SSR Mining (TSE:SSRM) Reaches New 1-Year High – Here’s What Happened

SSR Mining Inc. (TSE:SSRM)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as C$50.71 and last traded at C$50.72, with a volume of 358882 shares trading hands. The stock had previously closed at C$48.85.

SSR Mining Stock Performance

The firm has a market capitalization of C$11.01 billion, a PE ratio of 45.81, a P/E/G ratio of 5.64 and a beta of 1.36. The business has a 50-day simple moving average of C$40.70 and a 200-day simple moving average of C$40.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 9.79 and a quick ratio of 3.80.

SSR Mining (TSE:SSRM) last released its earnings results on Tuesday, August 4th. The company reported C$0.94 EPS for the quarter. SSR Mining had a return on equity of 6.95% and a net margin of 12.39%.The firm had revenue of C$630.54 million for the quarter. Equities research analysts expect that SSR Mining Inc. will post 0.8051668 earnings per share for the current fiscal year.

SSR Mining Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, September 11th will be issued a $0.03 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.12 dividend on an annualized basis and a yield of 0.2%.

About SSR Mining

SSR Mining Inc is an intermediate gold company with assets located in four jurisdictions: the USA, Türkiye, Canada, and Argentina. These assets are located within several of the world’s most prolific precious metal districts including the Çöpler mine along the Tethyan belt in Türkiye; the Marigold mine along the Battle Mountain-Eureka trend in Nevada, USA; the CC&V mine in the Cripple Creek Mining District of Colorado, USA; the Seabee mine along the Trans-Hudson Corridor in Saskatchewan, Canada; and the Puna mine along the Bolivian silver belt in Jujuy, Argentina.