SSR Mining (TSE:SSRM) Reaches New 52-Week High – Should You Buy?

SSR Mining Inc. (TSE:SSRM)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$50.71 and last traded at C$50.72, with a volume of 358882 shares changing hands. The stock had previously closed at C$48.85.

SSR Mining Price Performance

The firm has a fifty day moving average of C$40.70 and a 200 day moving average of C$40.45. The company has a current ratio of 9.79, a quick ratio of 3.80 and a debt-to-equity ratio of 0.07. The company has a market capitalization of C$11.01 billion, a P/E ratio of 45.81, a P/E/G ratio of 5.64 and a beta of 1.36.

SSR Mining (TSE:SSRM) last posted its earnings results on Tuesday, August 4th. The company reported C$0.94 earnings per share (EPS) for the quarter. SSR Mining had a net margin of 12.39% and a return on equity of 6.95%. The business had revenue of C$630.54 million for the quarter. On average, equities research analysts anticipate that SSR Mining Inc. will post 0.8051668 EPS for the current year.

SSR Mining Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, September 11th will be given a dividend of $0.03 per share. The ex-dividend date is Friday, August 14th. This represents a $0.12 annualized dividend and a yield of 0.2%.

SSR Mining Company Profile

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.