Ssr Mining Stock Analysis

SSRM Stock  USD 5.91  0.08  1.34%   
SSR Mining is undervalued with Real Value of 9.81 and Target Price of 22.35. The main objective of SSR Mining stock analysis is to determine its intrinsic value, which is an estimate of what SSR Mining is worth, separate from its market price. There are two main types of SSR Mining's stock analysis: fundamental analysis and technical analysis.
The SSR Mining stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. SSR Mining is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. SSR Stock trading window is adjusted to America/New York timezone.
  
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.

SSR Stock Analysis Notes

About 75.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.39. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. SSR Mining recorded a loss per share of 2.38. The entity last dividend was issued on the 10th of November 2023. 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. Ssr Mining operates under Gold classification in the United States and is traded on NASDAQ Exchange. It employs 2429 people. To find out more about SSR Mining contact Accountancy BBus at 303 292 1299 or learn more at https://www.ssrmining.com.

SSR Mining Investment Alerts

SSR Mining had very high historical volatility over the last 90 days
The company reported the previous year's 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
Latest headline from news.google.com: Disposition of 6868 shares by Joanne Thomopoulos of SSR Mining subject to Rule 16b-3

SSR Mining Upcoming and Recent Events

21st of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
21st of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

SSR Largest EPS Surprises

Earnings surprises can significantly impact SSR Mining's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-07-31
2024-06-300.030.040.0133 
2009-05-14
2009-03-31-0.05-0.040.0120 
2007-03-05
2006-12-31-0.03-0.020.0133 
View All Earnings Estimates

SSR Mining Environmental, Social, and Governance (ESG) Scores

SSR Mining's ESG score is a quantitative measure that evaluates SSR Mining's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of SSR Mining's operations that may have significant financial implications and affect SSR Mining's stock price as well as guide investors towards more socially responsible investments.

SSR Mining Thematic Classifications

In addition to having SSR Mining stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Gold and Gold Mining Idea
Gold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas

SSR Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
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
Note, although SSR Mining's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

SSR Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.21 B.

SSR Profitablity

The company has Profit Margin (PM) of (0.44) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.
Last ReportedProjected for Next Year
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)

Management Efficiency

SSR Mining has return on total asset (ROA) of (0.0221) % which means that it has lost $0.0221 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1437) %, meaning that it created substantial loss on money invested by shareholders. SSR Mining's management efficiency ratios could be used to measure how well SSR Mining manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.02. In addition to that, Return On Capital Employed is likely to drop to -0.03. At this time, SSR Mining's Intangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Debt To Assets is likely to grow to 0.08, while Return On Tangible Assets are likely to drop (0.02).
Last ReportedProjected for Next Year
Book Value Per Share 21.03  22.08 
Tangible Book Value Per Share 21.03  22.08 
Enterprise Value Over EBITDA 66.41  69.73 
Price Book Value Ratio 0.65  0.62 
Enterprise Value Multiple 66.41  69.73 
Price Fair Value 0.65  0.62 
Enterprise Value376.7 M208.4 M
The strategic initiatives led by SSR Mining's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Operating Margin
0.0446
Profit Margin
(0.44)
Beta
0.942
Return On Assets
(0.02)
Return On Equity
(0.14)

Technical Drivers

As of the 22nd of November, SSR Mining has the risk adjusted performance of 0.051, and Coefficient Of Variation of 1769.5. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of SSR Mining, as well as the relationship between them. Please validate SSR Mining information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if SSR Mining is priced fairly, providing market reflects its prevalent price of 5.91 per share. Given that SSR Mining has jensen alpha of 0.0588, we advise you to double-check SSR Mining's current market performance to make sure the company can sustain itself next year.

SSR Mining Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. SSR Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for SSR Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

SSR Mining Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SSR Mining insiders, such as employees or executives, is commonly permitted as long as it does not rely on SSR Mining's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SSR Mining insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

SSR Mining Outstanding Bonds

SSR Mining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. SSR Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most SSR bonds can be classified according to their maturity, which is the date when SSR Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

SSR Mining Predictive Daily Indicators

SSR Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SSR Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

SSR Mining Corporate Filings

13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
6th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
13A
4th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
3rd of October 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13th of September 2024
Other Reports
ViewVerify
F4
9th of September 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10Q
31st of July 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
F4
2nd of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

SSR Mining Forecast Models

SSR Mining's time-series forecasting models are one of many SSR Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SSR Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About SSR Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how SSR Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SSR shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as SSR Mining. By using and applying SSR Stock analysis, traders can create a robust methodology for identifying SSR entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.14)(0.15)
Operating Profit Margin(0.09)(0.10)
Net Loss(0.07)(0.07)
Gross Profit Margin 0.29  0.17 

Current SSR Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SSR analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. SSR analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
22.35Buy9Odds
SSR Mining current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SSR analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SSR stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SSR Mining, talking to its executives and customers, or listening to SSR conference calls.
SSR Analyst Advice Details

SSR Stock Analysis Indicators

SSR Mining stock analysis indicators help investors evaluate how SSR Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading SSR Mining shares will generate the highest return on investment. By understating and applying SSR Mining stock analysis, traders can identify SSR Mining position entry and exit signals to maximize returns.
Begin Period Cash Flow689.1 M
Long Term Debt227.5 M
Common Stock Shares Outstanding204.7 M
Total Stockholder Equity3.4 B
Tax Provision9.6 M
Quarterly Earnings Growth Y O Y-0.286
Property Plant And Equipment Net3.9 B
Cash And Short Term Investments513.3 M
Cash492.4 M
Accounts Payable37.1 M
Net Debt-170.9 M
50 Day M A5.879
Total Current Liabilities170.6 M
Other Operating Expenses1.6 B
Non Current Assets Total4.2 B
Forward Price Earnings7.4963
Non Currrent Assets Other316.3 M
Stock Based Compensation5.2 M
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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.