National Bank Financial Increases SSR Mining (SSRM) Price Target to C$15.75

SSR Mining (TSE:SSRM) had its price objective hoisted by investment analysts at National Bank Financial from C$13.25 to C$15.75 in a research report issued on Wednesday. The firm presently has an “outperform” rating on the stock. National Bank Financial’s price target indicates a potential upside of 40.12% from the company’s previous close.

Several other analysts also recently issued reports on SSRM. Canaccord Genuity boosted their price target on SSR Mining from C$20.00 to C$21.00 in a research note on Monday, September 25th. Scotiabank upgraded SSR Mining from a “sector perform” rating to an “outperform” rating and set a C$16.00 price target for the company in a research note on Tuesday, September 26th. BMO Capital Markets assumed coverage on SSR Mining in a research note on Friday, November 17th. They issued an “outperform” rating and a C$12.50 price target for the company. Finally, CSFB upgraded SSR Mining from a “neutral” rating to an “outperform” rating and cut their target price for the company from C$14.50 to C$14.00 in a research report on Tuesday. Six analysts have rated the stock with a buy rating, SSR Mining has an average rating of “Buy” and an average price target of C$15.75.

Shares of SSR Mining (TSE:SSRM) opened at C$11.24 on Wednesday. The stock has a market capitalization of $1,350.00, a price-to-earnings ratio of 17.56 and a beta of -0.73. SSR Mining has a one year low of C$9.66 and a one year high of C$16.11.

In related news, Director Mike Arthur E. Anglin bought 14,000 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was purchased at an average cost of C$8.65 per share, for a total transaction of C$121,100.00. Also, insider Alan Nigel Pangbourne bought 3,450 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were bought at an average price of C$10.64 per share, with a total value of C$36,708.00.

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SSR Mining Company Profile

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 Pirquitas mine located in the province of Jujuy, northern Argentina; and the Seabee Gold Operation located near Laonil Lake, Saskatchewan.

Analyst Recommendations for SSR Mining (TSE:SSRM)

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