SSR Mining (SSRM – Research Report) received a Buy rating and a $14.00 price target from RBC Capital analyst Michael Siperco on February 13. The company’s shares closed yesterday at $4.83.
According to TipRanks, Siperco is an analyst with an average return of -13.3% and a 26.52% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as SSR Mining, Alamos Gold, and Eldorado Gold.
In addition to RBC Capital, SSR Mining also received a Buy from Desjardins’s Jonathan Egilo in a report issued yesterday. However, on February 14, TD Securities downgraded SSR Mining (NASDAQ: SSRM) to a Hold.
See today’s best-performing stocks on TipRanks >>
Based on SSR Mining’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $385.39 million and a net profit of $15.16 million. In comparison, last year the company earned a revenue of $166.63 million and had a GAAP net loss of $27.32 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on SSRM:
