SSR Mining Inc (NASDAQ: SSRM) on Friday, plunged -9.82% from the previous trading day, before settling in for the closing price of $10.08. Within the past 52 weeks, SSRM’s price has moved between $4.32 and $11.48.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 17.07%. The company achieved an average annual earnings per share of 305.38%. With a float of $199.83 million, this company’s outstanding shares have now reached $202.37 million.
Considering the fact that the conglomerate employs 3500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 0.83%, operating margin of -27.2%, and the pretax margin is -33.55%.
SSR Mining Inc (SSRM) Insider Activity
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of SSR Mining Inc is 1.34%, while institutional ownership is 66.41%. 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.
SSR Mining Inc (SSRM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 305.38% 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 2.58 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 1.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.29, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 2.02 in one year’s time.
Technical Analysis of SSR Mining Inc (SSRM)
Compared to the last year’s volume of 2.68 million, its volume of 3.15 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.22%. Additionally, its Average True Range was 0.57.
During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 61.93%, which indicates a significant increase from 11.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.74% in the past 14 days, which was lower than the 57.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.77, while its 200-day Moving Average is $6.81. Nevertheless, the first resistance level for the watch stands at $9.60 in the near term. At $10.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.52. If the price goes on to break the first support level at $8.68, it is likely to go to the next support level at $8.28. Should the price break the second support level, the third support level stands at $7.76.
SSR Mining Inc (NASDAQ: SSRM) Key Stats
Market capitalization of the company is 1.84 billion based on 202,386K outstanding shares. Right now, sales total 995,620 K and income totals -261,280 K. The company made 323,190 K in profit during its latest quarter, and 5,550 K in sales during its previous quarter.
