Ssr Mining Stock Today

SSRM Stock  USD 5.99  0.26  4.54%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 50

 
High
 
Low
About Average
SSR Mining is selling at 5.99 as of the 21st of November 2024; that is 4.54 percent increase since the beginning of the trading day. The stock's lowest day price was 5.73. SSR Mining has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for SSR Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Materials
IPO Date
1st of August 1996
Category
Basic Materials
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 Inc. was incorporated in 1946 and is based in Denver, Colorado. The company has 202.37 M outstanding shares of which 7.68 M shares are at this time shorted by private and institutional investors with about 4.22 trading days to cover. More on SSR Mining

Moving together with SSR Stock

  0.82OR Osisko Gold RoPairCorr
  0.79AEM Agnico Eagle MinesPairCorr
  0.78AGI Alamos GoldPairCorr

Moving against SSR Stock

  0.5GURE Gulf ResourcesPairCorr

SSR Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaGold and Gold Mining (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Philadelphia GoldSilver, ARCA Gold BUGS, Stlmt ID PHLX, NASDAQ Composite, SP TSX Composite, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.280.2649
Notably Up
Slightly volatile
Total Current Liabilities88.5 M170.6 M
Way Down
Slightly volatile
Total Assets5.7 B5.4 B
Sufficiently Up
Slightly volatile
Total Current Assets1.3 B1.2 B
Sufficiently Up
Slightly volatile
Debt Levels
SSR Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SSR Mining's financial leverage. It provides some insight into what part of SSR Mining's total assets is financed by creditors.
Liquidity
SSR Mining currently holds 320.68 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. SSR Mining has a current ratio of 6.96, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about SSR Mining's use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

802.09 Million
SSR Mining (SSRM) is traded on NASDAQ Exchange in USA. It is located in 6900 East Layton Avenue, Denver, CO, United States, 80237 and employs 2,500 people. SSR Mining is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.17 B. SSR Mining conducts business under Metals & Mining sector and is part of Materials industry. The entity has 202.37 M outstanding shares of which 7.68 M shares are at this time shorted by private and institutional investors with about 4.22 trading days to cover. SSR Mining currently holds about 964.55 M in cash with 421.73 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.62.
Check SSR Mining Probability Of Bankruptcy
Ownership Allocation
SSR Mining shows a total of 202.37 Million outstanding shares. The majority of SSR Mining outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SSR Mining to benefit from reduced commissions. Accordingly, institutions are subject to a different set of regulations than regular investors in SSR Mining. Please pay attention to any change in the institutional holdings of SSR Mining as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check SSR Ownership Details

SSR Stock Institutional Holders

InstituionRecorded OnShares
Millennium Management Llc2024-06-30
2.9 M
Geode Capital Management, Llc2024-06-30
2.7 M
Tidal Investments Llc.2024-06-30
2.6 M
Federated Hermes Inc2024-09-30
2.4 M
Qube Research & Technologies2024-06-30
M
Amundi2024-06-30
M
Goldman Sachs Group Inc2024-06-30
M
Fmr Inc2024-09-30
1.9 M
Cibc World Markets Inc.2024-06-30
1.9 M
Van Eck Associates Corporation2024-06-30
18.7 M
Morgan Stanley - Brokerage Accounts2024-06-30
11.9 M
View SSR Mining Diagnostics

SSR Mining Historical Income Statement

At this time, SSR Mining's Selling General Administrative is very stable compared to the past year. As of the 21st of November 2024, Net Income From Continuing Ops is likely to grow to about 251.3 M, though EBIT is likely to grow to (174.3 M). View More Fundamentals

SSR Stock Against Markets

SSR Mining Corporate Management

Susan GehoskiVice ResourcesProfile
Alex HunchakDirector RelationsProfile
BSc BScEx COOProfile
Joanne ThomopoulosExecutive ResourcesProfile
Accountancy BBusCEO PresProfile
Finance BComExecutive OfficerProfile
When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SSR Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSR Mining. If investors know SSR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSR Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Earnings Share
(2.38)
Revenue Per Share
5.423
Quarterly Revenue Growth
(0.33)
Return On Assets
(0.02)
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.