SSR MINING INC. SSRM
SSR Mining Inc. and its subsidiaries (collectively, "SSR Mining," or "Company") is a precious metals mining company with assets located in the United States, Türkiye, Canada and Argentina. The Company is primarily engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Türkiye and the Americas. The Company produces gold doré as well as copper, silver, lead and zinc concentrates.
The Company's common shares are listed on the Toronto Stock Exchange ("TSX") in Canada and the Nasdaq Global Select Market ("Nasdaq") in the U.S. under the symbol "SSRM". SSR Mining voluntarily delisted from the Australian Securities Exchange ("ASX") in Australia under the symbol "SSR", effective April 8, 2025.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.60B | $987.0M | $1.42B | $1.15B | $1.47B | $853.1M | $606.9M | — | $448.8M | $491.0M |
| Cost of revenue | — | — | — | — | $671.4M | $444.5M | $349.6M | — | — | — |
| Gross profit | — | — | — | — | $802.8M | $408.6M | $257.2M | — | — | — |
| SG&A | $107.8M | $62.9M | $67.5M | $71.7M | $56.6M | $33.6M | $31.1M | — | — | — |
| Operating income | $461.4M | -$322.3M | -$130.2M | $190.3M | $444.4M | $188.3M | $118.4M | $29.9M | $101.3M | $112.6M |
| Interest expense | $14.6M | $13.0M | $16.6M | $19.1M | $19.1M | $13.9M | $12.8M | — | — | — |
| Pre-tax income | $443.1M | -$318.7M | -$202.4M | $240.8M | $414.8M | $201.8M | $136.7M | — | — | — |
| Income tax | $80.2M | $33.3M | $82.5M | $30.1M | $14.1M | $43.2M | $35.4M | — | — | — |
| Net income | $395.8M | -$261.3M | -$98.0M | $194.1M | $368.1M | $151.5M | $102.8M | -$31.0K | $71.5M | $65.0M |
| EPS, basic | 1.95 | -1.29 | -0.48 | 0.92 | 1.70 | 1.00 | 0.84 | — | — | — |
| EPS, diluted | 1.85 | -1.29 | -0.48 | 0.89 | 1.63 | 0.96 | 0.78 | — | — | — |
| Shares, diluted (wtd. avg.) | $217.0M | $202.3M | $204.7M | $222.5M | $228.2M | $163.7M | $135.4M | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $534.8M | $387.9M | $492.4M | $689.1M | $1.05B | $895.9M | $506.0M | $421.2M | — | — |
| Short-term investments | $40.8M | $29.5M | $20.9M | $40.3M | $40.4M | $26.7M | — | — | — | — |
| Receivables | $94.0M | $84.2M | $91.3M | $62.6M | $86.1M | $38.5M | — | — | — | — |
| Inventory | $516.3M | $464.1M | $515.1M | $501.6M | $389.4M | $437.0M | — | — | — | — |
| Total current assets | $1.29B | $1.03B | $1.20B | $1.38B | $1.60B | $1.42B | — | — | — | — |
| Goodwill | — | — | $0 | $49.8M | $49.8M | $49.8M | — | — | — | — |
| Total assets | $6.09B | $5.19B | $5.39B | $5.25B | $5.21B | $5.18B | $1.69B | $1.52B | $1.54B | $1.44B |
| Accounts payable | $40.9M | $30.5M | $37.1M | $78.9M | $34.8M | $42.9M | — | — | — | — |
| Short-term debt | — | — | $920.0K | $71.8M | $71.5M | $71.0M | — | — | — | — |
| Total current liabilities | $618.4M | $218.9M | $170.6M | $279.3M | $283.9M | $249.3M | — | — | — | — |
| Long-term debt | — | $228.6M | $228.4M | $226.5M | $295.5M | $366.6M | — | — | — | — |
| Total liabilities | $1.78B | $1.24B | $1.08B | $1.13B | $1.16B | $1.33B | — | — | — | — |
| Retained earnings | $509.1M | $113.4M | $368.1M | $521.8M | $397.7M | $92.1M | — | — | — | — |
| Total equity | $3.51B | $3.11B | $4.30B | $4.13B | $4.05B | $3.85B | $1.04B | $943.5M | $1.02B | $901.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $471.9M | $40.1M | $421.7M | $160.9M | $609.0M | $307.1M | $118.1M | — | — | — |
| Depreciation and amortisation | $116.2M | $130.2M | $214.0M | $181.4M | $228.0M | $109.3M | $85.6M | — | — | — |
| Stock-based compensation | $44.6M | $4.7M | $5.2M | $6.5M | $14.8M | $15.9M | $14.4M | — | — | — |
| Capital expenditure | $230.2M | $143.5M | $223.4M | $137.5M | $164.8M | $139.0M | $110.6M | — | — | — |
| Investing cash flow | -$339.7M | -$143.1M | -$339.3M | -$236.3M | -$129.1M | $240.4M | -$114.9M | — | — | — |
| Financing cash flow | $26.2M | $6.9M | -$182.3M | -$271.8M | -$319.8M | -$158.4M | $81.5M | — | — | — |
| Dividends paid | $0 | $0 | $57.7M | $58.8M | $43.2M | $0 | $0 | — | — | — |
| Buybacks | $0 | $9.8M | $56.3M | $100.0M | $148.1M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000921638-26-000035.
Others in SIC 6795
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| RGLD | ROYAL GOLD INC | $22.21B | 39.2x | 43.2% |
| MSB | MESABI TRUST | $313.6M | — | 331.3% |
| SRL | Scully Royalty Ltd. | — | — | — |
| TFPM | Triple Flag Precious Metals Corp. | — | — | 44.5% |
| VMET | Versamet Royalties Corp | — | — | — |