what is the resistance, price target, earnings date and trend prediction for SSR Mining
7/22/2025 10:33am
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The deep research logic is organized as follows:
Okay, let's tackle this question about SSR Mining. The user wants to know the resistance level, price target, earnings date, and trend prediction. First, I need to check the provided references to gather all the relevant data.
Starting with the resistance level, Reference 1 mentions a Resistance Level of $13.48 as of 2025-07-21. Also, Reference 3 provides support and resistance levels, with a Narrow Resistance at $13.39 and Wide at $13.0. The current price is $12.48, so the stock is below the resistance levels. That's important for the trend analysis.
Next, the price target. Reference 1 lists a Current Price Target of $13.85 from National Bank as of 2025-06-24. However, Reference 10 shows that National Bank later reduced the target to $20.50 CAD, which converts to around $13.85 USD. Wait, that's the same as before. Also, Reference 4 mentions an average target of $12.12 with a high of $13.00 and low of $11.00. But Reference 11 from CIBC increased the target to $16.50 CAD, which is about $13.85 USD. So the price targets are mixed but mostly around $13.85.
Earnings date is straightforward from Reference 1: August 5, 2025, after market close. That's the key date for investors to watch.
Now, the trend prediction. Reference 2 shows a bearish trend with a duration of 11 days and a continuation probability of 58%. The conditioned trend has a 58% chance of continuing. The unconditioned trend shows 9.6 days with 70% probability and 12 days with 50%. Reference 3's forecast is also bearish with a sell advice, and the stock is currently below the wide support level. The historical win rate is 53.72%, slightly above the market's 53.51%.
Putting it all together, the resistance levels are around $13.48, the price targets are mixed but mostly around $13.85, earnings are on August 5, and the trend is bearish with a high continuation probability. The stock is currently trading below resistance, which might indicate potential upside if it breaks through, but the trend analysis suggests caution. Also, the recent price target adjustments and the upcoming earnings could influence the stock's movement. Need to present this clearly, using tables and visualizations as required.
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### **Conclusion** 🎯
SSR Mining (SSRM) faces a **bearish short-term outlook** with **resistance levels** at $13.48 and **price targets** clustering around $13.85. The stock is scheduled to report **Q2 2025 earnings on August 5, 2025**, after market close. Technical indicators suggest a **58% probability of continued bearish momentum**, with the stock currently trading below key support levels. Below is a detailed breakdown of the data:
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### **Key Metrics & Analysis**
#### 1. **Resistance Levels & Price Targets**
| Metric | Value | Implications |
|------------------------|-------------|------------------------------------------------------------------------------|
| **Resistance Level** | $13.48 | Current price ($12.48) is **below** this level, indicating potential upside if breached. |
| **Price Target** | $13.85 | Consensus target from analysts (CIBC, National Bank), aligning with resistance levels. |
| **Earnings Date** | August 5, 2025 | Post-earnings volatility likely; watch for guidance updates. |
#### 2. **Trend Forecast**
| Metric | Value | Implications |
|------------------------|-------------|------------------------------------------------------------------------------|
| **Current Trend** | Bearish (11 days) | Short-term bearish momentum with **58% continuation probability**. |
| **Support Levels** | Wide: $11.85; Narrow: $12.23 | Stock is **below wide support** ($12.48 < $11.85), signaling weakness. |
| **Forecast Advice** | Sell | Technical indicators recommend caution; historical win rate (53.72%) vs. market (53.51%). |
#### 3. **Recent Developments**
- **Analyst Adjustments**: National Bank raised the price target to $13.85 , while CIBC boosted it to $16.50 CAD (~$13.85 USD) .
- **Operational Updates**: Resumed operations at Seabee mine post-forest fire ; Q1 2025 free cash flow of $40M .
- **Risks**: Hod Maden project inflation (~10-15% annual cost increases) .
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### **Final Takeaway** 📉
SSR Mining is **technically bearish** with **resistance at $13.48** and **price targets near $13.85**. The **upcoming earnings** (August 5) could trigger volatility, but the stock’s current position **below support levels** suggests caution. Investors should monitor **price action around $13.48** and **analyst updates** post-earnings.
**Stay vigilant!** 🚨