In a report released today, Ovais Habib from Scotiabank maintained a Hold rating on SSR Mining (SSRM – Research Report), with a price target of C$6.00. The company’s shares closed yesterday at $5.33.
Habib covers the Basic Materials sector, focusing on stocks such as OceanaGold, Lundin Gold, and First Majestic Silver. According to TipRanks, Habib has an average return of 1.5% and a 46.28% success rate on recommended stocks.
SSR Mining has an analyst consensus of Hold, with a price target consensus of $4.82.
The company has a one-year high of $17.02 and a one-year low of $3.76. Currently, SSR Mining has an average volume of 5.69M.
Based on the recent corporate insider activity of 49 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 (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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