SSR Mining (TSE:SSRM – Get Free Report) had its price target lowered by analysts at National Bankshares from C$23.00 to C$20.00 in a research report issued on Friday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 19.26% from the stock’s current price.
Several other equities research analysts have also recently commented on the company. Scotiabank lowered their target price on SSR Mining from C$29.00 to C$28.00 and set an “outperform” rating for the company in a research note on Tuesday, October 3rd. Desjardins set a C$22.75 target price on SSR Mining and gave the company a “buy” rating in a research note on Tuesday, October 24th. Canaccord Genuity Group lowered their target price on SSR Mining from C$26.50 to C$23.00 and set a “buy” rating for the company in a research note on Monday, July 24th. Finally, TD Securities lowered their target price on SSR Mining from C$33.00 to C$25.00 and set a “buy” rating for the company in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$22.68.
Read Our Latest Stock Report on SSRM
SSR Mining Stock Up 5.7 %
About SSR Mining
SSR Mining Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan province, Turkey; the Marigold mine located in Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy province, Argentina.
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