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 -39.06% away from its 52-week high, while its distance from the 52-week low is 84.04%. The stock’s price range over this period has fluctuated between $3.76 and $11.35. The company, operating within the financial sector, had a trading volume of approximately 4.58 million for the day, which was noticeably higher than the average daily share volume of 2.19 million over the last 3 months.
SSR Mining Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $11.35 on 12/19/23, while the lowest price for the same period was registered at $3.76 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
SSR Mining Inc (SSRM) has experienced a quarterly rise of 18.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.40B 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 5.75, with a change in price of +1.48. Similarly, SSR Mining Inc recorded 2,233,373 in trading volume during the last 100 days, posting a change of +27.21%.
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 0.11. Similarly, the long-term debt-to-equity ratio is also 0.10.
SSRM Stock Stochastic Average
Today’s raw stochastic average for SSR Mining Inc over the last 50 days is 56.88%.This indicates a increase from the raw stochastic average of the past 20 days, which was 47.39%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 58.22% and 64.86%, respectively.
SSRM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -35.69%.However, over the last six months, we can see a weaker performance of 50.11%. Over the last 30 days, the price of SSRM has fallen by 22.91%. And in the last five days, it has fallen by -14.78%.
