SSR Mining Inc. Director Sells Shares Worth Over C$733,000
On Friday, March 7th, Rod Antal, a director at SSR Mining Inc. (TSE:SSRM - Get Free Report), sold 52,076 shares of the company's stock. The shares were sold at an average price of C$14.09, resulting in a total transaction value of C$733,750.84.
SSR Mining Stock Performance
During trading on Wednesday, SSR Mining's stock increased by C$0.47, reaching C$14.73. The trading volume for the day was 267,111 shares, which is lower than the average volume of 445,224 shares. Over the past year, the stock has seen a fifty-two week low of C$5.29 and a high of C$15.48. With a market capitalization of C$2.10 billion, the company currently has a PE ratio of -4.33 and a price-to-earnings-growth ratio of 5.64. The stock has demonstrated stability with a beta of 0.94. Furthermore, SSR Mining shows a 50-day moving average of C$12.44 and a 200-day moving average of C$9.68. The company's financial health is evidenced by a quick ratio of 3.80, a current ratio of 3.91, and a debt-to-equity ratio of 11.04.
Analysts Adjust Price Targets
In a recent development, TD Securities raised their price target for SSR Mining from C$11.00 to C$13.00 while maintaining a 'hold' rating on the stock, as noted in their research report dated February 19th.
SSR Mining Company Overview
SSR Mining Inc. is a mining company engaged in the extraction of precious metals across the Americas. The majority of its revenue comes from gold production, with a substantial contribution from silver. The company operates several mines, including the Marigold mine in Nevada, the Seabee Gold Operation in Saskatchewan, and the Pirquitas mine in Argentina.
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This article incorporates financial data to present a clear and concise overview of recent developments regarding SSR Mining Inc.
SSR Mining, Stocks, Transaction