Scotiabank analyst Ovais Habib maintained a Hold rating on SSR Mining (SSRM – Research Report) today and set a price target of C$12.00. The company’s shares closed last Friday at $4.91.
Habib covers the Basic Materials sector, focusing on stocks such as Pan American Silver, SSR Mining, and B2Gold. According to TipRanks, Habib has an average return of -3.2% and a 36.64% success rate on recommended stocks.
In addition to Scotiabank, SSR Mining also received a Hold from National Bank’s Mike Parkin in a report issued on February 16. However, today, RBC Capital downgraded SSR Mining (NASDAQ: SSRM) to a Sell.
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SSRM market cap is currently $998.4M and has a P/E ratio of 4.85.
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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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