SSR Mining (TSE:SSRM) Stock Price Up 0.7% – Should You Buy?

SSR Mining Inc. (TSE:SSRM)’s share price shot up 0.7% during mid-day trading on Thursday . The stock traded as high as C$8.58 and last traded at C$8.54. 344,236 shares were traded during trading, a decline of 36% from the average session volume of 540,260 shares. The stock had previously closed at C$8.48.

SSR Mining Trading Up 0.7 %

The business has a fifty day moving average price of C$8.14 and a two-hundred day moving average price of C$7.40. The company has a current ratio of 3.54, a quick ratio of 3.80 and a debt-to-equity ratio of 8.07. The firm has a market capitalization of C$1.73 billion, a PE ratio of -2.66, a PEG ratio of 5.64 and a beta of 0.94.

Insiders Place Their Bets

In related news, Senior Officer Michael John Sparks sold 20,087 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of C$7.75, for a total transaction of C$155,654.16. Also, Director Rod Antal sold 61,697 shares of the stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of C$7.75, for a total value of C$478,090.05. 0.91% of the stock is owned by insiders.

About SSR Mining

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.