SSR Mining (SSRM) Stock Forecast, Price Target & Predictions


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SSRM Stock Forecast


SSR Mining stock forecast is as follows: an average price target of $6.49 (represents a -6.62% downside from SSRM’s last price of $6.95) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

SSRM Price Target


The average price target for SSR Mining (SSRM) is $6.49 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $6.49 to $6.49. This represents a potential -6.62% downside from SSRM's last price of $6.95.

SSRM Analyst Ratings


Hold

According to 5 Wall Street analysts, SSR Mining's rating consensus is 'Hold'. The analyst rating breakdown for SSRM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

SSR Mining Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 28, 2024Michael SipercoRBC Capital$6.49$4.4247.00%-6.62%
Jun 28, 2022Michael SipercoRBC Capital$28.00$17.3061.85%302.88%

The latest SSR Mining stock forecast, released on Feb 28, 2024 by Michael Siperco from RBC Capital, set a price target of $6.49, which represents a 47.00% increase from the stock price at the time of the forecast ($4.42), and a -6.62% decrease from SSRM last price ($6.95).

SSR Mining Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$6.49
Last Closing Price$6.95$6.95$6.95
Upside/Downside-100.00%-100.00%-6.62%

In the current month, the average price target of SSR Mining stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SSR Mining's last price of $6.95. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 10, 2024National BankSector PerformSector PerformHold
Aug 19, 2024ScotiabankSector PerformSector PerformHold
Aug 07, 2024National BankSector PerformSector PerformHold
Jul 17, 2024National BankSector PerformSector PerformHold
Jul 10, 2024CIBCNeutralNeutralHold
Jun 05, 2024UBSBuyUpgrade
Feb 20, 2024RBC CapitalUnderperformDowngrade
Apr 26, 2022Zacks Investment ResearchHoldUpgrade

SSR Mining's last stock rating was published by National Bank on Oct 10, 2024. The company gave SSRM a "Sector Perform" rating, the same as its previous rate.

SSR Mining Financial Forecast


SSR Mining Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$385.39M$301.03M$314.61M$306.38M$166.63M$319.58M$355.45M$407.92M$322.85M$376.95M$366.48M$370.73M$225.41M$92.48M$164.46M$177.60M$147.85M
Avg Forecast$312.21M$309.41M$309.25M$331.07M$316.34M$313.58M$302.47M$244.43M$262.84M$216.79M$168.59M$227.47M$424.32M$389.78M$304.00M$287.29M$318.80M$215.03M$302.02M$325.70M$383.36M$331.26M$342.45M$341.26M$406.07M$198.08M$96.51M$169.30M$180.68M$145.78M
High Forecast$317.51M$314.66M$314.50M$336.69M$321.71M$318.90M$307.60M$248.58M$272.06M$220.47M$171.45M$231.33M$431.52M$396.39M$309.16M$292.17M$324.21M$215.03M$302.02M$325.70M$383.36M$331.26M$342.45M$341.26M$406.07M$198.08M$96.51M$169.30M$180.68M$145.78M
Low Forecast$306.91M$304.16M$304.00M$325.45M$310.97M$308.25M$297.33M$240.29M$253.62M$213.11M$165.73M$223.61M$417.12M$383.16M$298.84M$282.42M$313.39M$215.03M$302.02M$325.70M$383.36M$331.26M$342.45M$341.26M$406.07M$198.08M$96.51M$169.30M$180.68M$145.78M
# Analysts111111112111111111111111559644
Surprise %-------------0.99%0.99%1.10%0.96%0.77%1.06%1.09%1.06%0.97%1.10%1.07%0.91%1.14%0.96%0.97%0.98%1.01%

SSR Mining's average Quarter revenue forecast for Dec 23 based on 1 analysts is $424.32M, with a low forecast of $417.12M, and a high forecast of $431.52M. SSRM's average Quarter revenue forecast represents a 10.10% increase compared to the company's last Quarter revenue of $385.39M (Sep 23).

SSR Mining EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111559644
EBITDA-------------$113.68M$197.94M$95.50M$99.12M$-4.45M$125.18M$176.97M$156.02M$157.50M$194.35M$192.17M$171.44M$105.31M$10.90M$64.59M$71.09M$64.10M
Avg Forecast$103.08M$102.15M$102.10M$109.30M$104.44M$103.53M$99.86M$80.70M$86.78M$71.57M$55.66M$166.03M$140.09M$128.68M$100.36M$150.94M$95.92M$84.49M$118.67M$137.21M$150.62M$130.15M$134.55M$176.55M$159.55M$77.83M$37.92M$35.71M$70.99M$57.28M
High Forecast$104.83M$103.88M$103.83M$111.16M$106.21M$105.28M$101.55M$82.07M$89.82M$72.79M$56.60M$199.23M$142.46M$130.87M$102.07M$181.12M$115.10M$84.49M$118.67M$164.66M$150.62M$130.15M$134.55M$211.86M$159.55M$77.83M$37.92M$42.85M$70.99M$57.28M
Low Forecast$101.33M$100.42M$100.36M$107.45M$102.67M$101.77M$98.16M$79.33M$83.73M$70.36M$54.71M$132.82M$137.71M$126.50M$98.66M$120.75M$76.73M$84.49M$118.67M$109.77M$150.62M$130.15M$134.55M$141.24M$159.55M$77.83M$37.92M$28.57M$70.99M$57.28M
Surprise %-------------0.88%1.97%0.63%1.03%-0.05%1.05%1.29%1.04%1.21%1.44%1.09%1.07%1.35%0.29%1.81%1.00%1.12%

