SSR Pb Ratio vs Dividend Yield Analysis

SSRM Stock  CAD 8.03  0.24  2.90%   
SSR Mining financial indicator trend analysis is much more than just breaking down SSR Mining prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SSR Mining is a good investment. Please check the relationship between SSR Mining Pb Ratio and its Dividend Yield accounts. 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.

Pb Ratio vs Dividend Yield

Pb Ratio vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SSR Mining Pb Ratio account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between SSR Mining's Pb Ratio and Dividend Yield is -0.29. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of SSR Mining, assuming nothing else is changed. The correlation between historical values of SSR Mining's Pb Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of SSR Mining are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Pb Ratio i.e., SSR Mining's Pb Ratio and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Pb Ratio

Dividend Yield

Dividend Yield is SSR Mining dividend as a percentage of SSR Mining stock price. SSR Mining dividend yield is a measure of SSR Mining stock productivity, which can be interpreted as interest rate earned on an SSR Mining investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from SSR Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SSR Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, SSR Mining's Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.05, though Tax Provision is likely to grow to (78.4 M).
 2021 2022 2023 2024 (projected)
Gross Profit574.9M358.6M408.8M429.2M
Total Revenue1.5B1.1B1.4B1.5B

SSR Mining fundamental ratios Correlations

0.950.640.940.92-0.660.620.620.720.920.890.690.880.920.950.64-0.30.940.920.960.870.79-0.110.85-0.12-0.34
0.950.61.00.99-0.620.690.60.681.00.940.630.890.960.960.57-0.280.970.980.930.940.76-0.270.81-0.22-0.42
0.640.60.630.54-0.70.430.650.810.550.610.780.620.540.550.36-0.240.660.50.740.510.810.160.50.08-0.27
0.941.00.630.99-0.650.730.630.710.990.940.660.890.940.950.57-0.250.960.970.940.950.76-0.250.78-0.19-0.41
0.920.990.540.99-0.550.690.570.621.00.930.550.890.950.970.55-0.290.950.990.890.940.7-0.310.79-0.29-0.46
-0.66-0.62-0.7-0.65-0.55-0.44-0.27-0.94-0.56-0.63-0.89-0.59-0.59-0.51-0.420.39-0.65-0.51-0.8-0.55-0.760.06-0.54-0.240.41
0.620.690.430.730.69-0.440.570.360.710.70.330.710.470.580.370.030.510.730.560.850.28-0.180.27-0.09-0.21
0.620.60.650.630.57-0.270.570.470.590.580.520.440.550.60.250.240.60.560.60.550.620.180.38-0.010.09
0.720.680.810.710.62-0.940.360.470.620.690.970.580.70.610.46-0.330.760.560.870.560.93-0.020.640.15-0.34
0.921.00.550.991.0-0.560.710.590.620.930.550.890.940.960.55-0.270.940.990.890.950.7-0.310.78-0.27-0.44
0.890.940.610.940.93-0.630.70.580.690.930.630.860.880.860.67-0.360.890.930.880.930.74-0.230.74-0.24-0.41
0.690.630.780.660.55-0.890.330.520.970.550.630.50.660.530.46-0.140.720.490.840.520.920.050.570.31-0.1
0.880.890.620.890.89-0.590.710.440.580.890.860.50.790.870.66-0.430.830.910.840.910.59-0.110.69-0.17-0.47
0.920.960.540.940.95-0.590.470.550.70.940.880.660.790.950.56-0.290.990.920.930.830.82-0.250.87-0.2-0.38
0.950.960.550.950.97-0.510.580.60.610.960.860.530.870.950.52-0.330.950.960.890.860.72-0.210.86-0.3-0.47
0.640.570.360.570.55-0.420.370.250.460.550.670.460.660.560.52-0.410.570.570.610.630.490.230.39-0.05-0.15
-0.3-0.28-0.24-0.25-0.290.390.030.24-0.33-0.27-0.36-0.14-0.43-0.29-0.33-0.41-0.31-0.31-0.29-0.19-0.26-0.05-0.410.240.81
0.940.970.660.960.95-0.650.510.60.760.940.890.720.830.990.950.57-0.310.910.960.840.87-0.20.87-0.17-0.39
0.920.980.50.970.99-0.510.730.560.560.990.930.490.910.920.960.57-0.310.910.860.950.64-0.30.78-0.31-0.46
0.960.930.740.940.89-0.80.560.60.870.890.880.840.840.930.890.61-0.290.960.860.830.9-0.090.820.0-0.34
0.870.940.510.950.94-0.550.850.550.560.950.930.520.910.830.860.63-0.190.840.950.830.59-0.30.63-0.24-0.35
0.790.760.810.760.7-0.760.280.620.930.70.740.920.590.820.720.49-0.260.870.640.90.59-0.030.740.0-0.28
-0.11-0.270.16-0.25-0.310.06-0.180.18-0.02-0.31-0.230.05-0.11-0.25-0.210.23-0.05-0.2-0.3-0.09-0.3-0.03-0.310.480.29
0.850.810.50.780.79-0.540.270.380.640.780.740.570.690.870.860.39-0.410.870.780.820.630.74-0.31-0.23-0.44
-0.12-0.220.08-0.19-0.29-0.24-0.09-0.010.15-0.27-0.240.31-0.17-0.2-0.3-0.050.24-0.17-0.310.0-0.240.00.48-0.230.55
-0.34-0.42-0.27-0.41-0.460.41-0.210.09-0.34-0.44-0.41-0.1-0.47-0.38-0.47-0.150.81-0.39-0.46-0.34-0.35-0.280.29-0.440.55
Click cells to compare fundamentals

