TSX:SSRM

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Executive Summary

SSR Mining Inc., a resource company, engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has SSR Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SSRM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.2%

SSRM

-2.5%

CA Metals and Mining

-1.2%

CA Market


1 Year Return

37.2%

SSRM

53.1%

CA Metals and Mining

-4.5%

CA Market

Return vs Industry: SSRM underperformed the Canadian Metals and Mining industry which returned 54.7% over the past year.

Return vs Market: SSRM exceeded the Canadian Market which returned -3.8% over the past year.


Shareholder returns

SSRMIndustryMarket
7 Day0.2%-2.5%-1.2%
30 Day-11.6%-6.8%-0.03%
90 Day-18.9%-3.9%0.9%
1 Year37.2%37.2%54.3%53.1%-1.0%-4.5%
3 Year102.8%102.8%49.7%46.7%6.4%-4.0%
5 Year160.7%160.7%139.5%132.2%34.5%13.8%

Price Volatility Vs. Market

How volatile is SSR Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SSR Mining undervalued compared to its fair value and its price relative to the market?

31.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSRM (CA$25.37) is trading below our estimate of fair value (CA$37.2)

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 (40.9x) compared to the CA Metals and Mining industry average (24.4x).

PE vs Market: SSRM is poor value based on its PE Ratio (40.9x) compared to the Canadian market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: SSRM is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: SSRM is good value based on its PB Ratio (2.1x) compared to the CA Metals and Mining industry average (2.9x).


Next Steps

Future Growth

How is SSR Mining forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

49.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSRM's forecast earnings growth (49% per year) is above the savings rate (1.7%).

Earnings vs Market: SSRM's earnings (49% per year) are forecast to grow faster than the Canadian market (22.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SSRM's revenue (29% per year) is forecast to grow faster than the Canadian market (5.8% per year).

High Growth Revenue: SSRM's revenue (29% per year) is forecast to grow faster than 20% 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 (16.6%).


Next Steps

Past Performance

How has SSR Mining performed over the past 5 years?

52.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSRM has high quality earnings.

Growing Profit Margin: SSRM's current net profit margins (9.9%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: SSRM has become profitable over the past 5 years, growing earnings by 52.1% per year.

Accelerating Growth: SSRM's earnings growth over the past year (187.6%) exceeds its 5-year average (52.1% per year).

Earnings vs Industry: SSRM earnings growth over the past year (187.6%) exceeded the Metals and Mining industry 78.5%.


Return on Equity

High ROE: SSRM's Return on Equity (4.8%) is considered low.


Next Steps

Financial Health

How is SSR Mining's financial position?


Financial Position Analysis

Short Term Liabilities: SSRM's short term assets ($746.1M) exceed its short term liabilities ($83.3M).

Long Term Liabilities: SSRM's short term assets ($746.1M) exceed its long term liabilities ($394.7M).


Debt to Equity History and Analysis

Debt Level: SSRM's debt to equity ratio (14.7%) is considered satisfactory.

Reducing Debt: SSRM's debt to equity ratio has reduced from 35.9% to 14.7% over the past 5 years.

Debt Coverage: SSRM's debt is well covered by operating cash flow (107.4%).

Interest Coverage: SSRM's interest payments on its debt are well covered by EBIT (8.1x coverage).


Balance Sheet


Next Steps

Dividend

What is SSR Mining current dividend yield, its reliability and sustainability?

4.02%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SSRM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SSRM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SSRM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SSRM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SSRM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.08yrs

Average management tenure


CEO

Rod Antal (53 yo)

0.083

Tenure

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. ...


Leadership Team

NamePositionTenureCompensationOwnership
Gregory Martin
Executive VP & CFO8.75yrsUS$1.15m0.0095%
$ 533.0k
Rodney Antal
President0.083yrno datano data
Stewart Beckman
Executive VP & COO0.083yrno datano data
David Wiens
Director of Corporate Financeno datano datano data
Michael Sparks
Executive VP and Chief Legal & Administrative Officer0.083yrno datano data
Michael McDonald
Director of Corporate Development & Investor Relationsno datano datano data
F. Farid
Executive VP & Chief Corporate Development Officer0.083yrno datano data
F. Edmunds
Vice President of Explorationno datano datano data
Adrian Dirassar
Corporate Secretaryno datano datano data
Tom Hethmon
Vice President of Health & Safety3.42yrsno datano data

0.08yrs

Average Tenure

52yo

Average Age

Experienced Management: SSRM's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Rodney Antal
President0.083yrno datano data
Edward Dowling
Director0.083yrno datano data
Kay Priestly
Director0.083yrno datano data
Thomas Bates
Director0.083yrno datano data
Beverlee Park
Independent Director6.42yrsUS$159.21k0.0026%
$ 148.3k
Brian Booth
Independent Director4.42yrsUS$151.67k0.0085%
$ 479.7k
Simon Fish
Independent Director2.75yrsUS$150.73kno data
Alan Krusi
Director0.083yrno datano data
A. Edward Anglin
Independent Chairman of the Board3.42yrsUS$244.93k0.016%
$ 897.0k
Elizabeth Wademan
Independent Director2.75yrsUS$156.38k0.00062%
$ 34.8k

1.4yrs

Average Tenure

62yo

Average Age

Experienced Board: SSRM's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 80%.


Top Shareholders

Company Information

SSR Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SSR Mining Inc.
  • Ticker: SSRM
  • Exchange: TSX
  • Founded: 1946
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$5.617b
  • Shares outstanding: 219.15m
  • Website: https://www.ssrmining.com

Number of Employees


Location

  • SSR Mining Inc.
  • 1055 Dunsmuir Street
  • Suite 800
  • Vancouver
  • British Columbia
  • V7X 1G4
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SSRMNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDJan 1980
SSRMTSX (The Toronto Stock Exchange)YesCommon SharesCACADJan 1980
ZSVDB (Deutsche Boerse AG)YesCommon SharesDEEURJan 1980
0VGELSE (London Stock Exchange)YesCommon SharesGBCADJan 1980
SSRASX (Australian Securities Exchange)NPV CDI 1:1AUAUDSep 2020
SSRCHIA (Chi-X Australia)NPV CDI 1:1AUAUDSep 2020

Biography

SSR Mining Inc., a resource company, engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 23:38
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.