SSR Mining Inc (NASDAQ:SSRM) price closed lower on Friday, April 12, dropping -2.81% below its previous close.
A look at the daily price movement shows that the last close reads $5.34. Taking into account the 52-week price action we note that the stock hit a 52-week high of $17.72 and 52-week low of $3.76. The stock added 24.16% on its value in the past month.
SSR Mining Inc, which has a market valuation of $1.05 billion. The company stock has a Forward Dividend ratio of 0.21, while the dividend yield is 4.05%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give SSRM a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that SSRM’s price is at present 15.72% off the SMA20 and -3.38% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 58.96, with weekly volatility standing at 7.21%. The indicator jumps to 5.06% when calculated based on the past 30 days. SSR Mining Inc (NASDAQ:SSRM)’s beta value is holding at 0.81, while the average true range (ATR) indicator is currently reading 0.29. An analysis of the SSR Mining Inc (NASDAQ:SSRM) stock in terms of its daily trading volume indicates that the 3-month average is 5.21 million.
Current records show that the company has 202.95M in outstanding shares. The insiders’ percentage holdings are 1.18% of outstanding shares while the percentage share held by institutions stands at 70.51%. But the -51.77% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
