SSR Mining Inc (SSRM) Now Covered by Analysts at BMO Capital Markets

BMO Capital Markets initiated coverage on shares of SSR Mining Inc (TSE:SSRM) in a report issued on Friday. The firm issued an outperform rating and a C$12.50 price target on the stock.

A number of other brokerages have also recently commented on SSRM. Scotiabank upgraded shares of SSR Mining from a sector perform rating to an outperform rating and set a C$16.00 price target on the stock in a research note on Tuesday, September 26th. Canaccord Genuity upped their price target on shares of SSR Mining from C$20.00 to C$21.00 in a research note on Sunday, October 1st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of C$16.08.

Shares of SSR Mining (TSE SSRM) traded up C$0.12 during mid-day trading on Friday, hitting C$11.15. 183,900 shares of the company were exchanged, compared to its average volume of 286,690. SSR Mining has a 12 month low of C$10.32 and a 12 month high of C$16.11.

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In other news, Director Mike Arthur E. Anglin bought 14,000 shares of the stock in a transaction on Wednesday, November 15th. The shares were acquired at an average cost of C$8.65 per share, for a total transaction of C$121,100.00. Also, insider Gregory John Martin sold 25,000 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of C$12.73, for a total transaction of C$318,250.00. Insiders have sold a total of 87,267 shares of company stock worth $681,267 over the last 90 days.

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.

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