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SSRM Stock: A Comprehensive Analysis and Forecast

In terms of market performance, SSR Mining Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $14.24 on 10/31/23, while the lowest value was $3.76 on 02/13/24.

52-week price history of SSRM Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. SSR Mining Inc’s current trading price is -56.67% away from its 52-week high, while its distance from the 52-week low is 64.10%. The stock’s price range during this period has fluctuated between $3.76 and $14.24. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 2.93 million for the day, which was evidently higher than the average daily volume of 2.05 million over the last three months.

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Financial Performance and Market Capitalization

SSR Mining Inc (SSRM) has experienced a quarterly rise of 28.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.74B and boasts a workforce of 5400 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.33, with a change in price of +1.03. Similarly, SSR Mining Inc recorded 2,609,295 in trading volume during the last 100 days, posting a change of +20.04%.

SSRM Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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 0.10.

SSRM Stock Stochastic Average

SSR Mining Inc’s raw stochastic average for the past 50 days is currently at 75.77%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 65.32%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 75.00% and 77.11%, respectively.

SSRM Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -42.66% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 14.26%. Over the past 30 days, the price of SSRM has fallen by 4.58%. And in the last five days, it has fallen by -3.74%.

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