DB:ZSV

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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.


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: ZSV's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.6%

ZSV

2.0%

DE Metals and Mining

0.7%

DE Market


1 Year Return

63.4%

ZSV

-26.3%

DE Metals and Mining

3.9%

DE Market

Return vs Industry: ZSV exceeded the German Metals and Mining industry which returned -26.3% over the past year.

Return vs Market: ZSV exceeded the German Market which returned 3.9% over the past year.


Shareholder returns

ZSVIndustryMarket
7 Day8.6%2.0%0.7%
30 Day17.7%4.2%5.3%
90 Day58.3%17.5%17.3%
1 Year63.4%63.4%-25.7%-26.3%6.2%3.9%
3 Year142.2%142.2%-63.4%-64.5%1.8%-6.2%
5 Year255.9%255.9%-58.2%-60.3%9.3%-5.4%

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

No news available

Valuation

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

34.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ZSV (€20.1) is trading below our estimate of fair value (€30.45)

Significantly Below Fair Value: ZSV is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ZSV is poor value based on its PE Ratio (36.7x) compared to the XE Metals and Mining industry average (10.3x).

PE vs Market: ZSV is poor value based on its PE Ratio (36.7x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: ZSV is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: ZSV is good value based on its PB Ratio (2.4x) compared to the DE Metals and Mining industry average (3.2x).


Next Steps

Future Growth

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

50.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZSV's forecast earnings growth (50.6% per year) is above the savings rate (0.2%).

Earnings vs Market: ZSV's earnings (50.6% per year) are forecast to grow faster than the German market (22.4% per year).

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

Revenue vs Market: ZSV's revenue (2.1% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: ZSV's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ZSV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has SSR Mining performed over the past 5 years?

54.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZSV has high quality earnings.

Growing Profit Margin: ZSV's current net profit margins (11.6%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: ZSV has become profitable over the past 5 years, growing earnings by 54.4% per year.

Accelerating Growth: ZSV's earnings growth over the past year (415%) exceeds its 5-year average (54.4% per year).

Earnings vs Industry: ZSV earnings growth over the past year (415%) exceeded the Metals and Mining industry 0.5%.


Return on Equity

High ROE: ZSV's Return on Equity (6.5%) is considered low.


Next Steps

Financial Health

How is SSR Mining's financial position?


Financial Position Analysis

Short Term Liabilities: ZSV's short term assets ($743.2M) exceed its short term liabilities ($96.7M).

Long Term Liabilities: ZSV's short term assets ($743.2M) exceed its long term liabilities ($377.3M).


Debt to Equity History and Analysis

Debt Level: ZSV's debt to equity ratio (14.8%) is considered satisfactory.

Reducing Debt: ZSV's debt to equity ratio has reduced from 35.6% to 14.8% over the past 5 years.

Debt Coverage: ZSV's debt is well covered by operating cash flow (115%).

Interest Coverage: ZSV's interest payments on its debt are well covered by EBIT (8.6x coverage).


Balance Sheet


Next Steps

Dividend

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

3.34%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ZSV'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 ZSV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ZSV'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 ZSV's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

4.0yrs

Average management tenure


CEO

Paul Benson (57yo)

4.92yrs

Tenure

US$2,382,272

Compensation

Mr. Paul Benson, B.Sc in Geology, B.Eng. in Mining, M.Sc in Management serves as President and Chief Executive Officer and a Member of the Board of Directors of SSR Mining Inc. since August 1, 2008. He ser ...


CEO Compensation Analysis

Compensation vs Market: Paul's total compensation ($USD2.38M) is about average for companies of similar size in the German market ($USD2.40M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Paul Benson
President4.92yrsUS$2.38m0.092% $2.2m
Gregory Martin
Senior VP & CFO8.5yrsUS$1.15m0.017% $412.8k
Kevin O'Kane
Senior VP & COO2.08yrsUS$1.33m0.012% $296.5k
Nadine Block
Senior Vice President of Human Resources6yrsUS$836.22k0.0049% $120.0k
W. DeCooman
Senior Vice President of Business Development & Strategy1.58yrsUS$940.56k0.0020% $48.0k
David Wiens
Director of Corporate Financeno datano datano data
Michael McDonald
Director of Investor Relationsno datano datano data
Adrian Dirassar
VP, Legalno datano datano data
F. Edmunds
Vice President of Explorationno datano datano data
Tom Hethmon
Vice President of Health & Safety3.17yrsno datano data

4.0yrs

Average Tenure

52yo

Average Age

Experienced Management: ZSV's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Paul Benson
President4.92yrsUS$2.38m0.092% $2.2m
Gustavo A. Herrero
Independent Director7.5yrsUS$171.45kno data
Beverlee Park
Independent Director6.17yrsUS$159.21k0.0047% $115.1k
Steven Reid
Independent Director7.5yrsUS$155.44kno data
Brian Booth
Independent Director4.17yrsUS$151.67k0.015% $371.7k
Simon Fish
Independent Director2.5yrsUS$150.73kno data
A. Edward Anglin
Independent Chairman of the Board3.17yrsUS$244.93k0.028% $694.8k
Elizabeth Wademan
Independent Director2.5yrsUS$156.38k0.0011% $26.7k

4.5yrs

Average Tenure

59.5yo

Average Age

Experienced Board: ZSV's board of directors are considered experienced (4.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: SSR Mining Inc.
  • Ticker: ZSV
  • Exchange: DB
  • Founded: 1946
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$3.766b
  • Listing Market Cap: CA$2.448b
  • Shares outstanding: 123.32m
  • 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 1:1AUAUDJun 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 silver deposits. Its projects include the Marigold mine located in southeastern Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was founded in 1946 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 21:42
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
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.