SSR Mining Inc (SSRM) recent activity suggests a positive outlook with the last week’s performance of -2.42%

On Tuesday, SSR Mining Inc (NASDAQ: SSRM) was 0.53% up from the session before settling in for the closing price of $7.61. A 52-week range for SSRM has been $3.76 – $9.85.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Basic Materials sector company grew by 28.89% over the past five years. When this article was written, the company’s average yearly earnings per share was at -71.59%. With a float of $199.62 million, this company’s outstanding shares have now reached $202.11 million.

Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership

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 1.36%, while institutional ownership is 69.76%. 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) Latest Financial update

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 -71.59% 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 1.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.41.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.41, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.94 in one year’s time.

Technical Analysis of SSR Mining Inc (SSRM)

SSR Mining Inc (NASDAQ: SSRM) saw its 5-day average volume 2.0 million, a negative change from its year-to-date volume of 2.42 million. As of the previous 9 days, the stock’s Stochastic %D was 62.14%. Additionally, its Average True Range was 0.30.

During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 80.60%, which indicates a significant increase from 55.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.86% in the past 14 days, which was lower than the 57.02% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.83, while its 200-day Moving Average is $5.72. Nevertheless, the first resistance level for the watch stands at $7.75 in the near term. At $7.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.94. If the price goes on to break the first support level at $7.55, it is likely to go to the next support level at $7.46. The third support level lies at $7.36 if the price breaches the second support level.

SSR Mining Inc (NASDAQ: SSRM) Key Stats

There are 202,370K outstanding shares of the company, which has a market capitalization of 1.55 billion. As of now, sales total 1,427 M while income totals -98,010 K. Its latest quarter income was 257,360 K while its last quarter net income were 10,560 K.