The Relative Strength (RS) Rating for SSR Mining stock moved up into a higher percentile Friday, as it got a lift from 68 to 71.
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength.
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks compares to the rest of the market.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 as they launch their largest runs. See if SSR Mining stock can continue to rebound and clear that threshold.
Looking For Winning Stocks? Try This Simple Routine
Is SSR Mining Stock A Buy?
SSR Mining stock has been rallying off the bottom in recent months and is not currently offering a proper buying opportunity. See if the precious metals stock goes on to form a sound pattern that could kick off a new climb.
Earnings growth rose in the company's latest report from -36% to 0%, but the top line fell from -15% to -48%.
SSR Mining stock holds the No. 33 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines and AngloGold Ashanti ADR are also among the group's highest-rated stocks.
