On Friday, SSR Mining Inc (NASDAQ: SSRM) was -4.06% drop from the session before settling in for the closing price of $6.41. A 52-week range for SSRM has been $3.76 – $14.52.
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Basic Materials Sector giant saw their annual sales surged by 31.96% over the last five years. When this article was written, the company’s average yearly earnings per share was at -62.19%. 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) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SSR Mining Inc stocks. The insider ownership of SSR Mining Inc is 1.07%, while institutional ownership is 69.11%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.26 earnings per share (EPS) during the time that was better than consensus figure (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 -62.19% per share during the next fiscal year.
SSR Mining Inc (NASDAQ: SSRM) Trading Performance Indicators
You can see what SSR Mining Inc (SSRM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01. Likewise, its price to free cash flow for the trailing twelve months is 11.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.39, a number that is poised to hit 0.11 in the next quarter and is forecasted to reach 0.71 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 2.39 million was lower than the volume posted last year of 3.54 million. As of the previous 9 days, the stock’s Stochastic %D was 74.60%. Additionally, its Average True Range was 0.26.
During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 80.97%, which indicates a significant increase from 64.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.84% in the past 14 days, which was lower than the 54.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.66, while its 200-day Moving Average is $5.61. Now, the first resistance to watch is $6.31. This is followed by the second major resistance level at $6.47. The third major resistance level sits at $6.57. If the price goes on to break the first support level at $6.05, it is likely to go to the next support level at $5.96. Should the price break the second support level, the third support level stands at $5.80.
SSR Mining Inc (NASDAQ: SSRM) Key Stats
There are 202,096K outstanding shares of the company, which has a market capitalization of 1.24 billion. As of now, sales total 1,427 M while income totals -98,010 K. Its latest quarter income was 184,840 K while its last quarter net income were 9,690 K.
