Can SSR Mining Inc’s (SSRM) hike of 13.86% in a week be considered a lucky break?

SSR Mining Inc (NASDAQ: SSRM) kicked off on Tuesday, up 4.57% from the previous trading day, before settling in for the closing price of $17.52. Over the past 52 weeks, SSRM has traded in a range of $4.82-$17.63.

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While this was happening, its average annual earnings per share was recorded 453.08%. With a float of $200.15 million, this company’s outstanding shares have now reached $202.78 million.

SSR Mining Inc (SSRM) Insider and Institutional Ownership

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 1.30%, while institutional ownership is 68.07%. 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) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.03 earnings per share (EPS), lower than consensus estimate (set at 0.1) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.53 per share during the current 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 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.85. Likewise, its price to free cash flow for the trailing twelve months is 22.69.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 2.34 in one year’s time.

Technical Analysis of SSR Mining Inc (SSRM)

The latest stats from [SSR Mining Inc, SSRM] show that its last 5-days average volume of 3.54 million was superior to 2.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 94.75%.

During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 98.67%, which indicates a significant increase from 96.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.59 in the past 14 days, which was higher than the 0.51 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.72, while its 200-day Moving Average is $10.27. Now, the first resistance to watch is $18.65. This is followed by the second major resistance level at $18.99. The third major resistance level sits at $19.52. If the price goes on to break the first support level at $17.78, it is likely to go to the next support level at $17.25. The third support level lies at $16.91 if the price breaches the second support level.

SSR Mining Inc (NASDAQ: SSRM) Key Stats

The company with the Market Capitalisation of 3.71 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 405,460 K and last quarter income was 90,080 K.

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