SSRM stock icon

SSR Mining
SSRM

$5.50
0.72%

Market Cap: 1.11B

 

About: SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.

Employees: 2,500

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 5 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 66

6% more call options, than puts

Call options by funds: $7.45M | Put options by funds: $7.04M

0% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 3 (+0) [Q1 2024]

2.9% less ownership

Funds ownership: 64.85% [Q4 2023] → 61.95% (-2.9%) [Q1 2024]

7% less funds holding

Funds holding: 233 [Q4 2023] → 216 (-17) [Q1 2024]

28% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 61

58% less capital invested

Capital invested by funds: $1.42B [Q4 2023] → $602M (-$822M) [Q1 2024]

Research analyst outlook

5 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3
45%
downside
Avg. target
$5.15
6%
downside
High target
$6
9%
upside

5 analyst ratings

positive
0%
neutral
80%
negative
20%
CIBC
Cosmos Chiu
5%upside
$5.75
Neutral
Maintained
10 Jul 2024
UBS
Levi Spry
9%downside
$5
Neutral
Downgraded
22 Feb 2024
RBC Capital
Michael Siperco
45%downside
$3
Underperform
Downgraded
20 Feb 2024
RBC Capital
Michael Siperco
9%upside
$6
Sector Perform
Downgraded
15 Feb 2024
CIBC
Cosmos Chiu
9%upside
$6
Neutral
Downgraded
14 Feb 2024

Financial journalist opinion