SSR Mining (TSE:SSRM) had its price objective reduced by National Bank Financial from C$23.00 to C$22.00 in a research note issued to investors on Friday, BayStreet.CA reports.
Several other research analysts also recently weighed in on SSRM. BMO Capital Markets set a C$18.00 target price on shares of SSR Mining and gave the stock an outperform rating in a research report on Saturday, April 13th. Canaccord Genuity reissued a buy rating and issued a C$21.50 target price on shares of SSR Mining in a research report on Monday, March 25th. B. Riley reissued a neutral rating and issued a C$14.70 target price on shares of SSR Mining in a research report on Friday, March 1st. Finally, Pi Financial raised shares of SSR Mining from a neutral rating to a buy rating and lifted their target price for the stock from C$20.00 to C$22.00 in a research report on Monday, March 25th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. SSR Mining presently has an average rating of Buy and an average price target of C$19.70.
SSR Mining stock opened at C$15.11 on Friday. The company has a market capitalization of $1.75 billion and a PE ratio of 302.20. The company has a current ratio of 8.81, a quick ratio of 5.86 and a debt-to-equity ratio of 24.61. SSR Mining has a fifty-two week low of C$10.71 and a fifty-two week high of C$20.00.
SSR Mining Inc engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. Its projects include the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.
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