SSR Mining Account Relationship Matchups

SSR Mining fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding122.7M164.4M228.2M222.5M204.7M214.9M
Total Assets1.8B5.2B5.2B5.3B5.4B5.7B
Total Current Liabilities234.2M248.9M283.9M279.3M170.6M98.2M
Total Stockholder Equity1.1B3.4B3.5B3.6B3.4B3.5B
Property Plant And Equipment Net769.5M3.6B3.2B3.5B3.9B4.1B
Net Debt(219.6M)(347.3M)(529.9M)(248.9M)(171.7M)(163.1M)
Retained Earnings(76.0M)58.5M397.7M521.8M368.1M386.5M
Accounts Payable33.6M42.6M34.8M78.9M37.1M20.2M
Cash503.6M860.6M1.0B655.5M492.4M264.1M
Non Current Assets Total850.4M3.8B3.6B3.9B4.2B4.4B
Non Currrent Assets Other30.1M192.4M298.2M276.7M219.8M230.8M
Cash And Short Term Investments570.1M887.4M1.1B695.7M513.3M312.1M
Net Receivables71.8M83.5M121.4M117.7M142.2M149.3M
Liabilities And Stockholders Equity1.8B5.2B5.2B5.3B5.4B5.7B
Non Current Liabilities Total382.0M1.1B875.0M849.2M911.0M956.5M
Inventory237.6M437.4M389.4M501.6M515.1M540.9M
Other Current Assets4.7M16.3M31.5M27.8M25.7M27.0M
Total Liab616.2M1.3B1.2B1.1B1.1B1.1B
Property Plant And Equipment Gross769.5M3.6B4.2B4.7B5.2B5.5B
Total Current Assets899.7M1.4B1.6B1.4B1.2B1.3B
Other Assets31.2M197.0M299.1M260.6M299.7M314.7M
Short Long Term Debt Total293.0M513.4M487.6M406.6M320.7M199.6M
Other Current Liab86.3M3.8M4.1M122.7M2.6M2.5M
Short Term Debt114.3M76.7M86.2M77.6M7.0M6.7M
Short Term Investments66.5M26.7M40.4M40.3M20.9M19.9M
Common Stock Total Equity1.0B1.1B1.1B3.2B3.7B3.9B
Common Stock1.1B3.2B3.1B3.1B3.0B1.7B
Other Liab208.9M619.5M468.1M503.3M578.8M607.7M
Net Tangible Assets1.1B3.4B3.5B3.5B4.1B4.3B
Long Term Debt175.4M319.6M295.5M226.5M227.5M253.8M
Property Plant Equipment769.5M3.6B3.3B3.6B4.1B4.3B
Long Term Debt Total178.7M436.7M401.5M328.9M378.3M310.0M
Net Invested Capital1.4B3.8B3.9B3.9B3.6B3.0B
Net Working Capital665.5M1.2B1.3B1.1B1.0B1.0B

Pair Trading with SSR Mining

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.

Moving together with SSR Stock

  0.9AG First Majestic SilverPairCorr
  0.73IE Ivanhoe EnergyPairCorr
  0.66FDY Faraday Copper CorpPairCorr

Moving against SSR Stock

  0.36INFM Infinico Metals CorpPairCorr
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
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.