SSR Mining (TSE:SSRM) Shares Up 2.8% – Here’s What Happened

SSR Mining Inc. (TSE:SSRM) shot up 2.8% during mid-day trading on Thursday . The stock traded as high as C$7.78 and last traded at C$7.75. 371,087 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 552,177 shares. The stock had previously closed at C$7.54.

SSR Mining Price Performance

The business has a fifty day simple moving average of C$7.98 and a two-hundred day simple moving average of C$7.33. 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 stock has a market cap of C$1.57 billion, a PE ratio of -2.41, a P/E/G ratio of 5.64 and a beta of 0.94.

Insider Buying and Selling

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