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SSRM

SSRM: Interesting valuation and chartSSR Mining has a very interesting setup here, both a quarterly and also a daily signal warrant a long entry here. If the quarterly signal pans out, initially we'd target $16.50 by Q4 2020, but eventually, this could make price trigger further quarterly confirmation for bulls, potentially pushing price to even higher levels, circa 28.31. Free cash flow is an important metric in the mining business, and in the case of $SSRM, it is at a very healthy levels relative to the market cap. This allows them to have sufficient leeway to pay workers (and avoid the problems with the work force South African miners had recently, for instance), expand into new projects and maintain their currently exploited mines, among others. Going back to the technicals at play, the current correction in the daily timeframe and reaction to quarterly support paves the way for a very high reward to risk long trade. There's a few different ways to decide on a stop loss distance and position sizing, but in general, for equities I try to give them enough room for the trade idea to pan out favorably, before being forced to bail on a trade or being stopped out prematurely. Best of luck, Ivan Labrie.
NASDAQ:SSRMLong
by IvanLabrie
SSRM could benefit from gold rushSSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Copler Gold mine located in Erzincan province, Turkey; the Marigold mine located in Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy province, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Denver, Colorado. Profit and operating cash flow is positive Volume is increasing Positive earnings Risk reward - 2.95 Resistance 17.37, Target 24.39 Stoploss 14.35
NASDAQ:SSRMLong
by tradingswift
SSRM Potential 50 Percent GainCompany Profile Sector: Materials Industry: Metals & Mining Company Location: Vancouver, BC SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, lead, and zinc deposits. Its projects include the Copler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt and Lander Counties, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Vancouver, Canada. 12- Month Price Targets Mean - $24.70 High - $27.00 Low - $20.00 Target vs. Current - 51.5%
NASDAQ:SSRMLong
by thedailyinvestor
SSRM Technical Analysis 🧙SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Pirquitas mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Pirquitas mine. If you understand the idea,🎯 press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
NASDAQ:SSRMLong
by unfair_advantage
SSRM, Aroon Indicator entered an Uptrend on Sep17, 2020.Over the last three days, Tickeron A.I.dvisor has detected that SSRM's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 194 similar cases, 165 of which were successful. Based on this data, the odds of success are 85%. Current price $22.66 crossed the support line at $22.47 and is trading between $23.71 resistance and $22.47 support lines. Throughout the month of 08/17/20 - 09/17/20, the price experienced a +9% Uptrend. During the week of 09/10/20 - 09/17/20, the stock enjoyed a +8% Uptrend growth. Bullish Trend Analysis The Momentum Indicator moved above the 0 level on August 25, 2020. You may want to consider a long position or call options on SSRM as a result. In 51 of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 78%. The Moving Average Convergence Divergence ( MACD ) for SSRM just turned positive on August 28, 2020. Looking at past instances where SSRM's MACD turned positive, the stock continued to rise in 28 of 32 cases over the following month. The odds of a continued upward trend are 88%. SSRM moved above its 50-day Moving Average on September 14, 2020 date and that indicates a change from a downward trend to an upward trend. Following a +8.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where SSRM advanced for three days, Tickeron A.I. shows that in 145 of 182 cases, the price rose further within the following month. The odds of a continued upward trend are 80%. The Aroon Indicator entered an Uptrend today. Tickeron A.I. detected that in 165 of 194 cases where SSRM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 85%.
NASDAQ:SSRMLong
by AlTorress
SSRMPull back trading ( price between 11 EMA and 22 EMA) Price above the cloud ( bullish ) Above 200MA ( bullish ) Buy $13.87 Take Profit: 15.89 R=2 Stop Loss: $12.86 Thank You All comments are welcome All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
NASDAQ:SSRMLong
by Biotin770