SSR Mining (SSRM) Upgraded to “Outperform” by Credit Suisse Group
SSR Mining (NASDAQ:SSRM) (TSE:SSO) was upgraded by stock analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a report issued on Tuesday, MarketBeat Ratings reports.
Other analysts also recently issued reports about the company. Zacks Investment Research upgraded SSR Mining from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. BidaskClub downgraded SSR Mining from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 11th. Scotiabank upgraded SSR Mining from a “sector perform” rating to an “outperform” rating and set a $13.00 target price for the company in a research report on Monday, September 25th. National Bank Financial reiterated an “outperform market weight” rating on shares of SSR Mining in a research report on Wednesday, December 13th. Finally, BMO Capital Markets assumed coverage on SSR Mining in a research report on Friday, November 17th. They set an “outperform” rating and a $12.50 target price for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $12.38.
Shares of SSR Mining (SSRM) traded up $0.13 on Tuesday, reaching $9.38. The company had a trading volume of 2,094,200 shares, compared to its average volume of 1,523,227. The company has a market capitalization of $1,120.00, a P/E ratio of 18.39 and a beta of -0.33. SSR Mining has a 12 month low of $7.75 and a 12 month high of $12.25. The company has a debt-to-equity ratio of 0.23, a quick ratio of 7.96 and a current ratio of 10.42.
SSR Mining Company Profile
SSR Mining Inc, formerly Silver Standard Resources Inc, is a Canada-based resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company’s segments include Pirquitas mine, Marigold mine, Seabee Gold Operation, and Exploration and evaluation properties.
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