SSR Mining Inc. (TSE:SSRM) Senior Officer Fady Adel Edward Farid Sells 13,352 Shares

SSR Mining Inc. (TSE:SSRMGet Free Report) Senior Officer Fady Adel Edward Farid sold 13,352 shares of the company’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$6.07, for a total value of C$81,046.64.

SSR Mining Price Performance

TSE SSRM traded up C$0.06 on Monday, reaching C$5.87. 536,664 shares of the stock traded hands, compared to its average volume of 869,649. The firm’s fifty day simple moving average is C$10.57 and its 200 day simple moving average is C$15.01. The company has a quick ratio of 3.80, a current ratio of 7.01 and a debt-to-equity ratio of 7.94. The company has a market cap of C$1.19 billion, a price-to-earnings ratio of -9.03, a P/E/G ratio of 5.64 and a beta of 0.83. SSR Mining Inc. has a 12 month low of C$5.10 and a 12 month high of C$23.71.

Analyst Ratings Changes

Several brokerages have issued reports on SSRM. Scotiabank cut their price objective on SSR Mining from C$12.00 to C$6.00 in a research note on Wednesday, February 28th. Desjardins lowered SSR Mining from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$7.75 to C$6.75 in a report on Thursday, February 29th. Royal Bank of Canada lowered SSR Mining from a “sector perform” rating to an “underperform” rating and decreased their price objective for the stock from C$6.00 to C$3.00 in a report on Wednesday, February 21st. Finally, TD Securities lowered SSR Mining from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$23.00 to C$7.00 in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat, SSR Mining presently has an average rating of “Hold” and an average price target of C$12.96.

Check Out Our Latest Report on SSR Mining

SSR Mining Company Profile

(Get Free Report)

SSR Mining Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan province, Turkey; the Marigold mine located in Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy province, Argentina.

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