Ssr Mining (SSRM) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Ssr Mining’s share price has undergone significant volatility following the Çöpler Incident, with a sharp decline and increased trading volume on Nasdaq and the TSX. Market fluctuations are expected to persist due to eroded investor confidence, ongoing dissemination of information regarding the incident, and potential repercussions such as government actions and litigation. Moreover, the influence of media and social narratives, irrespective of their factual basis, may exacerbate the instability of the company’s share value, detaching it from actual business performance. Consequently, volatility in Ssr Mining’s stock is likely to continue, posing a risk for investors.
Overall, Wall Street has a Hold consensus rating on SSRM stock based on 2 Buys, 2 Sells and 6 Holds.
To learn more about Ssr Mining’s risk factors, click here.