1 analysts predict SSRM's average Quarter EBITDA for Dec 23 to be $140.09M, with a high of $142.46M and a low of $137.71M. This is 23.23% upper than SSR Mining's previous annual EBITDA (Sep 23) of $113.68M.

SSR Mining Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111559644
Net Income-------------$130.66M$74.87M$29.81M$93.88M$-28.22M$58.49M$67.56M$255.05M$57.18M$54.01M$108.86M$89.04M$26.75M$-6.28M$23.98M$19.48M$20.74M
Avg Forecast$69.60M$72.11M$72.45M$72.46M$41.63M$39.89M$28.33M$18.25M$35.33M$22.67M$-2.97M$69.17M$71.26M$52.20M$23.26M$62.89M$198.94M$-11.54M$42.66M$57.17M$89.84M$72.51M$75.98M$51.83M$111.65M$58.96M$20.74M$23.18M$55.48M$33.09M
High Forecast$71.14M$73.70M$74.04M$74.06M$42.55M$40.77M$28.96M$73.00M$58.88M$23.17M$-2.90M$83.01M$83.14M$53.24M$23.78M$75.46M$238.73M$-11.54M$42.66M$68.60M$89.84M$72.51M$75.98M$62.19M$111.65M$58.96M$20.74M$27.81M$55.48M$33.09M
Low Forecast$68.07M$70.52M$70.85M$70.86M$40.71M$39.01M$27.71M$-36.50M$8.83M$22.17M$-3.03M$55.34M$61.37M$51.16M$22.75M$50.31M$159.15M$-11.54M$42.66M$45.73M$89.84M$72.51M$75.98M$41.46M$111.65M$58.96M$20.74M$18.54M$55.48M$33.09M
Surprise %-------------2.50%3.22%0.47%0.47%2.45%1.37%1.18%2.84%0.79%0.71%2.10%0.80%0.45%-0.30%1.03%0.35%0.63%

SSR Mining's average Quarter net income forecast for Dec 23 is $71.26M, with a range of $61.37M to $83.14M. SSRM's average Quarter net income forecast represents a -45.46% decrease compared to the company's last Quarter net income of $130.66M (Sep 23).

SSR Mining SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111559644
SG&A-------------$17.54M$16.29M$18.54M$23.24M$12.71M$19.47M$16.24M$21.38M$13.04M$14.81M$7.36M$15.55M$2.10M$13.15M$2.33M$9.78M$7.60M
Avg Forecast$14.81M$14.67M$14.67M$15.70M$15.00M$14.87M$14.34M$11.59M$12.47M$10.28M$8.00M$16.63M$20.12M$18.48M$14.42M$15.11M$20.86M$10.20M$14.32M$13.74M$18.18M$15.71M$16.24M$7.20M$19.26M$9.39M$4.58M$2.25M$8.57M$6.91M
High Forecast$15.06M$14.92M$14.91M$15.97M$15.26M$15.12M$14.59M$11.79M$12.90M$10.46M$8.13M$19.95M$20.46M$18.80M$14.66M$18.14M$25.03M$10.20M$14.32M$16.49M$18.18M$15.71M$16.24M$8.64M$19.26M$9.39M$4.58M$2.70M$8.57M$6.91M
Low Forecast$14.56M$14.42M$14.42M$15.43M$14.75M$14.62M$14.10M$11.40M$12.03M$10.11M$7.86M$13.30M$19.78M$18.17M$14.17M$12.09M$16.69M$10.20M$14.32M$10.99M$18.18M$15.71M$16.24M$5.76M$19.26M$9.39M$4.58M$1.80M$8.57M$6.91M
Surprise %-------------0.95%1.13%1.23%1.11%1.25%1.36%1.18%1.18%0.83%0.91%1.02%0.81%0.22%2.87%1.03%1.14%1.10%

SSR Mining's average Quarter SG&A projection for Dec 23 is $20.12M, based on 1 Wall Street analysts, with a range of $19.78M to $20.46M. The forecast indicates a 14.73% rise compared to SSRM last annual SG&A of $17.54M (Sep 23).

