Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SSR Mining Inc shares valued at $9,384 were sold by Ebbett John on Mar 07 ’24. At $4.52 per share, Ebbett John sold 2,076 shares. The insider’s holdings dropped to 30,205 shares worth approximately $0.14 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As published in a research note from UBS on February 22, 2024, SSR Mining Inc [SSRM] has been rated down from a Buy to a Neutral and the price target has been revised to $5 from $17. Analysts at RBC Capital Mkts downgraded the stock from ‘”a Sector perform”‘ to ‘”an Underperform”‘ outlook in a report released in mid February. As of February 15, 2024, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for SSRM. Earlier on February 14, 2024, TD Securities downgraded its rating. Their new recommendation was “a Hold” for SSRM stock which previously was a “a Buy”.
Analyzing SSRM Stock Performance
Over the course of the year, SSR Mining Inc shares have dropped approximately -57.53%. Shares of the company reached a 52-week high of $10.81 on 01/02/24 and a 52-week low of $3.76 on 02/13/24. A 50-day SMA is recorded $5.18, while a 200-day SMA reached $8.60. Nevertheless, trading volume fell to 2.55 million shares from 2.37 million shares the previous day.
Support And Resistance Levels for SSR Mining Inc (SSRM)
According to the 24-hour chart, there is a support level at 4.43, which, if violated, would cause prices to drop to 4.29. In the upper region, resistance lies at 4.64. The next price resistance is at 4.71. RSI (Relative Strength Index) is 39.93 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.22, which suggests the price will decrease in the coming days. Percent R is at 77.54%, indicating bearish price movement. Stochastics%K at buying indicates that the stock is to be held.
