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How to buy SSR Mining stock | 19.23

Own SSR Mining stock in just a few minutes.

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SSR Mining Inc is a gold business based in the US. SSR Mining shares (SSRM) are listed on the NASDAQ and all prices are listed in US Dollars. SSR Mining employs 1,484 staff and has a trailing 12-month revenue of around USD$660 million.

How to buy shares in SSR Mining

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for SSR Mining. Find the stock by name or ticker symbol: SSRM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until SSR Mining reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$19.23, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of SSR Mining, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of SSR Mining. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted SSR Mining's share price?

Since the stock market crash in March caused by coronavirus, SSR Mining's share price has had significant positive movement.

Its last market close was USD$19.23, which is 2.39% up on its pre-crash value of USD$18.77 and 113.67% up on the lowest point reached during the March crash when the shares fell as low as USD$9.

If you had bought USD$1,000 worth of SSR Mining shares at the start of February 2020, those shares would have been worth USD$615.94 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,067.07.

SSR Mining share price

Use our graph to track the performance of SSRM stocks over time.

SSR Mining shares at a glance

Information last updated 2020-11-25.
Latest market close USD$19.23
52-week range USD$9 - USD$25.32
50-day moving average USD$18.9486
200-day moving average USD$20.1376
Wall St. target price USD$11.75
PE ratio 36.94
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.498

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy SSR Mining stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

SSR Mining price performance over time

Historical closes compared with the close of $19.23 from 2020-11-16

1 week (2020-11-15) N/A
1 month (2020-10-26) 2.45%
3 months (2020-08-22) N/A
6 months (2020-05-22) N/A
1 year (2019-11-22) N/A
2 years (2018-11-22) N/A
3 years (2017-11-22) N/A
5 years (2015-11-22) N/A

Is SSR Mining under- or over-valued?

Valuing SSR Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SSR Mining's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SSR Mining's P/E ratio

SSR Mining's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, SSR Mining shares trade at around 37x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

SSR Mining's EBITDA

SSR Mining's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$241.6 million.

The EBITDA is a measure of a SSR Mining's overall financial performance and is widely used to measure a its profitability.

SSR Mining financials

Revenue TTM USD$660 million
Operating margin TTM 20.58%
Gross profit TTM USD$277 million
Return on assets TTM 2.51%
Return on equity TTM 2.54%
Profit margin 9.69%
Book value $15.192
Market capitalisation USD$3.8 billion

TTM: trailing 12 months

Shorting SSR Mining shares

There are currently 5.5 million SSR Mining shares held short by investors – that's known as SSR Mining's "short interest". This figure is 8.1% up from 5.1 million last month.

There are a few different ways that this level of interest in shorting SSR Mining shares can be evaluated.

SSR Mining's "short interest ratio" (SIR)

SSR Mining's "short interest ratio" (SIR) is the quantity of SSR Mining shares currently shorted divided by the average quantity of SSR Mining shares traded daily (recently around 1.7 million). SSR Mining's SIR currently stands at 3.25. In other words for every 100,000 SSR Mining shares traded daily on the market, roughly 3250 shares are currently held short.

However SSR Mining's short interest can also be evaluated against the total number of SSR Mining shares, or, against the total number of tradable SSR Mining shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case SSR Mining's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 SSR Mining shares in existence, roughly 20 shares are currently held short) or 0.0243% of the tradable shares (for every 100,000 tradable SSR Mining shares, roughly 24 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against SSR Mining.

Find out more about how you can short SSR Mining stock.

SSR Mining share dividends

We're not expecting SSR Mining to pay a dividend over the next 12 months.

SSR Mining share price volatility

Over the last 12 months, SSR Mining's shares have ranged in value from as little as $9 up to $25.32. A popular way to gauge a stock's volatility is its "beta".

SSRM.US volatility(beta: 1.46)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while SSR Mining's is 1.4603. This would suggest that SSR Mining's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

SSR Mining overview

SSR Mining Inc., a resource company, engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold and silver deposits. Its projects include the Marigold mine located in southeastern Humboldt County, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was founded in 1946 and is headquartered in Vancouver, Canada.

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