SSR Mining (TSE:SSRM) Stock Price Down 6% – Should You Sell?

SSR Mining Inc. (TSE:SSRM)’s share price traded down 6% during trading on Wednesday . The stock traded as low as C$38.39 and last traded at C$39.89. 486,721 shares were traded during trading, a decline of 6% from the average session volume of 515,810 shares. The stock had previously closed at C$42.44.

SSR Mining Trading Down 2.1%

The company has a debt-to-equity ratio of 1.88, a current ratio of 5.33 and a quick ratio of 3.80. The company has a fifty day moving average of C$41.80 and a 200-day moving average of C$38.93. The firm has a market capitalization of C$8.39 billion, a PE ratio of 38.50, a price-to-earnings-growth ratio of 5.64 and a beta of 1.37.

SSR Mining (TSE:SSRM) last released its quarterly earnings data on Tuesday, May 5th. The company reported C$1.60 earnings per share (EPS) for the quarter. SSR Mining had a return on equity of 6.80% and a net margin of 12.26%.The firm had revenue of C$581.78 million during the quarter. On average, sell-side analysts anticipate that SSR Mining Inc. will post 0.8051668 earnings per share for the current fiscal year.

About SSR Mining

SSR Mining Inc is an intermediate gold company with assets located in four jurisdictions: the USA, Türkiye, Canada, and Argentina. These assets are located within several of the world’s most prolific precious metal districts including the Çöpler mine along the Tethyan belt in Türkiye; the Marigold mine along the Battle Mountain-Eureka trend in Nevada, USA; the CC&V mine in the Cripple Creek Mining District of Colorado, USA; the Seabee mine along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna mine along the Bolivian silver belt in Jujuy, Argentina.