RBC Capital analyst Michael Siperco maintained a Hold rating on SSR Mining on October 7. The company’s shares closed yesterday at $22.85.
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According to TipRanks, Siperco is a top 25 analyst with an average return of 48.3% and a 73.35% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Lundin Gold, Orla Mining, and IAMGOLD.
Currently, the analyst consensus on SSR Mining is a Hold with an average price target of $16.75.
Based on SSR Mining’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $405.46 million and a net profit of $90.08 million. In comparison, last year the company earned a revenue of $184.84 million and had a net profit of $9.69 million
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