What Analysts Predict For SSR Mining Inc. ($SSRM) 3Q20?

83

SSR Mining Inc. (NASDAQ:SSRM) is reporting third quarter earnings results on Thursday 12th November 2020, before market open.

Previous Quarter Performance

SSR Mining Inc. unfold loss for the second quarter of $ 0.02 per share, from the revenue of $ 79.79 million. The quarterly revenues down 48.57 percent compared with the same quarter last year. According to street consensus, revenue of $ 100.34 million was expected for the second quarter The top line results fell short of analysts by $ 20.55 million or 20.48 percent.

Stock Performance

Shares of SSR Mining Inc. traded low $ -0.30 or -1.63 percent on Wednesday, reaching $ 18.12 with volume of 2.12 million shares. SSR Mining Inc. has traded high as $ 18.27 and has cracked $ 17.82 on the downward trend

The closing price of $ 18.12, representing a 104.67 % increase from the 52 week low of $ 9.00 and a 27.25 % decrease over the 52 week high of $ 25.32.

The company has a market capital of $ 3.97 billion and is part of the Basic Materials sector and Gold industry.

Conference Call

SSR Mining Inc. will be hosting a conference call at 5:00 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, +1 (800) 319-4610 (United States) or +1 (416) 915-3239 (International) in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.ssrmining.com

SSR Mining Inc. engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits.