SSR Mining Shares Owned By Insiders vs. Gross Profit

SSRM Stock  USD 7.11  0.16  2.30%   
Considering the key profitability indicators obtained from SSR Mining's historical financial statements, SSR Mining may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess SSR Mining's ability to earn profits and add value for shareholders. As of the 23rd of December 2024, Price To Sales Ratio is likely to grow to 1.62. Also, Days Sales Outstanding is likely to grow to 38.19. At this time, SSR Mining's Net Income From Continuing Ops is very stable compared to the past year. As of the 23rd of December 2024, Net Income Applicable To Common Shares is likely to grow to about 234.4 M, though Net Loss is likely to grow to (114.2 M).
For SSR Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SSR Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SSR Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SSR Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SSR Mining over time as well as its relative position and ranking within its peers.
  

SSR Mining's Revenue Breakdown by Earning Segment

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To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
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.

SSR Mining Gross Profit vs. Shares Owned By Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining SSR Mining's current stock value. Our valuation model uses many indicators to compare SSR Mining value to that of its competitors to determine the firm's financial worth.
SSR Mining is rated fourth in shares owned by insiders category among its peers. It is rated below average in gross profit category among its peers fabricating about  547,572,527  of Gross Profit per Shares Owned By Insiders. At this time, SSR Mining's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value SSR Mining by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

SSR Gross Profit vs. Shares Owned By Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

SSR Mining

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
0.91 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

SSR Mining

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
498.29 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

SSR Gross Profit Comparison

SSR Mining is currently under evaluation in gross profit category among its peers.

SSR Mining Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in SSR Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SSR Mining will eventually generate negative long term returns. The profitability progress is the general direction of SSR Mining's change in net profit over the period of time. It can combine multiple indicators of SSR Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Operating Income-130.2 M-123.7 M
Net Loss-120.2 M-114.2 M
Income Tax Expense-84 M-79.8 M
Income Before Tax-202.4 M-192.3 M
Total Other Income Expense Net-72.2 M-68.6 M
Net Income From Continuing Ops239.3 M251.3 M
Net Income Applicable To Common Shares223.3 M234.4 M
Interest Income28.2 M29.6 M
Net Interest Income8.1 M8.5 M
Non Operating Income Net Other79.7 M83.7 M
Change To Netincome-53.3 M-50.6 M
Net Loss(0.48)(0.45)
Income Quality(3.51)(3.68)
Net Income Per E B T 0.48  0.46 

SSR Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on SSR Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SSR Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SSR Mining's important profitability drivers and their relationship over time.

Use SSR Mining in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SSR Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SSR Mining will appreciate offsetting losses from the drop in the long position's value.

SSR Mining Pair Trading

SSR Mining Pair Trading Analysis

The ability to find closely correlated positions to SSR Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SSR Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SSR Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SSR Mining to buy it.
The correlation of SSR Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SSR Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SSR Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SSR Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your SSR Mining position

In addition to having SSR Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Toys Theme
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Toys Theme or any other thematic opportunities.
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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 learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
To fully project SSR Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SSR Mining at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SSR Mining's income statement, its balance sheet, and the statement of cash flows.
Potential SSR Mining investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although SSR Mining investors may work on each financial statement separately, they are all related. The changes in SSR Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SSR Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.