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SSR Mining (SSRM) Catches Eye: Stock Jumps 14.5%

Zacks Equity Research

SSR Mining Inc. SSRM was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $7.83 to $8.94 in the past one-month time frame.

The move came after the company reported solid fourth-quarter 2017 results.

The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

SSR Mining currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Silver Standard Resources Inc. Price

Silver Standard Resources Inc. Price | Silver Standard Resources Inc. Quote

A better-ranked stock in the Mining – Miscellaneous industry is Hudbay Minerals Inc. HBM, which currently sports a Zacks Rank #1 (Strong Buy). You can see  the complete list of today’s Zacks #1 Rank stocks here.

Is SSRM going up? Or down? Predict to see what others think: Up or Down

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