SSR Mining Inc’s recently made public that its EVP, Ops & Sustainability MacNevin William K. unloaded Company’s shares for reported $48130.0 on Jan 03 ’25. In the deal valued at $7.16 per share,6,722 shares were sold. As a result of this transaction, MacNevin William K. now holds 265,711 shares worth roughly $2.8 million.
RBC Capital Mkts upgraded its SSR Mining Inc [SSRM] rating to a Sector perform from a an Underperform in a research note published on February 05, 2025; the price target was increased to $8 from $5.50. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. RBC Capital Mkts also remained covering SSRM and has decreased its forecast on February 20, 2024 with a “an Underperform” recommendation from previously “Sector perform” rating. RBC Capital Mkts revised its rating on February 15, 2024. It rated SSRM as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of SSRM
On Monday, SSR Mining Inc [NASDAQ:SSRM] saw its stock fall -2.77% to $10.54. Over the last five days, the stock has lost -1.03%. SSR Mining Inc shares have risen nearly 51.44% since the year began. Nevertheless, the stocks have risen 108.30% over the past one year. While a 52-week high of $11.48 was reached on 03/28/25, a 52-week low of $4.32 was recorded on 01/02/25. SMA at 50 days reached $10.20, while 200 days put it at $7.10.
Levels Of Support And Resistance For SSRM Stock
The 24-hour chart illustrates a support level at 10.16, which if violated will result in even more drops to 9.78. On the upside, there is a resistance level at 11.04. A further resistance level may holdings at 11.53. The Relative Strength Index (RSI) on the 14-day chart is 53.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.68%. Stochastics %K at 78.87% indicates the stock is a holding.
How much short interest is there in SSR Mining Inc?
A steep rise in short interest was recorded in SSR Mining Inc stocks on 2025-03-31, dropping by -0.82 million shares to a total of 6.88 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.7 million shares. There was a decline of -11.93%, which implies that there is a negative sentiment for the stock.