The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. SSR Mining Inc shares valued at $48,130 were sold by MacNevin William K. on Jan 03 ’25. At $7.16 per share, MacNevin William K. sold 6,722 shares. The insider’s holdings dropped to 265,711 shares worth approximately $2.74 million following the completion of this transaction.
As published in a research note from RBC Capital Mkts on February 05, 2025, SSR Mining Inc [SSRM] has been rated up from an Underperform to a Sector perform and the price target has been revised to $8 from $5.50. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late February. As of February 20, 2024, RBC Capital Mkts has decreased its “Sector perform” rating to a “an Underperform” for SSRM. Earlier on February 15, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for SSRM stock which previously was a “an Outperform”.
Analyzing SSRM Stock Performance
During the last five days, there has been a drop of approximately -6.19%. Over the course of the year, SSR Mining Inc shares have jumped approximately 47.99%. Shares of the company reached a 52-week high of $11.48 on 03/28/25 and a 52-week low of $6.99 on 01/02/25. A 50-day SMA is recorded $10.27, while a 200-day SMA reached $7.19.
Support And Resistance Levels for SSR Mining Inc (SSRM)
According to the 24-hour chart, there is a support level at 10.14, which, if violated, would cause prices to drop to 9.99. In the upper region, resistance lies at 10.42. The next price resistance is at 10.55. RSI (Relative Strength Index) is 49.82 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.03, which suggests the price will decrease in the coming days. Percent R is at 37.73%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
