RBC Capital Reaffirms Their Buy Rating on SSR Mining (SSRM)
RBC Capital analyst Josh Wolfson maintained a Buy rating on SSR Mining yesterday and set a price target of $43.00.
Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Barrick Mining, and Royal Gold. According to TipRanks, Wolfson has an average return of 22.4% and a 65.63% success rate on recommended stocks.
In a report released on October 5, CIBC also maintained a Buy rating on the stock with a $50.00 price target.
Based on SSR Mining’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $443.8 million and a net profit of $127.78 million. In comparison, last year the company earned a revenue of $405.46 million and had a net profit of $90.08 million
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