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How to Buy Ssr Mining Stock

Ssr Mining Inc

SSR Mining Inc. , together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas.

Ssr Mining stock last closed at $5.50, down 0.72% from the previous day, and has decreased 62.56% in one year. It has underperformed other stocks in the Gold industry by 0.73 percentage points. Ssr Mining stock is currently +46.28% from its 52-week low of $3.76, and -63.98% from its 52-week high of $15.27.

As of Jul 17, 2024, there are 202.09M SSRM shares outstanding. The market cap of SSRM is $1.11B. In the last 24 hours, 2.38M SSRM shares were traded.

How to Buy Ssr Mining Stock

Not sure how to invest in Ssr Mining stock? Here's how.
  1. Choose where to buy Ssr Mining stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Ssr Mining stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Select your method of payment and add your information.
  4. Evaluate Ssr Mining stock: The Ssr Mining ticker symbol is SSRM. Is Ssr Mining stock a good investment? Should you buy shares of SSRM? How do SSRM's underlying business fundamentals look? Do top analysts think Ssr Mining is a good buy? Why has SSRM's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SSRM is a good stock to buy).
  5. Make your SSRM buy order: Decide if you will purchase SSRM shares at the current market price or use a limit order to buy SSRM shares at a specific price.
  6. Get notifications regarding your SSRM position: Create a watchlist to monitor your investment in Ssr Mining stock.

Step 1: Choose where to buy Ssr Mining stock

You will need a brokerage account to access the NASDAQ market and buy SSRM stock.

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Step 2: Sign up for a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal information so you can invest in SSRM today.

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Step 3: Deposit money your investment account

Now that you have created your account on the best stock market app for beginners, you can securely and quickly fund your account:

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Step 4: Evaluate Ssr Mining stock

Once you have decided on the best place to buy Ssr Mining stock, it's important to research their stock prior to investing, so you can understand the risk and upside.

Ssr Mining Metrics

SSRM Price
$5.50
1w %
12.94%
1y %
-62.56%
5y %
-63.01%
P/E
-2.7x
P/B
0.36x
P/S
0.83x
PEG
N/A
Revenue
$1.34B
Earnings
-$414.90M
Fore. Rev. Growth
-18.87%
Fore. Earn. Growth
N/A
Market Cap
$1.11B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

SSRM Due Diligence Checks

WallStreetZen was built to help everyday investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on SSRM's stock page.

Is SSRM stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SSRM's intrinsic value.

Using relative valuations methods:

  • SSRM may be undervalued based on its P/B ratio of 0.36x, relative to Gold industry P/B ratio of 1.97x

You can access additional valuation analysis on SSRM's stock here.

How do SSRM Financials look?

Signs that SSRM is financially healthy:

  • There are more short-term assets than long-term liabilities on the SSRM balance sheet.
  • There are more short-term assets than short-term liabilities on the SSRM balance sheet.
  • Total SSRM debt is lower than 5 years ago, relative to shareholder equity.
  • SSRM's operating cash flow of $443.39M allows it to safely service it's debt of $318.37M.

Signs that SSRM is not financially healthy:

  • SSRM has a relatively high debt to equity ratio of 0.43.
  • SSRM profit margin has gone down from 14.1% to -30.9% in the past year.
  • SSRM earnings of -$504.25M is not enough to cover its interest payments.

Is it a good time to buy Ssr Mining stock, according to analysts?

Out of 3 Equities analysts who give forecasts on SSRM, the consensus analyst rating on Ssr Mining is a Hold

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Ssr Mining stock forecast page.

SSRM Momentum

SMA10
5.01
SMA20
4.77
SMA50
5.05
SMA100
4.88
SMA200
7.93
MACD
0.11
MACD Signal
-0.02
MACD Histogram
0.13
RSI
67.8
Stochastic %K
93.85
Stochastic %D
92.63
StochRSI %K
98.3
StochRSI %D
99.43

Is SSRM Growing Revenue?

Last year, SSRM revenue was $1.34B. During the last 5 year, SSRM's revenue has increased by 24.49% per year. This was faster than the Gold industry average of 14.2%.

You can analyze SSRM's earnings and revenue performance here.

Latest Insiders Trades at SSRM

In the past year, insiders at SSRM have sold more shares than they have bought.

Rodney Antal, Executive Chairman of SSRM, was the latest SSRM insider to sell. They sold $57,634.52 worth of SSRM shares on Mar 7, 2024.

Dig into more about who owns SSRM shares here.

Does SSRM provide a stable income stream?

No, Ssr Mining doesn't provide an income stream by paying out dividends.

What others are saying about SSRM

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Step 5: Make your SSRM buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.

Click the Open button and eToro will place the order.

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Step 6: Get notifications regarding your SSRM position

Now that you own some SSRM shares, you'll want to keep up with your new stock purchase.

Put SSRM on a watchlist to track your SSRM stock.

SSRM Feed

How to Buy Stock in Ssr Mining

To summarize, here are the 6 steps for buying Ssr Mining stock:

  1. Choose where to buy Ssr Mining stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Evaluate Ssr Mining stock
  5. Make your SSRM buy order
  6. Get notifications regarding your SSRM position

If you require a brokerage, eToro is our favorite option.

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If you want to keep an eye on your new investment in Ssr Mining, add SSRM to your watchlist by clicking the button below.

NASDAQ: SSRM
$5.50-0.04 (-0.72%)
Updated Jul 17, 2024
Open eToro Account
NASDAQ: SSRM
$5.50-0.04 (-0.72%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ssr Mining share?

As of Jul 17, 2024, it costs $5.50 to buy one share of Ssr Mining stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.364 shares of SSRM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ssr Mining stock?

According to 3 Wall Street analysts who monitor Ssr Mining, their consensus recommendation is to hold Ssr Mining stock.

What is the best way to buy Ssr Mining stock?

One way to place an order for Ssr Mining stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.