Brokerages Set SSR Mining Inc (SSRM) PT at $15.68

Shares of SSR Mining Inc (TSE:SSRM) have been given an average rating of “Buy” by the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$15.68.

A number of research analysts recently weighed in on the company. National Bank Financial reissued an “outperform” rating and set a C$13.25 target price on shares of SSR Mining in a report on Thursday. Scotiabank raised SSR Mining from a “sector perform” rating to an “outperform” rating and set a C$16.00 target price on the stock in a report on Tuesday, September 26th. BMO Capital Markets assumed coverage on SSR Mining in a report on Friday, November 17th. They set an “outperform” rating and a C$12.50 target price on the stock. Finally, Canaccord Genuity boosted their target price on SSR Mining from C$20.00 to C$21.00 in a report on Sunday, October 1st.

SSR Mining (SSRM) traded down C$0.03 during mid-day trading on Thursday, hitting C$10.61. The company had a trading volume of 243,767 shares, compared to its average volume of 223,203. SSR Mining has a 1-year low of C$10.02 and a 1-year high of C$14.23.

In other news, Director Mike Arthur E. Anglin acquired 14,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were purchased at an average cost of C$8.65 per share, with a total value 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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About SSR Mining

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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