SSR Mining Inc. (NASDAQ:SSRM) Receives $10.03 Average PT from Brokerages (2025)

Posted by Defense World Staff on Apr 26th, 2025

SSR Mining Inc. (NASDAQ:SSRM – Get Free Report) (TSE:SSO) has been given an average rating of “Hold” by the five ratings firms that are covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $10.03.

Several research firms have recently weighed in on SSRM. National Bank Financial upgraded shares of SSR Mining to a “hold” rating in a research note on Friday, March 21st. StockNews.com raised SSR Mining from a “sell” rating to a “hold” rating in a report on Friday, January 17th. UBS Group increased their target price on shares of SSR Mining from $12.10 to $12.35 and gave the company a “buy” rating in a research report on Friday, April 11th. CIBC raised their price objective on shares of SSR Mining from $8.25 to $9.75 and gave the stock a “neutral” rating in a report on Wednesday, February 19th. Finally, Royal Bank of Canada raised SSR Mining from an “underperform” rating to a “sector perform” rating and increased their price objective for the stock from $5.50 to $8.00 in a report on Wednesday, February 5th.

Get Our Latest Research Report on SSRM

Hedge Funds Weigh In On SSR Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of SSRM. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SSR Mining by 3.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 28,794 shares of the basic materials company’s stock worth $289,000 after acquiring an additional 1,089 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of SSR Mining by 0.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 241,415 shares of the basic materials company’s stock worth $1,686,000 after purchasing an additional 1,200 shares in the last quarter. Xponance Inc. increased its position in shares of SSR Mining by 9.3% during the 4th quarter. Xponance Inc. now owns 14,387 shares of the basic materials company’s stock valued at $100,000 after purchasing an additional 1,222 shares during the last quarter. CIBC Asset Management Inc raised its holdings in shares of SSR Mining by 0.5% during the 4th quarter. CIBC Asset Management Inc now owns 248,064 shares of the basic materials company’s stock valued at $1,729,000 after buying an additional 1,282 shares in the last quarter. Finally, US Bancorp DE lifted its position in SSR Mining by 62.4% in the 4th quarter. US Bancorp DE now owns 3,540 shares of the basic materials company’s stock worth $25,000 after buying an additional 1,360 shares during the last quarter. Hedge funds and other institutional investors own 68.30% of the company’s stock.

SSR Mining Stock Performance

NASDAQ:SSRM opened at $10.25 on Wednesday. The company has a current ratio of 4.70, a quick ratio of 1.97 and a debt-to-equity ratio of 0.08. The stock has a 50 day simple moving average of $10.34 and a 200 day simple moving average of $8.11. SSR Mining has a 1-year low of $4.32 and a 1-year high of $11.48. The stock has a market cap of $2.08 billion, a P/E ratio of -7.95, a PEG ratio of 0.37 and a beta of 0.30.

SSR Mining (NASDAQ:SSRM – Get Free Report) (TSE:SSO) last issued its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.08). The business had revenue of $323.19 million during the quarter, compared to the consensus estimate of $262.20 million. SSR Mining had a negative net margin of 26.24% and a positive return on equity of 1.46%. Research analysts anticipate that SSR Mining will post 0.73 earnings per share for the current year.

SSR Mining Company Profile

(Get Free Report

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.

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