SSR Mining EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111112111111111111111559644
EPS-------------$0.07$0.37$0.14$0.45$-0.14$0.28$0.32$1.20$0.27$0.25$0.50$0.65$0.19$-0.05$0.19$0.16$0.17
Avg Forecast$0.34$0.36$0.36$0.36$0.21$0.20$0.14$0.09$0.17$0.11$-0.01$-0.07$0.35$0.26$0.11$0.02$0.12$-0.06$0.21$0.28$0.44$0.36$0.38$0.38$0.55$0.29$0.10$0.29$0.27$0.16
High Forecast$0.35$0.36$0.37$0.37$0.21$0.20$0.14$0.36$0.29$0.11$-0.01$-0.07$0.41$0.26$0.12$0.02$0.12$-0.06$0.21$0.28$0.44$0.36$0.38$0.38$0.55$0.29$0.10$0.29$0.27$0.16
Low Forecast$0.34$0.35$0.35$0.35$0.20$0.19$0.14$-0.18$0.04$0.11$-0.01$-0.08$0.30$0.25$0.11$0.02$0.12$-0.06$0.21$0.28$0.44$0.36$0.38$0.38$0.55$0.29$0.10$0.29$0.27$0.16
Surprise %-------------0.27%3.22%8.30%3.82%2.46%1.33%1.14%2.70%0.75%0.67%1.32%1.18%0.65%-0.50%0.66%0.58%1.04%

According to 1 Wall Street analysts, SSR Mining's projected average Quarter EPS for Dec 23 is $0.35, with a low estimate of $0.30 and a high estimate of $0.41. This represents a 402.87% increase compared to SSRM previous annual EPS of $0.07 (Sep 23).

SSR Mining Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DRDDRDGOLD$9.23$13.2543.55%Buy
FSMFortuna Silver Mines$4.60$6.5041.30%Hold
EGOEldorado Gold$15.94$22.0038.02%Buy
SANDSandstorm Gold$5.61$7.5033.69%Buy
AUAngloGold Ashanti$24.12$30.5026.45%Buy
WPMWheaton Precious Metals$59.76$73.5022.99%Buy
CDECoeur Mining$6.32$7.6320.73%Buy
KGCKinross Gold$9.57$11.5020.17%Buy
RGLDRoyal Gold$144.27$169.4017.42%Buy
FNVFranco-Nevada$119.08$139.0016.73%Buy
GFIGold Fields$13.90$16.0015.11%Hold
PAASPan American Silver$22.00$23.004.55%Buy
OROsisko Gold Royalties$18.98$19.000.11%Buy
SSRMSSR Mining$7.25$6.49-10.48%Hold

SSRM Forecast FAQ


Is SSR Mining a good buy?

No, according to 5 Wall Street analysts, SSR Mining (SSRM) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of SSRM's total ratings.

What is SSRM's price target?

SSR Mining (SSRM) average price target is $6.49 with a range of $6.49 to $6.49, implying a -6.62% from its last price of $6.95. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will SSR Mining stock go up soon?

According to Wall Street analysts' prediction for SSRM stock, the company can go down by -6.62% (from the last price of $6.95 to the average price target of $6.49), down by -6.62% based on the highest stock price target, and down by -6.62% based on the lowest stock price target.

Can SSR Mining stock reach $10?

SSRM's average twelve months analyst stock price target of $6.49 does not support the claim that SSR Mining can reach $10 in the near future.

What are SSR Mining's analysts' financial forecasts?

SSR Mining's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.18B (high $1.2B, low $1.16B), average EBITDA is $388.52M (high $395.12M, low $381.93M), average net income is $128.1M (high $185.28M, low $70.93M), average SG&A $55.81M (high $56.76M, low $54.86M), and average EPS is $0.633 (high $0.915, low $0.35). SSRM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.26B (high $1.28B, low $1.24B), average EBITDA is $416.62M (high $423.7M, low $409.55M), average net income is $286.62M (high $292.95M, low $280.3M), average SG&A $59.85M (high $60.86M, low $58.83M), and average EPS is $1.42 (high $1.45, low $1.38).

Did the SSRM's actual financial results beat the analysts' financial forecasts?

Based on SSR Mining's last annual report (Dec 2023), the company's revenue was $1.43B, beating the average analysts forecast of $1.41B by 1.53%. Apple's EBITDA was $-5.012M, missing the average prediction of $520.07M by -100.96%. The company's net income was $-285M, missing the average estimation of $209.61M by -235.94%. Apple's SG&A was $67.46M, missing the average forecast of $68.14M by -1.00%. Lastly, the company's EPS was $-0.48, missing the average prediction of $0.742 by -164.72%. In terms of the last quarterly report (Sep 2023), SSR Mining's revenue was $385.39M, missing the average analysts' forecast of $389.78M by -1.13%. The company's EBITDA was $113.68M, missing the average prediction of $128.68M by -11.66%. SSR Mining's net income was $130.66M, beating the average estimation of $52.2M by 150.31%. The company's SG&A was $17.54M, missing the average forecast of $18.48M by -5.12%. Lastly, the company's EPS was $0.07, missing the average prediction of $0.258 by -72.85%