SSR Mining (SSRM) Gets a Buy Rating from RBC Capital


In a report released yesterday, Mark Mihaljevic from RBC Capital maintained a Buy rating on SSR Mining (SSRM), with a price target of $30.00. The company’s shares closed last Tuesday at $19.25.

According to TipRanks.com, Mihaljevic is a 5-star analyst with an average return of 18.5% and a 64.2% success rate. Mihaljevic covers the Basic Materials sector, focusing on stocks such as Hecla Mining Company, Torex Gold Resources, and Pan American Silver.

Currently, the analyst consensus on SSR Mining is a Strong Buy with an average price target of $32.42, representing a 60.7% upside. In a report issued on July 28, Canaccord Genuity also maintained a Buy rating on the stock with a C$38.00 price target.

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The company has a one-year high of $25.32 and a one-year low of $9.00. Currently, SSR Mining has an average volume of 2.06M.

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SSR Mining, Inc. engages in the operation, development, exploration, and acquisition of precious metal projects. It focuses on the Puna, Marigold Mines, and Seabee Gold Operations. The company was founded on December 11, 1946 is headquartered in Vancouver, Canada.

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