B.Riley FBR analyst Adam Graf maintained a Buy rating on SSR Mining (NASDAQ:SSRM) Inc on Thursday, setting a price target of $45, which is approximately 88.05% above the present share price of $23.93.
Graf expects SSR Mining Inc to post earnings per share (EPS) of $0.19 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in SSR Mining, with an average price target of $29.04.
The analysts price targets range from a high of $45 to a low of $23.09.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $164.46 million and a net profit of $34.77 million. The company's market cap is $2.82 billion.
According to TipRanks.com, B.Riley FBR analyst Adam Graf is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.7% and a 68.52% success rate.
SSR Mining, Inc. engages in the operation, development, exploration, and acquisition of precious metal projects. It focuses on the Puna, Marigold Mines, and Seabee Gold Operations. The company was founded on December 11, 1946 is headquartered in Vancouver, Canada.