Extremely important positive changes in investment behavior have recently occurred for SSR Mining Inc (NASDAQ: SSRM): its shorter term price trend turned up, and positive upside/downside volume developed.
SSR Mining Inc (NASDAQ: SSRM). Meaningful positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
SSRM is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
SSR Mining has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. SSR Mining has a good Appreciation Score of 82 but a poor Power Rating of 26, with the Neutral Value Trend Rating the result.
Recent Price Action
SSR Mining Inc (NASDAQ: SSRM) stock closed at $5.34 on 5/3/24 after a modest decline of -1.1%. However, this decline was accompanied by below average trading volume at 70% of normal. The stock has declined -3.3% during the last week and has been extremely weak relative to the market over the last nine months.
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