SSR Mining Inc (TSE:SSRM) Senior Officer Gregory John Martin sold 17,000 shares of the stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of C$18.59, for a total transaction of C$316,030.00. Following the completion of the transaction, the insider now directly owns 19,030 shares in the company, valued at C$353,767.70.
SSR Mining stock traded up C$0.05 during midday trading on Friday, hitting C$19.43. 161,800 shares of the company’s stock were exchanged, compared to its average volume of 313,456. SSR Mining Inc has a 12-month low of C$11.02 and a 12-month high of C$23.42. The company has a debt-to-equity ratio of 26.17, a quick ratio of 2.87 and a current ratio of 4.02. The stock has a market cap of $2.36 billion and a price-to-earnings ratio of 119.63. The firm’s 50 day simple moving average is C$21.11 and its 200 day simple moving average is C$17.99.
A number of research analysts recently commented on the stock. Pi Financial increased their target price on shares of SSR Mining from C$22.00 to C$24.50 in a research report on Wednesday, July 24th. National Bank Financial increased their target price on shares of SSR Mining from C$25.00 to C$28.00 and gave the company an “outperform” rating in a research report on Thursday, September 5th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$21.34.
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; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.
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