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UBS Keeps Their Buy Rating on SSR Mining (SSRM)

Tipranks - Tipranks - Tue Mar 31, 3:44PM CDT

In a report released on March 27, George Eadie from UBS maintained a Buy rating on SSR Mining, with a price target of C$58.00. The company’s shares closed today at C$36.69.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Eadie is an analyst with an average return of -3.8% and a 28.57% success rate. Eadie covers the Basic Materials sector, focusing on stocks such as SSR Mining, Warrior Met Coal, and Hudbay Minerals.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for SSR Mining with a C$57.83 average price target, which is a 57.62% upside from current levels. In a report released on March 27, TipRanks – OpenAI also upgraded the stock to a Buy with a C$38.00 price target.

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Based on SSR Mining’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$529.74 million and a net profit of C$184.25 million. In comparison, last year the company earned a revenue of C$323.19 million and had a net profit of C$5.56 million

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