SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas.
SSR Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$19.34|
|52 Week High||CA$17.29|
|52 Week Low||CA$28.72|
|1 Month Change||-1.88%|
|3 Month Change||-1.18%|
|1 Year Change||-27.92%|
|3 Year Change||65.58%|
|5 Year Change||16.79%|
|Change since IPO||2,379.49%|
Recent News & Updates
Is SSR Mining (TSE:SSRM) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is There An Opportunity With SSR Mining Inc.'s (TSE:SSRM) 49% Undervaluation?
In this article we are going to estimate the intrinsic value of SSR Mining Inc. ( TSE:SSRM ) by estimating the...
Here's Why I Think SSR Mining (TSE:SSRM) Might Deserve Your Attention Today
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
|SSRM||CA Metals and Mining||CA Market|
Return vs Industry: SSRM underperformed the Canadian Metals and Mining industry which returned -14.6% over the past year.
Return vs Market: SSRM underperformed the Canadian Market which returned 28.9% over the past year.
Stable Share Price: SSRM is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SSRM's weekly volatility (5%) has been stable over the past year.
About the Company
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt and Lander Counties, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.
Is SSR Mining undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSRM (CA$19.34) is trading below our estimate of fair value (CA$39.11)
Significantly Below Fair Value: SSRM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSRM is poor value based on its PE Ratio (14.5x) compared to the Canadian Metals and Mining industry average (10.4x).
PE vs Market: SSRM is poor value based on its PE Ratio (14.5x) compared to the Canadian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: SSRM is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SSRM is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (2.5x).
How is SSR Mining forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSRM's forecast earnings growth (16.1% per year) is above the savings rate (1.5%).
Earnings vs Market: SSRM's earnings (16.1% per year) are forecast to grow faster than the Canadian market (12.2% per year).
High Growth Earnings: SSRM's earnings are forecast to grow, but not significantly.
Revenue vs Market: SSRM's revenue is expected to decline over the next 3 years (-2.2% per year).
High Growth Revenue: SSRM's revenue is forecast to decline over the next 3 years (-2.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSRM's Return on Equity is forecast to be low in 3 years time (7.5%).
How has SSR Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSRM has high quality earnings.
Growing Profit Margin: SSRM's current net profit margins (16.6%) are higher than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: SSRM has become profitable over the past 5 years, growing earnings by 37.9% per year.
Accelerating Growth: SSRM's earnings growth over the past year (284.6%) exceeds its 5-year average (37.9% per year).
Earnings vs Industry: SSRM earnings growth over the past year (284.6%) exceeded the Metals and Mining industry 116%.
Return on Equity
High ROE: SSRM's Return on Equity (5.9%) is considered low.
How is SSR Mining's financial position?
Financial Position Analysis
Short Term Liabilities: SSRM's short term assets ($1.4B) exceed its short term liabilities ($228.2M).
Long Term Liabilities: SSRM's short term assets ($1.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: SSRM's debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: SSRM's debt to equity ratio has reduced from 24% to 9.1% over the past 5 years.
Debt Coverage: SSRM's debt is well covered by operating cash flow (154.8%).
Interest Coverage: SSRM's interest payments on its debt are well covered by EBIT (20.7x coverage).
What is SSR Mining current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSRM's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.64%).
High Dividend: SSRM's dividend (1.32%) is low compared to the top 25% of dividend payers in the Canadian market (4.51%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether SSRM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SSRM's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.9%), SSRM's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SSRM's dividends in 3 years are forecast to be thoroughly covered by earnings (14.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Antal (54 yo)
Mr. Rodney P. Antal, also known as Rod, B.Bus., Accountancy, CPA, serves as President and Chief Executive Officer at SSR Mining Inc. since September 2020 and serves as its Director since September 16, 2020...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD4.01M) is above average for companies of similar size in the Canadian market ($USD2.93M).
Compensation vs Earnings: Insufficient data to compare Rod's compensation with company performance.
Experienced Management: SSRM's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: SSRM's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SSRM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SSR Mining Inc.'s employee growth, exchange listings and data sources
- Name: SSR Mining Inc.
- Ticker: SSRM
- Exchange: TSX
- Founded: 1946
- Industry: Gold
- Sector: Materials
- Market Cap: CA$4.185b
- Shares outstanding: 214.30m
- Website: https://www.ssrmining.com
Number of Employees
- SSR Mining Inc.
- 1055 Dunsmuir Street
- Suite 800
- British Columbia
- V7X 1G4
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 22:30|
|End of Day Share Price||2021/09/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.