The trading price of SSR Mining Inc (NASDAQ:SSRM) closed higher on Friday, April 19, closing at $5.34, 3.89% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $17.72 and a 52-week low of $3.76. Over the past month, the stock has gained 29.61% in value.
SSR Mining Inc, whose market valuation is $1.08 billion at the time of this writing. The dividend yield on the company stock is 3.93%, while its Forward Dividend ratio is 0.21. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of SSR Mining Inc No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest SSRM has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that SSRM’s price is currently 12.33% off the SMA20 and 8.27% off the SMA50. The RSI metric on the 14-day chart is currently showing 61.90, and weekly volatility stands at 4.79%. When measured over the past 30 days, the indicator reaches 5.15%. SSR Mining Inc (NASDAQ:SSRM)’s beta value is currently sitting at 0.77, while the Average True Range indicator is currently displaying 0.27.
To see how SSR Mining Inc stock has been performing in comparison to its peers in the industry, here are the numbers: SSRM stock’s performance was 3.89% in the latest trading, and -64.91% in the past year.
An evaluation of the daily trading volume of SSR Mining Inc (NASDAQ:SSRM) indicates that the 3-month average is 5.28 million.
Currently, records show that 202.95 million of the company’s shares remain outstanding. The insiders hold 1.18% of outstanding shares, whereas institutions hold 70.68%. However, since the stock’s price has seen -50.37% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
