Toronto Dominion Bank decreased its holdings in SSR Mining Inc. (NASDAQ:SSRM – Get Rating) (TSE:SSO) by 10.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,283 shares of the basic materials company’s stock after selling 20,499 shares during the period. Toronto Dominion Bank owned about 0.08% of SSR Mining worth $2,961,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its position in shares of SSR Mining by 4.5% in the third quarter. Royal Bank of Canada now owns 3,128,489 shares of the basic materials company’s stock valued at $45,519,000 after purchasing an additional 136,083 shares during the last quarter. Capital World Investors grew its position in SSR Mining by 100.4% during the third quarter. Capital World Investors now owns 2,445,000 shares of the basic materials company’s stock worth $35,575,000 after buying an additional 1,225,000 shares in the last quarter. Millennium Management LLC grew its position in SSR Mining by 38.9% during the third quarter. Millennium Management LLC now owns 1,631,079 shares of the basic materials company’s stock worth $23,732,000 after buying an additional 456,725 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in SSR Mining by 0.4% during the third quarter. The Manufacturers Life Insurance Company now owns 1,496,742 shares of the basic materials company’s stock worth $27,570,000 after buying an additional 6,530 shares in the last quarter. Finally, TD Asset Management Inc. grew its position in SSR Mining by 1.8% during the third quarter. TD Asset Management Inc. now owns 1,403,872 shares of the basic materials company’s stock worth $20,412,000 after buying an additional 24,421 shares in the last quarter. 62.65% of the stock is currently owned by institutional investors.
In other SSR Mining news, CFO Alison Lynn White sold 4,223 shares of the stock in a transaction dated Thursday, March 31st. The shares were sold at an average price of $22.07, for a total transaction of $93,201.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
SSRM stock opened at $22.98 on Friday. SSR Mining Inc. has a 12 month low of $14.19 and a 12 month high of $24.58. The company has a 50-day moving average price of $21.34 and a 200 day moving average price of $18.56. The stock has a market cap of $4.88 billion, a PE ratio of 17.41, a P/E/G ratio of 6.30 and a beta of 0.97. The company has a current ratio of 5.64, a quick ratio of 4.27 and a debt-to-equity ratio of 0.07.
SSR Mining (NASDAQ:SSRM – Get Rating) (TSE:SSO) last posted its quarterly earnings data on Wednesday, February 23rd. The basic materials company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.01). The firm had revenue of $407.92 million for the quarter, compared to the consensus estimate of $387.62 million. SSR Mining had a return on equity of 9.75% and a net margin of 19.78%. During the same quarter last year, the firm earned $0.50 EPS. Sell-side analysts forecast that SSR Mining Inc. will post 1.28 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, April 4th. Stockholders of record on Monday, March 7th were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.22%. This is a boost from SSR Mining’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, March 4th. SSR Mining’s dividend payout ratio is 21.21%.
SSR Mining Company Profile (Get Rating)
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, copper, lead, and zinc deposits. Its projects include the ÃÃ¶pler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.
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