SSR Mining (SSRM) Price Target Increased to C$23.00 by Analysts at National Bank Financial

SSR Mining (TSE:SSRM) had its price objective boosted by National Bank Financial from C$22.00 to C$23.00 in a report published on Thursday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research analysts have also commented on the company. Pi Financial raised SSR Mining from a neutral rating to a buy rating and upped their price target for the company from C$20.00 to C$22.00 in a research report on Monday, March 25th. BMO Capital Markets set a C$18.00 price target on SSR Mining in a research report on Monday, February 25th. B. Riley reaffirmed a neutral rating and set a C$14.70 price target on shares of SSR Mining in a research report on Friday, March 1st. Finally, Canaccord Genuity reaffirmed a buy rating and set a C$21.50 price target on shares of SSR Mining in a research report on Monday, March 25th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of C$19.87.

SSRM opened at C$15.69 on Thursday. The company has a market cap of $1.90 billion and a price-to-earnings ratio of 313.80. The company has a debt-to-equity ratio of 24.61, a current ratio of 8.81 and a quick ratio of 5.86. SSR Mining has a one year low of C$10.71 and a one year high of C$20.00.

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 Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.

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