Ssr Mining Stock Price Prediction

SSRM Stock  USD 6.34  0.10  1.60%   
As of now, the relative strength momentum indicator of SSR Mining's share price is approaching 46. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling SSR Mining, making its price go up or down.

Oversold Vs Overbought

46

 
Oversold
 
Overbought
The successful prediction of SSR Mining's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of SSR Mining and does not consider all of the tangible or intangible factors available from SSR Mining's fundamental data. We analyze noise-free headlines and recent hype associated with SSR Mining, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting SSR Mining's stock price prediction:
Quarterly Earnings Growth
(0.86)
EPS Estimate Next Quarter
0.15
EPS Estimate Current Year
0.47
EPS Estimate Next Year
0.42
Wall Street Target Price
6.1
Using SSR Mining hype-based prediction, you can estimate the value of SSR Mining from the perspective of SSR Mining response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in SSR Mining to buy its stock at a price that has no basis in reality. In that case, they are not buying SSR because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

SSR Mining after-hype prediction price

    
  USD 6.26  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out SSR Mining Basic Forecasting Models to cross-verify your projections.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SSR Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
5.629.9213.55
Details
Naive
Forecast
LowNextHigh
2.516.149.78
Details
9 Analysts
Consensus
LowTargetHigh
20.3422.3524.81
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.050.130.21
Details

SSR Mining After-Hype Price Prediction Density Analysis

As far as predicting the price of SSR Mining at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in SSR Mining or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of SSR Mining, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

SSR Mining Estimiated After-Hype Price Volatility

In the context of predicting SSR Mining's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on SSR Mining's historical news coverage. SSR Mining's after-hype downside and upside margins for the prediction period are 2.63 and 9.89, respectively. We have considered SSR Mining's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
6.34
6.26
After-hype Price
9.89
Upside
SSR Mining is somewhat reliable at this time. Analysis and calculation of next after-hype price of SSR Mining is based on 3 months time horizon.

SSR Mining Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as SSR Mining is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SSR Mining backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with SSR Mining, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.33 
3.64
  0.02 
 0.00  
7 Events / Month
14 Events / Month
In about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
6.34
6.26
0.32 
6,067  
Notes

SSR Mining Hype Timeline

SSR Mining is at this time traded for 6.34. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.0. SSR is projected to increase in value after the next headline, with the price projected to jump to 6.26 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.32%, whereas the daily expected return is at this time at 0.33%. The volatility of related hype on SSR Mining is about 68755.56%, with the expected price after the next announcement by competition of 6.34. The company reported the previous year's revenue of 1.45 B. Net Loss for the year was (99.8 M) with profit before overhead, payroll, taxes, and interest of 498.29 M. Given the investment horizon of 90 days the next projected press release will be in about 7 days.
Check out SSR Mining Basic Forecasting Models to cross-verify your projections.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.

SSR Mining Related Hype Analysis

Having access to credible news sources related to SSR Mining's direct competition is more important than ever and may enhance your ability to predict SSR Mining's future price movements. Getting to know how SSR Mining's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how SSR Mining may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CGAUCenterra Gold 0.24 8 per month 2.40  0.05  4.46 (4.63) 10.73 
GFIGold Fields Ltd(0.41)11 per month 2.63  0.03  4.52 (4.57) 13.03 
EGOEldorado Gold Corp 0.09 10 per month 2.21  0.04  3.39 (3.80) 10.28 
OROsisko Gold Ro(0.18)9 per month 1.67  0.07  2.77 (2.96) 7.46 
RGLDRoyal Gold(0.70)12 per month 1.37  0.04  2.83 (2.54) 6.65 
SANDSandstorm Gold Ltd(0.16)10 per month 2.01 (0.01) 2.82 (2.50) 9.16 
DRDDRDGOLD Limited ADR 0.11 8 per month 2.59  0.09  5.34 (2.77) 13.63 
AUAngloGold Ashanti plc 0.45 9 per month 2.12  0.01  3.87 (3.76) 12.51 
HMYHarmony Gold Mining(0.12)8 per month 3.10  0.06  7.09 (5.77) 14.34 
KGCKinross Gold 0.36 9 per month 2.46  0.08  4.56 (4.14) 10.54 
PAASPan American Silver(0.07)12 per month 2.84  0.02  5.84 (5.00) 10.35 
CDECoeur Mining(0.15)11 per month 4.27  0.04  7.48 (7.55) 28.59 
EQXEquinox Gold Corp 0.08 9 per month 2.82 (0.0009) 5.70 (4.75) 17.57 
BTGB2Gold Corp(0.03)11 per month 2.89  0.06  3.92 (3.90) 17.28 
WPMWheaton Precious Metals 0.01 10 per month 1.58  0.03  2.47 (2.76) 6.30 
FNVFranco Nevada 0.34 11 per month 1.80 (0.01) 2.32 (2.52) 8.74 
FSMFortuna Silver Mines 0.05 10 per month 3.59 (0) 4.83 (5.23) 17.32 

SSR Mining Additional Predictive Modules

Most predictive techniques to examine SSR price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for SSR using various technical indicators. When you analyze SSR charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About SSR Mining Predictive Indicators

The successful prediction of SSR Mining stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as SSR Mining, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of SSR Mining based on analysis of SSR Mining hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to SSR Mining's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to SSR Mining's related companies.
 2022 2023 2024 (projected)
Dividend Yield0.01720.02670.0146
Price To Sales Ratio2.861.521.59

Story Coverage note for SSR Mining

The number of cover stories for SSR Mining depends on current market conditions and SSR Mining's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that SSR Mining is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about SSR Mining's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

SSR Mining Short Properties

SSR Mining's future price predictability will typically decrease when SSR Mining's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of SSR Mining often depends not only on the future outlook of the potential SSR Mining's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SSR Mining's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding204.7 M
Cash And Short Term Investments510.8 M
When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out SSR Mining Basic Forecasting Models to cross-verify your projections.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSR Mining. If investors know SSR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSR Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Dividend Share
0.14
Earnings Share
(2.36)
Revenue Per Share
6.042
Quarterly Revenue Growth
(0.39)
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.