SSR Mining Inc (SSRM) volume exceeds 6.77 million: A new investment opportunity for investors

SSR Mining Inc (NASDAQ: SSRM) kicked off on Monday, up 1.73% from the previous trading day, before settling in for the closing price of $12.71. Over the past 52 weeks, SSRM has traded in a range of $4.32-$13.33.

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A company in the Basic Materials sector has jumped its sales by 10.41% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 301.03%. With a float of $200.15 million, this company’s outstanding shares have now reached $202.54 million.

In an organization with 3500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 36.1%, operating margin of 11.19%, and the pretax margin is 11.37%.

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 1.29%, while institutional ownership is 68.00%. 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) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 301.03% 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 1.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.40, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 2.05 in one year’s time.

Technical Analysis of SSR Mining Inc (SSRM)

Let’s dig in a bit further. During the last 5-days, its volume was 3.28 million. That was better than the volume of 2.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 61.45%. Additionally, its Average True Range was 0.52.

During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 93.07%, which indicates a significant increase from 79.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.32% in the past 14 days, which was lower than the 55.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.10, while its 200-day Moving Average is $8.32. However, in the short run, SSR Mining Inc’s stock first resistance to watch stands at $13.24. Second resistance stands at $13.56. The third major resistance level sits at $13.88. If the price goes on to break the first support level at $12.60, it is likely to go to the next support level at $12.28. Assuming the price breaks the second support level, the third support level stands at $11.96.

SSR Mining Inc (NASDAQ: SSRM) Key Stats

The company with the Market Capitalisation of 2.62 billion has total of 202,780K Shares Outstanding. Its annual sales at the moment are 995,620 K in contrast with the sum of -261,280 K annual income. Company’s last quarter sales were recorded 316,620 K and last quarter income was 58,780 K.

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