SSR Mining (TSE:SSRM) Price Target Raised to C$13.00 at TD Securities

SSR Mining (TSE:SSRM) had its price objective raised by investment analysts at TD Securities from C$11.00 to C$13.00 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ price objective would indicate a potential downside of 13.45% from the stock’s current price.

SSR Mining Stock Performance

SSR Mining stock traded up C$1.75 during trading hours on Wednesday, hitting C$15.02. The stock had a trading volume of 708,615 shares, compared to its average volume of 376,300. SSR Mining has a fifty-two week low of C$5.29 and a fifty-two week high of C$15.12. The company has a market cap of C$2.14 billion, a PE ratio of -4.41, a price-to-earnings-growth ratio of 5.64 and a beta of 0.94. The company has a 50-day moving average of C$11.13 and a two-hundred day moving average of C$8.88. The company has a quick ratio of 3.80, a current ratio of 3.91 and a debt-to-equity ratio of 11.04.

SSR Mining Company Profile

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.