In a report released on January 22, Michael Siperco from RBC Capital maintained a Buy rating on SSR Mining (SSRM – Research Report), with a price target of $14.00. The company’s shares closed yesterday at $9.53.
Siperco covers the Basic Materials sector, focusing on stocks such as Eldorado Gold, Hecla Mining Company, and New Gold. According to TipRanks, Siperco has an average return of -7.9% and a 31.46% success rate on recommended stocks.
In addition to RBC Capital, SSR Mining also received a Buy from Scotiabank’s Ovais Habib in a report issued on January 22. However, on January 8, Cormark Securities downgraded SSR Mining (NASDAQ: SSRM) to a Hold.
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The company has a one-year high of $17.45 and a one-year low of $9.57. Currently, SSR Mining has an average volume of 2.33M.
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SSR Mining (SSRM) Company Description:
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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