Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. SSR Mining Inc’s current trading price is -69.91% away from its 52-week high, while its distance from the 52-week low is 41.76%. The stock’s price range over this period has fluctuated between $3.76 and $17.72. The company, operating within the financial sector, had a trading volume of approximately 3.02 million for the day, which was noticeably lower than the average daily share volume of 5.62 million over the last 3 months.
SSR Mining Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $17.72 on 05/09/23 and the lowest value was $3.76 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SSR Mining Inc (SSRM) has experienced a quarterly decline of -43.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.08B and boasts a workforce of 5400 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.91, with a change in price of -5.51. Similarly, SSR Mining Inc recorded 4,405,720 in trading volume during the last 100 days, posting a change of -50.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SSRM stands at 0.10. Similarly, the long-term debt-to-equity ratio is also 0.09.
SSRM Stock Stochastic Average
Today’s raw stochastic average for SSR Mining Inc over the last 50 days is 79.39%.This indicates a increase from the raw stochastic average of the past 20 days, which was 50.99%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 61.96% and 64.84%, respectively.
SSRM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price loss of -50.46% this year. Over the last six months, there has been a stronger performance of -57.19%. The price of SSRM fallen by 3.70% during the last 30 days period. For the last 5-days stocks have slided -0.93%.
