SSRM Stock Overview
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$18.45|
|52 Week High||CA$31.00|
|52 Week Low||CA$17.01|
|1 Month Change||-2.59%|
|3 Month Change||-23.92%|
|1 Year Change||-0.54%|
|3 Year Change||-7.15%|
|5 Year Change||39.56%|
|Change since IPO||2,265.38%|
Recent News & Updates
|SSRM||CA Metals and Mining||CA Market|
Return vs Industry: SSRM exceeded the Canadian Metals and Mining industry which returned -15.5% over the past year.
Return vs Market: SSRM exceeded the Canadian Market which returned -7.2% over the past year.
|SSRM Average Weekly Movement||4.9%|
|Metals and Mining Industry Average Movement||11.4%|
|Market Average Movement||9.9%|
|10% most volatile stocks in CA Market||18.3%|
|10% least volatile stocks in CA Market||3.8%|
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, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina.
SSR Mining Fundamentals Summary
|SSRM fundamental statistics|
Is SSRM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SSRM income statement (TTM)|
|Cost of Revenue||US$622.21m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.50|
|Net Profit Margin||22.09%|
How did SSRM perform over the long term?See historical performance and comparison
2.1%Current Dividend Yield
Is SSRM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SSRM?
Other financial metrics that can be useful for relative valuation.
|What is SSRM's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SSRM's PE Ratio compare to its peers?
|SSRM PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
TFPM Triple Flag Precious Metals
EDV Endeavour Mining
AGI Alamos Gold
SSRM SSR Mining
Price-To-Earnings vs Peers: SSRM is good value based on its Price-To-Earnings Ratio (9x) compared to the peer average (32.6x).
Price to Earnings Ratio vs Industry
How does SSRM's PE Ratio compare vs other companies in the CA Metals and Mining Industry?
Price-To-Earnings vs Industry: SSRM is good value based on its Price-To-Earnings Ratio (9x) compared to the Canadian Metals and Mining industry average (9.1x)
Price to Earnings Ratio vs Fair Ratio
What is SSRM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9x|
|Fair PE Ratio||9.4x|
Price-To-Earnings vs Fair Ratio: SSRM is good value based on its Price-To-Earnings Ratio (9x) compared to the estimated Fair Price-To-Earnings Ratio (9.4x).
Share Price vs Fair Value
What is the Fair Price of SSRM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SSRM (CA$18.45) is trading below our estimate of fair value (CA$25.93)
Significantly Below Fair Value: SSRM is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is SSR Mining forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSRM's earnings are forecast to decline over the next 3 years (-6.6% per year).
Earnings vs Market: SSRM's earnings are forecast to decline over the next 3 years (-6.6% per year).
High Growth Earnings: SSRM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SSRM's revenue is expected to decline over the next 3 years (-0.9% per year).
High Growth Revenue: SSRM's revenue is forecast to decline over the next 3 years (-0.9% 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 (4.4%).
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How has SSR Mining performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSRM has high quality earnings.
Growing Profit Margin: SSRM's current net profit margins (22.1%) are lower than last year (23.3%).
Past Earnings Growth Analysis
Earnings Trend: SSRM's earnings have grown significantly by 48.3% per year over the past 5 years.
Accelerating Growth: SSRM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SSRM had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-8.3%).
Return on Equity
High ROE: SSRM's Return on Equity (8.8%) is considered low.
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How is SSR Mining's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SSRM's short term assets ($1.6B) exceed its short term liabilities ($226.4M).
Long Term Liabilities: SSRM's short term assets ($1.6B) exceed its long term liabilities ($816.4M).
Debt to Equity History and Analysis
Debt Level: SSRM has more cash than its total debt.
Reducing Debt: SSRM's debt to equity ratio has reduced from 22.8% to 8% over the past 5 years.
Debt Coverage: SSRM's debt is well covered by operating cash flow (132.8%).
Interest Coverage: SSRM's interest payments on its debt are well covered by EBIT (33.8x coverage).
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What is SSR Mining current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSRM's dividend (2.06%) is higher than the bottom 25% of dividend payers in the Canadian market (2.05%).
High Dividend: SSRM's dividend (2.06%) is low compared to the top 25% of dividend payers in the Canadian market (5.95%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SSRM has been paying a dividend for less than 10 years.
Growing Dividend: SSRM's dividend payments have increased, but the company has only paid a dividend for 2 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.4%), SSRM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.8%), SSRM's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rod Antal (55 yo)
Mr. Rodney P. Antal, also known as Rod, B.Bus., Accountancy, CPA, serves as President and Chief Executive Officer at SSR Mining Inc. since September 2020 and serves as its Director since September 16, 2020...
CEO Compensation Analysis
Compensation vs Market: Rod's total compensation ($USD5.57M) is above average for companies of similar size in the Canadian market ($USD3.55M).
Compensation vs Earnings: Rod's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: SSRM's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Experienced Board: SSRM's board of directors are not considered experienced ( 2 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
|08 Sep 22||SellCA$12,161||Russell Farnsworth||Individual||668||CA$18.20|
|10 Jun 22||SellCA$639,905||Rodney Antal||Individual||25,000||CA$25.60|
|10 Jun 22||SellCA$114,415||Michael Sparks||Individual||4,470||CA$25.60|
|10 Jun 22||SellCA$88,072||F. Farid||Individual||3,488||CA$25.25|
|04 Apr 22||BuyCA$7,003||Arthur Edward Anglin||Individual||306||CA$27.32|
|31 Mar 22||SellCA$116,358||Alison White||Individual||4,223||CA$27.55|
|05 Jan 22||SellCA$827,783||F. Farid||Individual||37,301||CA$22.19|
|05 Jan 22||SellCA$383,699||Michael Sparks||Individual||17,290||CA$22.19|
|05 Jan 22||SellCA$2,230,648||Rodney Antal||Individual||100,516||CA$22.19|
|05 Jan 22||SellCA$686,819||Stewart Beckman||Individual||30,949||CA$22.19|
|05 Jan 22||SellCA$2,233,466||Rodney Antal||Individual||100,516||CA$22.22|
|05 Jan 22||SellCA$687,687||Stewart Beckman||Individual||30,949||CA$22.22|
|05 Jan 22||SellCA$384,184||Michael Sparks||Individual||17,290||CA$22.22|
|05 Jan 22||SellCA$828,828||F. Farid||Individual||37,301||CA$22.22|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
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
- Implied Market Cap: CA$3.811b
- Shares outstanding: 206.58m
- Website: https://www.ssrmining.com
Number of Employees
- SSR Mining Inc.
- 6900 E. Layton Avenue
- Suite 1300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SSRM||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Jan 1980|
|SSRM||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1980|
|ZSV||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1980|
|0VGE||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Jan 1980|
|ZSV1||DB (Deutsche Boerse AG)||NPV CDI 1:1||DE||EUR||Sep 2020|
|SSR||ASX (Australian Securities Exchange)||NPV CDI 1:1||AU||AUD||Sep 2020|
|SSR||CHIA (Chi-X Australia)||NPV CDI 1:1||AU||AUD||Sep 2020|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/24 00:00|
|End of Day Share Price||2022/09/23 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.