6 days Ago By ABMN Staff
Franklin Resources Inc. raised its position in shares of SSR Mining Inc. ( NASDAQ:SSRM – Free Report ) (TSE:SSO) by 35.
9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 199,748 shares of the basic materials company’s stock after buying an additional 52,736 shares during the quarter. Franklin Resources Inc.
owned about 0.10% of SSR Mining worth $1,390,000 at the end of the most recent reporting period. Other institutional investors have also modified their holdings of the company.
US Bancorp DE lifted its position in SSR Mining by 62.4% during the fourth quarter. US Bancorp DE now owns 3,540 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 1,360 shares during the last quarter.
SBI Securities Co. Ltd. acquired a new position in shares of SSR Mining during the fourth quarter worth $29,000.
Allianz SE purchased a new stake in shares of SSR Mining during the 4th quarter valued at $30,000. Lincoln Capital LLC acquired a new stake in shares of SSR Mining in the 4th quarter worth $70,000. Finally, HighTower Advisors LLC boosted its position in shares of SSR Mining by 24.
8% in the 3rd quarter. HighTower Advisors LLC now owns 13,163 shares of the basic materials company’s stock worth $75,000 after purchasing an additional 2,619 shares in the last quarter. 68.
30% of the stock is currently owned by institutional investors. Analyst Ratings Changes SSRM has been the subject of a number of research analyst reports. National Bank Financial upgraded SSR Mining to a “hold” rating in a research note on Friday, March 21st.
StockNews.com raised SSR Mining from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. UBS Group increased their price objective on SSR Mining from $12.
10 to $12.35 and gave the company a “buy” rating in a report on Friday. CIBC lifted their target price on SSR Mining from $8.
25 to $9.75 and gave the stock a “neutral” rating in a report on Wednesday, February 19th. Finally, Royal Bank of Canada upgraded SSR Mining from an “underperform” rating to a “sector perform” rating and upped their target price for the company from $5.
50 to $8.00 in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock.
According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $10.03.
SSR Mining Price Performance Shares of SSRM opened at $10.87 on Tuesday. The business’s 50-day moving average is $10.
09 and its two-hundred day moving average is $7.83. The company has a market capitalization of $2.
20 billion, a P/E ratio of -8.43, a P/E/G ratio of 0.37 and a beta of 0.
30. SSR Mining Inc. has a fifty-two week low of $4.
32 and a fifty-two week high of $11.48. The company has a debt-to-equity ratio of 0.
08, a quick ratio of 1.97 and a current ratio of 4.70.
SSR Mining ( NASDAQ:SSRM – Get Free Report ) (TSE:SSO) last announced its quarterly earnings results on Tuesday, February 18th. The basic materials company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.
18 by ($0.08). SSR Mining had a negative net margin of 26.
24% and a positive return on equity of 1.46%. The company had revenue of $323.
19 million for the quarter, compared to analysts’ expectations of $262.20 million. Research analysts predict that SSR Mining Inc.
will post 0.73 earnings per share for the current year. SSR Mining Profile ( Free Report ) SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.
The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina. Recommended Stories Receive News & Ratings for SSR Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SSR Mining and related companies with MarketBeat.
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