A new trading day began on Friday, with SSR Mining Inc (NASDAQ: SSRM) stock price up 5.52% from the previous day of trading, before settling in for the closing price of $18.3. SSRM’s price has ranged from $4.82 to $18.57 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 463.08%. With a float of $200.15 million, this company’s outstanding shares have now reached $202.78 million.
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 1.30%, while institutional ownership is 68.03%. 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
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.03 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current 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 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.01. Likewise, its price to free cash flow for the trailing twelve months is 23.92.
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 2.33 in one year’s time.
Technical Analysis of SSR Mining Inc (SSRM)
Compared to the last year’s volume of 2.75 million, its volume of 3.54 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 95.78%.
During the past 100 days, SSR Mining Inc’s (SSRM) raw stochastic average was set at 99.80%, which indicates a significant increase from 99.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.57 in the past 14 days, which was higher than the 0.50 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.06, while its 200-day Moving Average is $10.46. Nevertheless, the first resistance level for the watch stands at $19.70 in the near term. At $20.09, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.85. If the price goes on to break the first support level at $18.55, it is likely to go to the next support level at $17.79. Should the price break the second support level, the third support level stands at $17.40.
SSR Mining Inc (NASDAQ: SSRM) Key Stats
With a market capitalization of 3.92 billion, the company has a total of 202,780K Shares Outstanding. Currently, annual sales are 995,620 K while annual income is -261,280 K. The company’s previous quarter sales were 405,460 K while its latest quarter income was 90,080 K.
