BMO Capital analyst Ryan Thompson maintained a Buy rating on SSR Mining (SSRM – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $14.14.
According to TipRanks, Thompson is a 2-star analyst with an average return of 0.0% and a 32.24% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as Equinox Gold, Coeur Mining, and Endeavour Silver.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SSR Mining with a $23.29 average price target.
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The company has a one-year high of $24.38 and a one-year low of $12.92. Currently, SSR Mining has an average volume of 2.45M.
Based on the recent corporate insider activity of 87 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SSRM in relation to earlier this year.
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SSR Mining, Inc. engages in the operation, development, exploration, and acquisition of precious metal projects. It focuses on the Puna, Marigold Mines, and Seabee Gold Operations. The company was founded on December 11, 1946 is headquartered in Vancouver, Canada.
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