Ssr Mining Stock Today

SSRM Stock  CAD 8.23  0.10  1.23%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 10

 
High
 
Low
Low
SSR Mining is selling at 8.23 as of the 1st of December 2024; that is 1.23 percent increase since the beginning of the trading day. The stock's open price was 8.13. SSR Mining has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance 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 4th of June 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
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 4.68 M shares are at this time shorted by private and institutional investors with about 9.67 days to cover all short positions. More on SSR Mining

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SSR Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SSR Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SSR Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOPaul Benson
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
SSR Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to SSR Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
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 cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. SSR Mining has accumulated 320.68 M in total debt with debt to equity ratio (D/E) 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 and has the ability to pay its financial obligations in time and when they become due. Debt can assist SSR Mining until it has trouble settling it off, either with new capital or with free cash flow. So, SSR Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SSR Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SSR to invest in growth at high rates of return. When we think about SSR Mining's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

234.59 Million
SSR Mining (SSRM) is traded on Toronto Exchange in Canada 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 1.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SSR Mining's market, we take the total number of its shares issued and multiply it by SSR Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. SSR Mining operates under Metals & Mining sector and is part of Materials industry. The entity has 202.37 M outstanding shares of which 4.68 M shares are at this time shorted by private and institutional investors with about 9.67 days to cover all short positions. SSR Mining has accumulated about 655.45 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 Mining Risk Profiles

Although SSR Mining's alpha and beta are two of the key measurements used to evaluate SSR Mining's performance over the market, the standard measures of volatility play an important role as well.

SSR Stock Against Markets

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Our tools can tell you how much better you can do entering a position in SSR Mining without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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SSR Mining Corporate Directors

Elizabeth WademanIndependent DirectorProfile
Richard PatersonIndependent DirectorProfile
Simon FishIndependent DirectorProfile
Gustavo HerreroIndependent DirectorProfile
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 board of governors.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.