SSRM (SSR Mining Inc) climbed 2.61 at the last close: Is This Today’s Most Popular Stock?

SSR Mining Inc (NASDAQ: SSRM) on Tuesday, soared 2.61% from the previous trading day, before settling in for the closing price of $5.74. Within the past 52 weeks, SSRM’s price has moved between $3.76 and $14.52.

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Basic Materials Sector giant saw their annual sales surged by 31.96% over the last five years. The company achieved an average annual earnings per share of -67.14%. With a float of $199.93 million, this company’s outstanding shares have now reached $202.95 million.

The firm has a total of 5400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 6.83%, operating margin of -9.99%, and the pretax margin is -52.12%.

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

Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of SSR Mining Inc is 1.07%, while institutional ownership is 69.26%. 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.

SSR Mining Inc (SSRM) Recent Fiscal highlights

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.26 earnings per share (EPS) for the period topping the consensus outlook (set at 0.26) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -67.14% per share during the next fiscal year.

SSR Mining Inc (NASDAQ: SSRM) Trading Performance Indicators

SSR Mining Inc (SSRM) is currently performing well based on its current performance indicators. A quick ratio of 1.78 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.97. Likewise, its price to free cash flow for the trailing twelve months is 11.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.39, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.57 in one year’s time.

Technical Analysis of SSR Mining Inc (SSRM)

Analysing the last 5-days average volume posted by the [SSR Mining Inc, SSRM], we can find that recorded value of 1.52 million was lower than the volume posted last year of 3.6 million. As of the previous 9 days, the stock’s Stochastic %D was 78.61%. Additionally, its Average True Range was 0.23.

During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 83.29%, which indicates a significant increase from 62.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.63% in the past 14 days, which was lower than the 54.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.42, while its 200-day Moving Average is $5.79. Now, the first resistance to watch is $5.98. This is followed by the second major resistance level at $6.07. The third major resistance level sits at $6.25. If the price goes on to break the first support level at $5.72, it is likely to go to the next support level at $5.54. Now, if the price goes above the second support level, the third support stands at $5.45.

SSR Mining Inc (NASDAQ: SSRM) Key Stats

Market capitalization of the company is 1.19 billion based on 202,096K outstanding shares. Right now, sales total 1,427 M and income totals -98,010 K. The company made 184,840 K in profit during its latest quarter, and 9,690 K in sales during its previous quarter.