Xponance Inc. Purchases 1,222 Shares of SSR Mining Inc. (NASDAQ:SSRM)

Xponance Inc. boosted its stake in shares of SSR Mining Inc. (NASDAQ:SSRM – Free Report) (TSE:SSO) by 9.

3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,387 shares of the basic materials company’s stock after purchasing an additional 1,222 shares during the quarter. Xponance Inc.



’s holdings in SSR Mining were worth $100,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co.

increased its position in shares of SSR Mining by 16.6% during the 3rd quarter. JPMorgan Chase & Co.

now owns 1,548,252 shares of the basic materials company’s stock worth $8,794,000 after purchasing an additional 220,349 shares in the last quarter. Two Sigma Advisers LP grew its position in shares of SSR Mining by 16.2% during the 3rd quarter.

Two Sigma Advisers LP now owns 3,320,384 shares of the basic materials company’s stock worth $18,860,000 after buying an additional 462,000 shares during the period. Franklin Resources Inc. increased its stake in shares of SSR Mining by 649.

6% in the 3rd quarter. Franklin Resources Inc. now owns 147,012 shares of the basic materials company’s stock valued at $847,000 after acquiring an additional 127,401 shares during the last quarter.

Charles Schwab Investment Management Inc. raised its position in shares of SSR Mining by 6.0% in the 3rd quarter.

Charles Schwab Investment Management Inc. now owns 1,327,251 shares of the basic materials company’s stock valued at $7,542,000 after acquiring an additional 75,563 shares during the period. Finally, Verition Fund Management LLC boosted its stake in SSR Mining by 177.

5% during the 3rd quarter. Verition Fund Management LLC now owns 105,763 shares of the basic materials company’s stock worth $601,000 after acquiring an additional 67,657 shares during the last quarter. 68.

30% of the stock is owned by institutional investors and hedge funds. SSR Mining Stock Down 2.9 %SSRM stock opened at $10.

88 on Friday. The business has a 50-day moving average of $9.59 and a 200-day moving average of $7.

47. SSR Mining Inc. has a fifty-two week low of $4.

32 and a fifty-two week high of $11.48. The stock 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.

53. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.

70 and a quick ratio of 1.97. SSR Mining (NASDAQ:SSRM – Get Free Report) (TSE:SSO) last issued 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 positive return on equity of 1.46% and a negative net margin of 26.

24%. The business had revenue of $323.19 million for the quarter, compared to the consensus estimate of $262.

20 million. On average, sell-side analysts anticipate that SSR Mining Inc. will post 0.

73 earnings per share for the current fiscal year. Wall Street Analyst Weigh InSeveral equities analysts have recently issued reports on SSRM shares. StockNews.

com raised shares of SSR Mining from a “sell” rating to a “hold” rating in a report on Friday, January 17th. CIBC boosted their target price on SSR Mining from $8.25 to $9.

75 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. National Bank Financial raised SSR Mining to a “hold” rating in a research report on Friday, March 21st. Royal Bank of Canada upgraded SSR Mining from an “underperform” rating to a “sector perform” rating and boosted their price objective for the company from $5.

50 to $8.00 in a research report on Wednesday, February 5th. Finally, UBS Group raised their target price on shares of SSR Mining from $7.

15 to $12.05 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company.

According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $9.93.Get Our Latest Report on SSRMSSR Mining Company 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.Further ReadingFive stocks we like better than SSR MiningBank Stocks – Best Bank Stocks to Invest InMarketBeat Week in Review – 03/24 – 03/28What Are Dividend Achievers? An IntroductionShould You Buy UPS Stock Now? Deep Dive Into Its 5-Year LowHow Investors Can Find the Best Cheap Dividend Stocks4 Healthcare Stocks With Massive Gains—and More to ComeWant to see what other hedge funds are holding SSRM? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for SSR Mining Inc. (NASDAQ:SSRM – Free Report) (TSE:SSO)..