SSR Mining Inc (NASDAQ: SSRM) kicked off on Monday, down -2.54% from the previous trading day, before settling in for the closing price of $5.91. Over the past 52 weeks, SSRM has traded in a range of $3.76-$12.04.
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Annual sales at Basic Materials sector company grew by 31.96% over the past five years. While this was happening, its average annual earnings per share was recorded -74.25%. With a float of $200.20 million, this company’s outstanding shares have now reached $202.95 million.
Let’s look at the performance matrix of the company that is accounted for 5400 employees. In terms of profitability, gross margin is 3.2%, operating margin of -17.31%, and the pretax margin is -63.06%.
SSR Mining Inc (SSRM) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of SSR Mining Inc is 1.07%, while institutional ownership is 69.62%. 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.59 earnings per share (EPS), higher than consensus estimate (set at 0.34) by 0.25. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -74.25% per share during the next fiscal year.
SSR Mining Inc (NASDAQ: SSRM) Trading Performance Indicators
Take a look at SSR Mining Inc’s (SSRM) current performance indicators. Last quarter, stock had a quick ratio of 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.41, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.57 in one year’s time.
Technical Analysis of SSR Mining Inc (SSRM)
SSR Mining Inc (NASDAQ: SSRM) saw its 5-day average volume 1.43 million, a negative change from its year-to-date volume of 3.44 million. As of the previous 9 days, the stock’s Stochastic %D was 83.73%. Additionally, its Average True Range was 0.27.
During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 63.16%, which indicates a significant increase from 60.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.54% in the past 14 days, which was higher than the 58.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.88, while its 200-day Moving Average is $5.21. Nevertheless, the first resistance level for the watch stands at $5.86 in the near term. At $5.95, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.06. If the price goes on to break the first support level at $5.66, it is likely to go to the next support level at $5.55. Assuming the price breaks the second support level, the third support level stands at $5.46.
SSR Mining Inc (NASDAQ: SSRM) Key Stats
The company with the Market Capitalisation of 1.61 billion has total of 202,370K Shares Outstanding. Its annual sales at the moment are 1,427 M in contrast with the sum of -98,010 K annual income. Company’s last quarter sales were recorded 257,360 K and last quarter income was 10,560 K.
