A new trading day began on Friday, with SSR Mining Inc (NASDAQ: SSRM) stock price down -0.91% from the previous day of trading, before settling in for the closing price of $7.69. SSRM’s price has ranged from $3.76 to $10.10 over the past 52 weeks.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 28.89%. Meanwhile, its annual earnings per share averaged -71.60%. With a float of $199.62 million, this company’s outstanding shares have now reached $202.11 million.
Let’s determine the extent of company efficiency that accounts for 5400 employees. In terms of profitability, gross margin is 0.45%, operating margin of -17.31%, and the pretax margin is -63.06%.
SSR Mining Inc (SSRM) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of SSR Mining Inc is 1.36%, while institutional ownership is 69.56%. The most recent insider transaction that took place on Jan 03 ’25, was worth 48,130. In this transaction EVP, Ops & Sustainability of this company sold 6,722 shares at a rate of $7.16, taking the stock ownership to the 265,711 shares. Before that another transaction happened on Mar 07 ’24, when Company’s EVP, Growth and Innovation sold 2,076 for $4.52, making the entire transaction worth $9,384. This insider now owns 30,205 shares in total.
SSR Mining Inc (SSRM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.18 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -71.60% per share during the next fiscal year.
SSR Mining Inc (NASDAQ: SSRM) Trading Performance Indicators
Here are SSR Mining Inc’s current performance indicators. According to the last quarter’s results, the 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 1.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.41, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.94 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 2.37 million, which is a drop from its year-to-date volume of 2.67 million. As of the previous 9 days, the stock’s Stochastic %D was 75.44%. Additionally, its Average True Range was 0.30.
During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 79.74%, which indicates a significant decrease from 83.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.63% in the past 14 days, which was lower than the 57.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.57, while its 200-day Moving Average is $5.64. However, in the short run, SSR Mining Inc’s stock first resistance to watch stands at $7.71. Second resistance stands at $7.80. The third major resistance level sits at $7.87. If the price goes on to break the first support level at $7.56, it is likely to go to the next support level at $7.49. Should the price break the second support level, the third support level stands at $7.40.
SSR Mining Inc (NASDAQ: SSRM) Key Stats
With a market capitalization of 1.54 billion, the company has a total of 202,370K Shares Outstanding. Currently, annual sales are 1,427 M while annual income is -98,010 K. The company’s previous quarter sales were 257,360 K while its latest quarter income was 10,560 K.
