Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy SSR Mining stock in Canada | $17.67

Own SSR Mining shares in just a few minutes.

SSR Mining Inc
NASDAQ: SSRM - USD
GOLD
$16.43
+$0.24 (+1.48%)

SSR Mining (SSRM) is a leading gold business based in the US. It opened the day at $17.45 after a previous close of $17.49. During the day the price has varied from a low of $17.44 to a high of $17.77. The latest price was $17.6725 (25 minute delay). SSR Mining is listed on the NASDAQ. All prices are listed in US Dollars.

How to buy SSR Mining stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SSRM in this case.
  5. Research SSR Mining stocks. The platform should provide the latest information available.
  6. Buy your SSR Mining stocks. It's that simple.

How has Coronavirus impacted SSR Mining's stock price?

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

Its last market close was $17.45, which is 7.03% down on its pre-crash value of $18.77 and 93.89% up on the lowest point reached during the March crash when the stocks fell as low as $9.

If you had bought $1,000 worth of SSR Mining stocks at the start of February 2020, those stocks would have been worth $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 $968.30.

SSR Mining stock price

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

SSR Mining stocks at a glance

Information last updated 2021-06-16.
Open$17.45
High$17.77
Low$17.44
Close$17.6725
Previous close$17.49
Change $0.1825
Change % 1.0435%
Volume 258,675
Information last updated 2021-07-30.
52-week range$13.6392 - $25.1553
50-day moving average $16.1174
200-day moving average $16.3396
Wall St. target price$11.75
PE ratio 17.7133
Dividend yield $0.05 (0.31%)
Earnings per share (TTM) $0.914

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available Asset Types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
OFFER
Wealthsimple Trade
Stocks, ETFs
$0
N/A
$0
Free
Get a $50 bonus when you open a Wealthsimple Trade account and deposit and trade at least $100.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
Scotia iTRADE
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
$4.99-$9.99
$9.99 + $1.25 contract ($4.99 + $1.25 contract if completed 150 trades or more a quarter)
$0
$9.99 ($4.99 if completed 150 trades or more a quarter)
Pay no annual account fees.
Buy, sell and trade ETFs, Equities, Options and more with competitive commissions.
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95 - $6.95
$4.95 - $6.95 (+$1.25 per contract)
$0 if conditions met, otherwise $100/year
$6.95
$4.95 - $6.95 is applicable for online stock, ETF and option trades only. Pay $4.95 when you qualify as an Active Trader (trade 150+ times per quarter).
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0
Min. $1.00, Max. 0.5% of trade value
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95-$9.95
$9.95 + $1 per contract
$0
Free
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio and take some of the guesswork out.
OFFER
Qtrade Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$6.95 - $8.75 + $1.25 per contract
$0 if conditions met, otherwise $25/quarter
$0 - $8.75
Get up to 50 free trades. Be one of the first 100 new Qtrade clients to use the promo code 50FREETRADES and deposit a minimum of $10,000 (or top up to $15,000 to get $150 transfer fees waived). Valid until September 30, 2021.
Qtrade Direct Investing offers low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options. Trade 100 ETFs free of charge and thousands more for $8.75 or lower.
loading

Compare up to 4 providers

Online stock trading

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.

SSR Mining price performance over time

Historical closes compared with the last close of $17.6725

1 month (2021-07-02) 10.66%
3 months (2021-05-04) 9.84%

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 18x. In other words, SSR Mining stocks trade at around 18x recent earnings.

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

SSR Mining's EBITDA

SSR Mining's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$493.2 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$1.1 billion
Operating margin TTM 31.93%
Gross profit TTM USD$408.3 million
Return on assets TTM 6.12%
Return on equity TTM 6.91%
Profit margin 15.4%
Book value $15.826
Market capitalisation USD$3.6 billion

TTM: trailing 12 months

How to short and sell SSR Mining stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "SSRM.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 7.0 million SSR Mining stocks held short by investors – that's known as SSR Mining's "short interest". This figure is 7.3% up from 6.5 million last month.

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

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

SSR Mining's "short interest ratio" (SIR) is the quantity of SSR Mining stocks currently shorted divided by the average quantity of SSR Mining stocks traded daily (recently around 1.6 million). SSR Mining's SIR currently stands at 4.45. In other words for every 100,000 SSR Mining stocks traded daily on the market, roughly 4450 stocks are currently held short.

However SSR Mining's short interest can also be evaluated against the total number of SSR Mining stocks, or, against the total number of tradable SSR Mining stocks (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 0.03% of the outstanding stocks (for every 100,000 SSR Mining stocks in existence, roughly 30 stocks are currently held short) or 0.0318% of the tradable stocks (for every 100,000 tradable SSR Mining stocks, roughly 32 stocks are currently held short).

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

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

SSR Mining stock dividends

7%

Dividend payout ratio: 6.77% of net profits

Recently SSR Mining has paid out, on average, around 6.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.25% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SSR Mining shareholders could enjoy a 1.25% return on their shares, in the form of dividend payments. In SSR Mining's case, that would currently equate to about $0.05 per share.

While SSR Mining's payout ratio might seem low, this can signify that SSR Mining is investing more in its future growth.

SSR Mining's most recent dividend payout was on 13 June 2021. The latest dividend was paid out to all shareholders who bought their stocks by 13 May 2021 (the "ex-dividend date").

SSR Mining stock price volatility

Over the last 12 months, SSR Mining's stocks have ranged in value from as little as $13.6392 up to $25.1553. A popular way to gauge a stock's volatility is its "beta".

SSRM.US volatility(beta: 1.06)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while SSR Mining's is 1.0638. This would suggest that SSR Mining's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

SSR Mining overview

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. The company explores for gold, silver, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt and Lander Counties, 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 incorporated in 1946 and is based in Vancouver, Canada.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Ask an Expert

You must be logged in to post a comment.

Go to site