SSR Mining's 15min chart shows MACD Golden Cross, Bollinger Bands expanding upward.

SSR Mining's 15-minute chart has recently exhibited a significant technical indicator, namely the MACD Golden Cross, accompanied by expanding Bollinger Bands upwards at 09/03/2025 10:15. This development suggests that the stock price has considerable potential for further upward momentum, as the prevailing market trend is being propelled by buying activity.

SSR Mining (SSRM) has shown significant technical strength, with its 15-minute chart displaying a notable MACD Golden Cross accompanied by expanding Bollinger Bands on September 3, 2025, at 10:15 AM. This development suggests considerable potential for further upward momentum, driven by prevailing market trends and buying activity.

The MACD Golden Cross, a bullish signal, indicates that the 12-day Exponential Moving Average (EMA) has crossed above the 26-day EMA. This is often interpreted as a buy signal, as it suggests that the short-term trend is likely to continue in the direction of the long-term trend. Additionally, expanding Bollinger Bands indicate increasing volatility and price movement, which can be seen as a confirmation of the bullish trend.

SSRM's recent performance has been robust, with shares rising 260% over the past year. The company's fundamentals are strong, with projected revenue and earnings growth exceeding 50% and 400%, respectively, over the next year. Analyst sentiment is mostly positive, although opinions are mixed, with some cautioning overvaluation and volatility [1].

The stock has a market capitalization of $3.7 billion, a trailing price-earnings ratio of 19.83x, and revenue projected to grow 55.72% this year and another 22.33% next year. Earnings are estimated to increase 439.23% this year and an additional 63.38% next year. Analysts tracked by Barchart have issued 3 "Strong Buy," 1 "Moderate Buy," 6 "Hold," and 1 "Sell" opinion on the stock, with price targets ranging from $10.70 to $19.71 [1].

While SSRM's technical indicators suggest a strong bullish trend, investors should exercise caution due to the stock's volatility and speculative nature. The company's exposure to gold prices and regulatory risks, exacerbated by Trump's tariff policies, adds to the uncertainty. However, the long-term fundamentals, driven by central bank demand and geopolitical tensions, make gold equities a compelling hedge [2].

Investors should consider SSRM's potential for further upward momentum but should also implement strict risk management and stop-loss strategies. The combination of technical indicators and fundamentals suggests that SSRM could be a worthwhile addition to a diversified investment portfolio.

References:
[1] https://finance.yahoo.com/news/260-stock-digging-gold-141503083.html
[2] https://www.ainvest.com/news/trump-tariff-uncertainty-strategic-resilience-gold-miners-2509/