Alert: Positive Investment/Fundamental Signals (12/6/24)-SSR Mining Inc (NASDAQ: SSRM)

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Significant positive changes in fundamentals have recently occurred for SSR Mining Inc (NASDAQ: SSRM): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, and the consensus estimate for December, 2025 increased significantly.

SSR Mining Inc (NASDAQ: SSRM) has recently enjoyed significant positive changes in investment behavior: its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

SSR Mining has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SSR Mining has a good Power Rating of 76 and a very high Appreciation Score of 89, triggering the Highest Value Trend Rating.

Recent Price Action

On 12/6/24, SSR Mining Inc (NASDAQ: SSRM) stock enjoyed a large increase of 4.3%, closing at $6.35. Moreover, unusually high trading volume at 159% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 10.2% during the last week.

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