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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (52502)	1/3/2019 6:05:30 PM
From: Goose94	Read Replies (1) \| Respond to of 203031

SSR Mining (SSRM-T) new 52 week high, $16.78

To: Goose94 who wrote (52502)	3/26/2019 8:05:32 AM
From: Goose94	Read Replies (1) \| Respond to of 203031

SSR Mining (SSRM-T) Canaccord Genuity analyst Dalton Baretto resumed coverage on SSR Mining with a "buy" rating and $21.50 share target. Analysts on average target the shares at $20.87. Mr. Baretto says in a note: "We view SSRM as a well managed, multi-asset, low-cost gold producer poised at the start of a three-year grade-driven growth cycle. The company's cash flows are predominantly derived from 'safe' jurisdictions -- Nevada and Saskatchewan. SSRM boasts a very strong balance sheet -- post the recent restructuring of the outstanding convertible notes, we forecast $514-million in cash and $154-million in net cash as at the end of 1Q19, with no maturities until 2033. We forecast SSRM to remain FCF-positive going forward and, as such, we expect the company's net cash position to continue to grow (leading to some very interesting capital deployment questions). SSRM's operating and financial metrics appear to have limited leverage to changes in the gold price, as the assets generate low operating costs and therefore strong operating margins. ... We view SSRM as an appropriate investment for defensive-minded investors."