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
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Argentina
- Canada
- Other
| Region | FY2025 |
|---|---|
| United States | $991.0M |
| Argentina | $459.5M |
| Canada | $179.1M |
| Other | $0 |
As the company reported it, from the “OPERATING??SEGMENTS - Revenue by Geographical Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
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.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $491.0M | $448.8M | — | $606.9M | $853.1M | $1.47B | $1.15B | $1.42B | $987.0M | $1.60B |
| Gross profit | — | — | — | $257.2M | $408.6M | $802.8M | — | — | — | — |
| Net income | $65.0M | $71.5M | -$31.0K | $102.8M | $151.5M | $368.1M | $194.1M | -$98.0M | -$261.3M | $395.8M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Material agreement signed Item 1.01
- Material impairment The company has written down the carrying value of an asset - often goodwill from an acquisition that did not work out. Item 2.06
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed Item 1.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 6795
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| RGLD | ROYAL GOLD INC | $19.27B | 34.0x | 43.2% |
| MSB | MESABI TRUST | $239.3M | — | 331.3% |
| SRL | Scully Royalty Ltd. | — | — | — |
| TFPM | Triple Flag Precious Metals Corp. | — | — | 44.5% |
| VMET | Versamet Royalties Corp | — | — | — |