SSR Mining Inc. (SSRM) At $10.27 Forms Bottom; Geospace Technologies (GEOS) Sellers Increased By 25.07% Their Shorts

SSR Mining Inc. (SSRM) formed multiple bottom with $9.55 target or 7.00% below today’s $10.27 share price. SSR Mining Inc. (SSRM) has $1.18 billion valuation. The stock increased 1.28% or $0.13 during the last trading session, reaching $10.27. About 639,620 shares traded. SSR Mining Inc. (NASDAQ:SSRM) has declined 11.53% since April 18, 2017 and is downtrending. It has underperformed by 23.08% the S&P500.

Geospace Technologies Corporation (NASDAQ:GEOS) had an increase of 25.07% in short interest. GEOS’s SI was 929,900 shares in April as released by FINRA. Its up 25.07% from 743,500 shares previously. With 86,400 avg volume, 11 days are for Geospace Technologies Corporation (NASDAQ:GEOS)’s short sellers to cover GEOS’s short positions. The SI to Geospace Technologies Corporation’s float is 7.91%. The stock increased 1.05% or $0.11 during the last trading session, reaching $10.54. About 42,626 shares traded. Geospace Technologies Corporation (NASDAQ:GEOS) has declined 34.08% since April 18, 2017 and is downtrending. It has underperformed by 45.63% the S&P500.

Geospace Technologies Corporation, together with its subsidiaries, creates and makes seismic instruments and equipment for the gas and oil industry in the United States, Canada, Colombia, the Russian Federation, and the United Kingdom. The company has market cap of $142.96 million. The firm operates through two divisions, Seismic and Non-Seismic. It currently has negative earnings. The Seismic segment offers land and marine nodal data acquisition systems; permanent land and seabed reservoir monitoring services and products; geophones and geophone strings; hydrophones; leader wires; connectors; telemetry cables; marine streamer retrieval and steering devices; and various other products.

Analysts await SSR Mining Inc. (NASDAQ:SSRM) to report earnings on May, 2. They expect $-0.01 earnings per share, down 105.88% or $0.18 from last year’s $0.17 per share. After $0.02 actual earnings per share reported by SSR Mining Inc. for the previous quarter, Wall Street now forecasts -150.00% negative EPS growth.

Geospace Technologies Corporation (NASDAQ:GEOS) Institutional Positions Chart