A number of other research firms also recently weighed in on SSRM. CSFB raised shares of SSR Mining from a neutral rating to an outperform rating and decreased their target price for the company from C$14.50 to C$14.00 in a research report on Tuesday, January 16th. Canaccord Genuity increased their price target on SSR Mining from C$21.00 to C$22.00 in a report on Monday, April 23rd. Five analysts have rated the stock with a buy rating, SSR Mining currently has an average rating of Buy and a consensus target price of C$16.18.
SSRM traded up C$0.10 on Friday, hitting C$13.23. 77,289 shares of the stock were exchanged, compared to its average volume of 293,426. SSR Mining has a 12 month low of C$9.66 and a 12 month high of C$14.62.
In other SSR Mining news, insider Jonathan Gilligan sold 27,875 shares of SSR Mining stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of C$7.17, for a total transaction of C$199,863.75. Also, Director Paul Benson bought 10,000 shares of SSR Mining stock in a transaction on Tuesday, March 13th. The shares were bought at an average cost of C$11.62 per share, with a total value of C$116,200.00.
About SSR Mining
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; and the Seabee Gold Operation located in Saskatchewan, Canada.
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