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Are You Looking for a Top Momentum Pick? Why SSR Mining (SSRM) is a Great Choice
SSRMSSR Mining(SSRM) ZACKS·2025-05-28 17:06

Company Overview - SSR Mining (SSRM) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - Over the past week, SSRM shares have increased by 7.26%, outperforming the Zacks Mining - Miscellaneous industry, which rose by 3.66% [6] - In a longer timeframe, SSRM's monthly price change is 9.25%, significantly higher than the industry's 1.69% [6] - Over the last quarter, SSRM shares have risen by 17.42%, and they have surged by 113.81% in the past year, while the S&P 500 has only moved 1.35% and 13.07% respectively [7] Trading Volume - SSRM's average 20-day trading volume is 2,125,763 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions show 1 upward revision and 3 downward revisions for the current fiscal year, raising the consensus estimate from $0.95 to $1.09 over the past 60 days [10] - For the next fiscal year, 4 estimates have moved upwards with no downward revisions, indicating positive sentiment [10] Conclusion - Given the strong performance metrics and positive earnings outlook, SSR Mining is recommended as a solid momentum pick for investors [12]