currently 201,901K shares outstanding in the company with a market cap of 1.05 billion. Presently, the company’s annual sales total 1,427 M according to its annual income of -98,010 K. Last quarter, the company’s sales amounted to 425,900 K and its income totaled -217,850 K.