SSR Mining (SSRM) Rating Increased to Outperform at CSFB

CSFB upgraded shares of SSR Mining (TSE:SSRM) from a neutral rating to an outperform rating in a research report sent to investors on Tuesday morning. The firm currently has C$14.00 price target on the stock, down from their prior price target of C$14.50.

Several other equities analysts have also recently commented on the company. Canaccord Genuity increased their target price on SSR Mining from C$20.00 to C$21.00 in a research note on Monday, September 25th. National Bank Financial restated an outperform rating and set a C$13.25 price objective on shares of SSR Mining in a research note on Thursday, December 14th. BMO Capital Markets assumed coverage on SSR Mining in a research note on Friday, November 17th. They set an outperform rating and a C$12.50 price objective on the stock. Finally, Scotiabank upgraded SSR Mining from a sector perform rating to an outperform rating and set a C$16.00 price objective on the stock in a research note on Tuesday, September 26th. Six investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus target price of C$15.75.

SSR Mining (SSRM) opened at C$11.24 on Tuesday. The company has a market capitalization of $1,350.00, a P/E 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 other news, insider Alan Nigel Pangbourne acquired 3,450 shares of SSR Mining stock in a transaction that occurred on Friday, December 1st. The shares were purchased at an average cost of C$10.64 per share, for a total transaction of C$36,708.00. Also, Director Mike Arthur E. Anglin acquired 14,000 shares of SSR Mining stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average price of C$8.65 per share, for a total transaction of C$121,100.00.

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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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