Wall Street brokerages expect SSR Mining Inc (NASDAQ:SSRM) (TSE:SSO) to post earnings of $0.11 per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for SSR Mining’s earnings. SSR Mining reported earnings per share of $0.26 during the same quarter last year, which would indicate a negative year over year growth rate of 57.7%. The firm is scheduled to report its next earnings report after the market closes on Thursday, February 22nd.
On average, analysts expect that SSR Mining will report full-year earnings of $0.42 per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $0.31 per share, with EPS estimates ranging from $0.24 to $0.38. Zacks’ EPS calculations are an average based on a survey of analysts that cover SSR Mining.
Several equities analysts recently issued reports on the stock. BidaskClub raised shares of SSR Mining from a “strong sell” rating to a “sell” rating in a research note on Saturday, January 20th. Credit Suisse Group raised shares of SSR Mining from a “neutral” rating to an “outperform” rating in a research note on Tuesday, January 16th. Zacks Investment Research raised shares of SSR Mining from a “sell” rating to a “hold” rating in a research note on Wednesday, January 10th. Scotiabank downgraded shares of SSR Mining from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, January 9th. Finally, National Bank Financial reissued an “outperform market weight” rating on shares of SSR Mining in a research note on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $12.38.
Shares of SSR Mining (SSRM) traded down $0.18 on Friday, hitting $8.64. 1,294,431 shares of the company traded hands, compared to its average volume of 1,157,518. The company has a quick ratio of 7.96, a current ratio of 10.42 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $1,035.42, a P/E ratio of 15.71 and a beta of -0.18. SSR Mining has a fifty-two week low of $7.75 and a fifty-two week high of $12.02.
About SSR Mining
SSR Mining Inc, formerly Silver Standard Resources Inc, is a Canada-based resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company’s segments include Pirquitas mine, Marigold mine, Seabee Gold Operation, and Exploration and evaluation properties.
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