The price of SSRM is predicted to go up -14.82%, based on the high correlation periods with ACAD. The similarity of these two price pattern on the periods is 98.61%.
SSRM
ACAD
Down: -14.82%Similarity: 98.61%
SSRM Revenue Forecast
SSRM EPS Forecast
SSRM FAQs
What is bull’s view on SSRM?
SSRM stock closed at $8.03 on January 31, 2025, with a slight post-market dip to $8.02. Bulls view SSRM positively due to its strong financial position, including a net cash balance of $104.3M, and the acquisition of the Cripple Creek & Victor gold mine, which adds 150,000+ ounces of annual gold production. With gold prices remaining robust, SSRM could recover to $10+ in the medium term as Çöpler mine uncertainties resolve.
What is bear's view on SSRM?
SSRM stock currently trades at $8.02, down 1.59% in regular trading on January 31, 2025. Bears argue that the Çöpler mine heap leach failure, costing $250M-$300M and with uncertain restart timelines, creates significant operational and financial risks. Additionally, the stock's weak momentum and reliance on gold prices make it vulnerable to further downside.
What is SSRM revenue forecast for next quarter?
The market consensus for SSRM's revenue in the upcoming quarter is projected to be approximately $342.492M USD.
What is SSRM eps forecast for next quarter?
The market consensus for SSRM's eps in the upcoming quarter is projected to be approximately $0.118 USD.
CIBC raised the firm's price target on SSR Mining to $9.75 from $8.25 and keeps a Neutral rating on the shares following the Q4 earnings report. The firm says the situation at Copler continues to be an overhang on the shares. However, the firm upped the price target to account for the progress being made across the asset base, including at Copler.