National Bankshares Trims SSR Mining (TSE:SSRM) Target Price to C$32.50

SSR Mining (TSE:SSRMGet Rating) had its price objective cut by National Bankshares from C$33.00 to C$32.50 in a research note issued to investors on Tuesday morning, BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other equities research analysts also recently issued reports on SSRM. BMO Capital Markets assumed coverage on shares of SSR Mining in a report on Wednesday, May 4th. They issued a buy rating and a C$29.00 price target on the stock. TD Securities increased their target price on shares of SSR Mining from C$38.00 to C$39.00 and gave the stock a buy rating in a research note on Wednesday, May 4th. Finally, Royal Bank of Canada restated an outperform rating and issued a C$27.00 target price on shares of SSR Mining in a research note on Tuesday, February 1st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of Buy and a consensus price target of C$30.44.

Shares of TSE SSRM opened at C$24.77 on Tuesday. The company has a debt-to-equity ratio of 12.17, a quick ratio of 4.15 and a current ratio of 5.64. SSR Mining has a fifty-two week low of C$18.08 and a fifty-two week high of C$31.00. The stock has a market cap of C$5.27 billion and a PE ratio of 11.73. The stock has a fifty day moving average of C$27.77 and a 200-day moving average of C$24.35.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 9th. Stockholders of record on Thursday, June 9th will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date is Thursday, May 12th. SSR Mining’s dividend payout ratio (DPR) is presently 10.42%.

About SSR Mining (Get Rating)

SSR Mining Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; 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.

See Also

Analyst Recommendations for SSR Mining (TSE:SSRM)

Receive News & Ratings for SSR Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSR Mining and related companies with MarketBeat.com's FREE daily email newsletter.