Is SSR Mining Inc (SSRM) Stock About to Get Hot Friday?

The market has been high on SSR Mining Inc (SSRM) stock recently. SSRM gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

SSR Mining Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SSRM!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With SSRM Stock Today?

SSR Mining Inc (SSRM) stock has risen 0.2% while the S&P 500 is down -1.1% as of 10:34 AM on Friday, Jan 21. SSRM has gained $0.03 from the previous closing price of $17.28 on volume of 385,421 shares. Over the past year the S&P 500 has risen 15.10% while SSRM is down -4.36%. SSRM earned $1.04 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.63. To screen for more stocks like SSR Mining Inc click here.

More About SSR Mining Inc

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Pirquitas mine. Click Here to get the full Stock Report for SSR Mining Inc stock.