Ssr Mining Stock Performance
| SSRM Stock | CAD 8.27 0.12 1.43% |
On a scale of 0 to 100, SSR Mining holds a performance score of 5. The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SSR Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding SSR Mining is expected to be smaller as well. Please check SSR Mining's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether SSR Mining's existing price patterns will revert.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in SSR Mining are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, SSR Mining displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.28 | Dividend Date 2023-12-11 | Ex Dividend Date 2023-11-10 |
1 | SSR Mining Trading Down 4.3 percent - MarketBeat | 08/28/2024 |
2 | Seabee mine to resume operations in October - Investing.com | 09/23/2024 |
3 | Is the Worst Over for SSR Mining Stock - MSN | 09/27/2024 |
| Begin Period Cash Flow | 689.1 M |
SSR |
SSR Mining Relative Risk vs. Return Landscape
If you would invest 743.00 in SSR Mining on August 24, 2024 and sell it today you would earn a total of 84.00 from holding SSR Mining or generate 11.31% return on investment over 90 days. SSR Mining is generating 0.2375% of daily returns and assumes 3.6714% volatility on return distribution over the 90 days horizon. Simply put, 32% of stocks are less volatile than SSR, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
SSR Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSR Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SSR Mining, and traders can use it to determine the average amount a SSR Mining's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0647
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.67 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average SSR Mining is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SSR Mining by adding it to a well-diversified portfolio.
SSR Mining Fundamentals Growth
SSR Stock prices reflect investors' perceptions of the future prospects and financial health of SSR Mining, and SSR Mining fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SSR Stock performance.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0221 | ||||
| Profit Margin | (0.44) % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 1.66 B | ||||
| Shares Outstanding | 202.37 M | ||||
| Price To Earning | 18.51 X | ||||
| Price To Book | 0.39 X | ||||
| Price To Sales | 1.55 X | ||||
| Revenue | 1.43 B | ||||
| Gross Profit | 498.29 M | ||||
| EBITDA | 514.44 M | ||||
| Net Income | (120.22 M) | ||||
| Cash And Equivalents | 655.45 M | ||||
| Cash Per Share | 4.62 X | ||||
| Total Debt | 320.68 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 7.10 X | ||||
| Book Value Per Share | 15.34 X | ||||
| Cash Flow From Operations | 421.73 M | ||||
| Earnings Per Share | (3.33) X | ||||
| Market Capitalization | 1.7 B | ||||
| Total Asset | 5.39 B | ||||
| Retained Earnings | 368.06 M | ||||
| Working Capital | 1.03 B | ||||
| Current Asset | 573.85 M | ||||
| Current Liabilities | 83.23 M | ||||
About SSR Mining Performance
By examining SSR Mining's fundamental ratios, stakeholders can obtain critical insights into SSR Mining's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that SSR Mining is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 184.67 | 279.79 | |
| Return On Tangible Assets | (0.02) | (0.02) | |
| Return On Capital Employed | (0.02) | (0.03) | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about SSR Mining performance evaluation
Checking the ongoing alerts about SSR Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SSR Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SSR Mining had very high historical volatility over the last 90 days | |
| The company reported the revenue of 1.43 B. Net Loss for the year was (120.22 M) with profit before overhead, payroll, taxes, and interest of 498.29 M. | |
| About 75.0% of the company shares are owned by institutional investors |
- Analyzing SSR Mining's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SSR Mining's stock is overvalued or undervalued compared to its peers.
- Examining SSR Mining's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SSR Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SSR Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SSR Mining's stock. These opinions can provide insight into SSR Mining's potential for growth and whether the stock is currently undervalued or overvalued.
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.