SSR Mining (SSRM)
Market Price (12/4/2025): $21.19 | Market Cap: $4.3 BilSector: Materials | Industry: Gold
SSR Mining (SSRM)
Market Price (12/4/2025): $21.19Market Cap: $4.3 BilSector: MaterialsIndustry: Gold
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30% | Weak multi-year price returns3Y Excs Rtn is -20% | Stock price has recently run up significantly12M Rtn12 month market price return is 257% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13% | Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 84% | |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Battery Technology & Metals, and Electrification of Everything. Themes include Metals for Renewable Energy, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, Battery Technology & Metals, and Electrification of Everything. Themes include Metals for Renewable Energy, Show more. |
| Weak multi-year price returns3Y Excs Rtn is -20% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 257% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 84% |
Valuation, Metrics & Events
SSRM Stock
Why The Stock Moved
Qualitative Assessment
AI Generated Analysis | Feedback
Information regarding an 11% stock movement for SSR Mining (SSRM) for the approximate time period from August 31, 2025, to December 4, 2025, is not evident in the available information. While the stock saw significant movement in 2025, including a yearly increase of 198.61%, a specific 11% movement for the requested period and its explanatory factors are not identified.
Show moreStock Movement Drivers
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| SSRM Return | 4% | -11% | -10% | -30% | -35% | 212% | 18% |
| Peers Return | 41% | -14% | -6% | -1% | 9% | 128% | 178% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 112% |
Monthly Win Rates [3] | |||||||
| SSRM Win Rate | 42% | 58% | 50% | 50% | 50% | 80% | |
| Peers Win Rate | 48% | 45% | 48% | 52% | 47% | 78% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 70% | |
Max Drawdowns [4] | |||||||
| SSRM Max Drawdown | -44% | -31% | -26% | -31% | -63% | 0% | |
| Peers Max Drawdown | -27% | -28% | -32% | -22% | -21% | -0% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: B, FNV, FSM, NEM, AEM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)
How Low Can It Go
| Event | SSRM | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -56.9% | -25.4% |
| % Gain to Breakeven | 131.9% | 34.1% |
| Time to Breakeven | 657 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -44.1% | -33.9% |
| % Gain to Breakeven | 78.8% | 51.3% |
| Time to Breakeven | 56 days | 148 days |
| 2018 Correction | ||
| % Loss | -33.9% | -19.8% |
| % Gain to Breakeven | 51.2% | 24.7% |
| Time to Breakeven | 343 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -86.5% | -56.8% |
| % Gain to Breakeven | 638.3% | 131.3% |
| Time to Breakeven | Not Fully Recovered days | 1480 days |
Compare to B, FNV, FSM, NEM, AEM
In The Past
SSR Mining's stock fell -56.9% during the 2022 Inflation Shock from a high on 4/20/2022. A -56.9% loss requires a 131.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | Topic | Date | |
|---|---|---|---|
| DASHBOARDS | |||
| Is 22.7% Fall In SSR Mining (SSRM) Stock A Buying Opportunity? | Actionable | ||
| Is SSR Mining Stock Built to Withstand More Downside? | Return | ||
| Day 6 of Gains Streak for SSR Mining Stock with 15% Return (vs. 165% YTD) [8/27/2025] | Notification | ||
| SSRM's 10% One Week Pop Begs The Question: Is UNH Better Instead? | Counter-Intuitive Comparisons | ||
| As SSRM Surges 10% in a Week, NEM's Story Stands Out | Counter-Intuitive Comparisons | ||
| How Does SSR Mining Stock Stack Up Against Its Peers? | Peer Comparison | ||
| SSR Mining (SSRM) Net Income Comparison | Financials | ||
| SSR Mining (SSRM) Operating Cash Flow Comparison | Financials | ||
| SSR Mining (SSRM) Debt Comparison | Financials | ||
| SSR Mining (SSRM) EBITDA Comparison | Financials | ||
| ARTICLES | |||
| SSR Mining Stock To $26? | November 8th, 2025 | ||
| SSRM Stock Up 15% after 6-Day Win Streak | August 27th, 2025 |
Trade Ideas
Select past ideas related to SSRM. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | DD | DuPont de Nemours | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 3.4% | 3.4% | -0.2% |
| 11212025 | CF | CF Industries | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.0% | 1.0% | -1.1% |
| 11212025 | HL | Hecla Mining | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 29.7% | 29.7% | 0.0% |
