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Analysts Offer Insights on Materials Companies: SSR Mining (SSRM) and Evolution Mining (OtherCAHPF)

Tipranks - Fri Apr 17, 1:58AM CDT

Analysts fell to the sidelines weighing in on SSR Mining (SSRM) and Evolution Mining (CAHPF) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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SSR Mining (SSRM)

In a report released yesterday, Josh Wolfson from RBC Capital maintained a Hold rating on SSR Mining, with a price target of $45.00. The company’s shares closed last Wednesday at $31.16.

According to TipRanks.com, Wolfson is a top 100 analyst with an average return of 24.7% and a 68.7% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Novagold Resources New, and Anglogold Ashanti PLC. ;'>

SSR Mining has an analyst consensus of Strong Buy, with a price target consensus of $42.69, implying a 31.2% upside from current levels. In a report issued on April 4, TipRanks – Anthropic also reiterated a Hold rating on the stock with a C$47.00 price target.

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Evolution Mining (CAHPF)

RBC Capital analyst Kaan Peker maintained a Hold rating on Evolution Mining yesterday and set a price target of A$14.60. The company’s shares closed last Wednesday at $10.70.

According to TipRanks.com, Peker is a 5-star analyst with an average return of 21.1% and a 57.2% success rate. Peker covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Sandfire Resources Limited, and Mineral Resources Limited. ;'>

Evolution Mining has an analyst consensus of Hold, with a price target consensus of $10.08, implying a -10.0% downside from current levels. In a report issued on April 12, Citi also maintained a Hold rating on the stock with a A$15.00 price target.

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