SSR Mining Inc (TSE:SSRM) insider Jonathan Gilligan sold 27,875 shares of the company’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of C$7.17, for a total transaction of C$199,863.75.
SSR Mining Inc (SSRM) traded up C$0.02 during midday trading on Wednesday, hitting C$11.85. 304,272 shares of the stock were exchanged, compared to its average volume of 330,960. SSR Mining Inc has a 1 year low of C$9.66 and a 1 year high of C$15.35. The company has a market capitalization of $1,420.00, a P/E ratio of 18.78 and a beta of -0.56.
SSRM has been the topic of a number of recent analyst reports. National Bank Financial reissued an “outperform” rating and issued a C$13.25 price objective on shares of SSR Mining in a research report on Thursday, December 14th. BMO Capital Markets began coverage on shares of SSR Mining in a research report on Friday, November 17th. They set an “outperform” rating and a C$12.50 target price on the stock. Finally, CSFB raised shares of SSR Mining from a “neutral” rating to an “outperform” rating and reduced their target price for the stock from C$14.50 to C$14.00 in a research report on Tuesday, January 16th. Five investment analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and a consensus price target of C$16.00.
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SSR Mining Company Profile
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 Pirquitas mine located in the province of Jujuy, northern Argentina; and the Seabee Gold Operation located near Laonil Lake, Saskatchewan.
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