National Bank Financial Reaffirms Outperform Rating for SSR Mining (SSRM)
SSR Mining (TSE:SSRM)‘s stock had its “outperform” rating reissued by investment analysts at National Bank Financial in a note issued to investors on Tuesday. They presently have a C$21.00 price objective on the stock. National Bank Financial’s target price would suggest a potential upside of 23.67% from the stock’s current price.
A number of other research analysts have also recently commented on the company. B. Riley restated a “neutral” rating and issued a C$14.70 price target on shares of SSR Mining in a research report on Friday, March 1st. BMO Capital Markets set a C$18.00 price target on SSR Mining in a research report on Monday, February 25th.
Shares of SSRM opened at C$16.98 on Tuesday. SSR Mining has a twelve month low of C$10.71 and a twelve month high of C$20.00. The stock has a market cap of $2.06 billion and a price-to-earnings ratio of 339.60. The company has a current ratio of 8.81, a quick ratio of 5.86 and a debt-to-equity ratio of 24.61.
SSR Mining Inc engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. Its projects include the Marigold mine located in Humboldt County, Nevada, the United States; and the Seabee Gold Operation located in Saskatchewan, Canada.
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