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SSR Mining Inc (SSRM) Stock: Do Analysts Think You Should Buy?

Thursday, January 27, 2022 11:31 AM | InvestorsObserver Analysts

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SSR Mining Inc (SSRM) Stock: Do Analysts Think You Should Buy?

InvestorsObserver is giving SSR Mining Inc (SSRM) an Analyst Rating Rank of 63, meaning SSRM is ranked higher by analysts than 63% of stocks. The average price target for SSRM is $24.436 and analyst’s rate the stock as a Strong Buy.

Overall Score - 4.7
Wall Street analysts are rating SSRM a Strong Buy today. Find out what this means to you and get the rest of the rankings on SSRM!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With SSR Mining Inc Stock Today?

SSR Mining Inc (SSRM) stock is down -1.63% while the S&P 500 is up 1.12% as of 11:26 AM on Thursday, Jan 27. SSRM is lower by -$0.27 from the previous closing price of $16.59 on volume of 412,059 shares. Over the past year the S&P 500 has gained 17.27% while SSRM is lower by -1.27%. SSRM earned $1.04 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.77. Click Here to get the full Stock Report for SSR Mining Inc stock.

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