| 11072025 | CDE | Coeur Mining | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 9.9% | 9.9% | -5.7% |
| 10312025 | ATR | AptarGroup | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.2% | 5.2% | -2.5% |
| 04302024 | SSRM | SSR Mining | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 19.2% | 98.5% | -18.8% |
| 08312022 | SSRM | SSR Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.6% | 12.2% | -3.9% |
| 06302021 | SSRM | SSR Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 11.7% | 8.5% | -8.4% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | DD | DuPont de Nemours | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 3.4% | 3.4% | -0.2% |
| 11212025 | CF | CF Industries | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 1.0% | 1.0% | -1.1% |
| 11212025 | HL | Hecla Mining | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 29.7% | 29.7% | 0.0% |
| 11072025 | CDE | Coeur Mining | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 9.9% | 9.9% | -5.7% |
| 10312025 | ATR | AptarGroup | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 5.2% | 5.2% | -2.5% |
| 04302024 | SSRM | SSR Mining | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 19.2% | 98.5% | -18.8% |
| 08312022 | SSRM | SSR Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.6% | 12.2% | -3.9% |
| 06302021 | SSRM | SSR Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 11.7% | 8.5% | -8.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for SSR Mining
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 65.08 |
| Mkt Cap | 54.3 |
| Rev LTM | 6,057 |
| Op Inc LTM | 3,146 |
| FCF LTM | 226 |
| FCF 3Y Avg | 124 |
| CFO LTM | 1,310 |
| CFO 3Y Avg | 1,056 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 32.7% |
| Rev Chg 3Y Avg | 15.8% |
| Rev Chg Q | 40.1% |
| QoQ Delta Rev Chg LTM | 7.4% |
| Op Mgn LTM | 41.1% |
| Op Mgn 3Y Avg | 26.7% |
| QoQ Delta Op Mgn LTM | 3.4% |
| CFO/Rev LTM | 42.9% |
| CFO/Rev 3Y Avg | 35.4% |
| FCF/Rev LTM | 16.7% |
| FCF/Rev 3Y Avg | 11.7% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 54.3 |
| P/S | 3.9 |
| P/EBIT | 12.5 |
| P/E | 17.7 |
| P/CFO | 12.5 |
| Total Yield | 6.7% |
| Dividend Yield | 0.6% |
| FCF Yield 3Y Avg | 3.6% |
| D/E | 0.0 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 9.0% |
| 3M Rtn | 16.8% |
| 6M Rtn | 52.4% |
| 12M Rtn | 109.3% |
| 3Y Rtn | 123.5% |
| 1M Excs Rtn | 9.0% |
| 3M Excs Rtn | 11.8% |
| 6M Excs Rtn | 37.7% |
| 12M Excs Rtn | 96.6% |
| 3Y Excs Rtn | 76.2% |
Segment Financials
Revenue by Segment
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Marigold | 538 | 349 | 426 | 410 | 315 |
| Çöpler | 442 | 355 | 608 | 206 | |
| Puna | 282 | 199 | 226 | 103 | 145 |
| Seabee | 164 | 245 | 214 | 135 | 146 |
| Corporate and other | 0 | 0 | |||
| Total | 1,427 | 1,148 | 1,474 | 853 | 607 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Marigold | 188 | 90 | 169 | 155 | 74 |
| Puna | 72 | 34 | 79 | 7 | 28 |
| Seabee | -27 | 106 | 90 | 46 | 52 |
| Corporate and other | -75 | -80 | -62 | -53 | |
| Çöpler | -288 | 40 | 201 | 47 | |
| Exploration, evaluation and development properties | -33 | -13 | -4 | ||
| Other reconciling items | -28 | ||||
| Total | -130 | 190 | 444 | 188 | 122 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Çöpler | 2,915 | 3,299 | 2,290 | 2,254 | |
| Corporate and other | 899 | 391 | 659 | 623 | |
| Marigold | 782 | 668 | 566 | 602 | 524 |
| Seabee | 464 | 582 | 479 | 454 | 485 |
| Puna | 325 | 315 | 293 | 225 | 271 |
| Exploration, evaluation and development properties | 923 | 1,019 | 115 | ||
| Other reconciling items | 355 | ||||
| Total | 5,386 | 5,255 | 5,211 | 5,177 | 1,750 |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11042025 | 10-Q 9/30/2025 |
| 6302025 | 8052025 | 10-Q 6/30/2025 |
| 3312025 | 5062025 | 10-Q 3/31/2025 |
| 12312024 | 2182025 | 10-K 12/31/2024 |
| 9302024 | 11062024 | 10-Q 9/30/2024 |
| 6302024 | 7312024 | 10-Q 6/30/2024 |
| 3312024 | 5082024 | 10-Q 3/31/2024 |
| 12312023 | 2272024 | 10-K 12/31/2023 |
| 9302023 | 11012023 | 10-Q 9/30/2023 |
| 6302023 | 8022023 | 10-Q 6/30/2023 |
| 3312023 | 5042023 | 10-Q 3/31/2023 |
| 12312022 | 2222023 | 10-K 12/31/2022 |
| 9302022 | 11082022 | 10-Q 9/30/2022 |
| 6302022 | 8022022 | 10-Q 6/30/2022 |
| 3312022 | 5032022 | 10-Q 3/31/2022 |
| 12312021 | 2232022 | 10-K 12/31/2021 |
External Quote Links
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| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |