Recent News
On June 18, 2026 SSR Mining published its 2025 sustainability report outlining environmental and social initiatives. On August 4–11, 2026 the company disclosed strategic portfolio activity including a material divestment of an 80% interest in the Çöpler asset and related transaction commentary by management. The Board declared a quarterly cash dividend payable in September, announced in early August 2026.
Technical Analysis
ADX and Directional Indicators: ADX at 32.85 signals a strong directional move. Both directional indicators point toward downside bias: DI+ shows a peak-and-reversal (bearish) while DI– shows a dip-and-reversal (bearish), implying the current trend strength favors sellers despite overall trend amplitude.
MACD: MACD sits at 2.41 with a peak-and-reversal profile, which signals waning momentum and a bearish momentum shift. The MACD currently sits above its signal line (1.97), which represents a recent bullish cross that conflicts with the peak-and-reversal momentum—this divergence supports near-term churn around the current price band.
MRO: MRO reads 35.25 and remains positive, indicating the market price stands above the oscillator’s target and therefore faces probable downward pressure; the increasing MRO trend amplifies the magnitude of that potential pressure.
RSI: RSI at 56.79 and rising indicates active buying but not overbought conditions; momentum supports continuation of recent gains while leaving room for reversion if sellers accelerate.
Price Versus Averages & Bands: The share trades above its 12-day EMA (12-day EMA 36.33, price 37.61) and above the 20-, 50- and 200-day averages (20-day 35.77, 50-day 30.28, 200-day 27.80), showing upward price bias versus moving averages. Price sits below the 1× upper Bollinger band (upper 1× = 39.05), placing the stock near the top of its recent short-term range and suggesting limited immediate upside before mean reversion.
Fundamental Analysis
Profitability: EBIT equals $185,725,000 and EBIT margin stands at 41.85%. That margin exceeds the industry peer mean (38.14%) but remains below the industry peer median (49.59%). Quarter-over-quarter margin contracted by 21.77% while year-over-year margin expanded by 61.75%, showing volatile but overall stronger margin performance versus the prior year.
Revenue & Earnings Growth: Reported total revenue reached $443,798,000. Reported revenue growth measures show a decline of 23.72% on the primary growth metric and a year-over-year decline of 184.53% on the YoY figure provided. Earnings per share came in at $0.66 versus an estimate of $0.68, an EPS surprise of −2.94% (difference −$0.02). Earnings growth metrics show contraction: earnings growth at −42.61% with year-over-year earnings change of −195.05% on the supplied measure.
Cash Flow & Liquidity: Cash and short-term investments total $1,833,964,000 and operating cash flow equals $100,303,000. Free cash flow registered $67,768,000 with a free cash flow yield of 1.16%, slightly below the industry peer mean free cash flow yield of 1.40%. Cash conversion cycle days measure 209.58 days, markedly longer than the industry peer mean (67.76 days), although the company trimmed the cycle versus the prior year.
Balance Sheet & Leverage: Current ratio 9.79 and quick ratio 7.77 indicate substantial near-term liquidity relative to operational liabilities; the cash ratio sits at 7.27. Total debt stands at $2,300,000 and debt-to-assets at 0.05%, well below the industry peer mean (10.97%). Interest coverage runs extremely high at 472.58, reflecting minimal interest burden and ample operating coverage.
Valuation: Reported PE sits at 42.75 with forward PE of 24.95. WMDST values the stock as fair-valued. The mean analyst price target in the supplied data sits at $42.34, approximately 12.6% above the last close ($37.61), while the range spans $19.79–$72.68, indicating divergent external viewpoints but a central target modestly above current market price.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-06-30 |
| REPORT DATE: | 2026-08-04 |
| NEXT REPORT DATE: | 2026-11-03 |
| CASH FLOW | Begin Period Cash Flow | $ 634.1 M |
| Operating Cash Flow | $ 100.3 M | |
| Capital Expenditures | $ -32.53 M | |
| Change In Working Capital | $ -66.96 M | |
| Dividends Paid | — | |
| Cash Flow Delta | $ 1.1 B | |
| End Period Cash Flow | $ 1.8 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 443.8 M | |
| Forward Revenue | $ 273.9 M | |
| COSTS | ||
| Cost Of Revenue | $ 204.7 M | |
| Depreciation | — | |
| Depreciation and Amortization | — | |
| Research and Development | — | |
| Total Operating Expenses | $ 250.0 M | |
| PROFITABILITY | ||
| Gross Profit | $ 239.1 M | |
| EBITDA | $ 216.7 M | |
| EBIT | $ 185.7 M | |
| Operating Income | $ 193.8 M | |
| Interest Income | $ 4.8 M | |
| Interest Expense | $ 393.0 K | |
| Net Interest Income | $ 4.4 M | |
| Income Before Tax | $ 185.3 M | |
| Tax Provision | $ 48.3 M | |
| Tax Rate | 26.071 % | |
| Net Income | $ 97.3 M | |
| Net Income From Continuing Operations | $ 137.5 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.68 | |
| EPS Actual | $ 0.66 | |
| EPS Difference | $ -0.02 | |
| EPS Surprise | -2.941 % | |
| Forward EPS | $ 1.16 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 4.3 B | |
| Intangible Assets | — | |
| Net Tangible Assets | $ 3.4 B | |
| Total Current Assets | $ 2.5 B | |
| Cash and Short-Term Investments | $ 1.8 B | |
| Cash | $ 1.8 B | |
| Net Receivables | $ 46.3 M | |
| Inventory | $ 510.5 M | |
| Long-Term Investments | $ 723.7 M | |
| LIABILITIES | ||
| Accounts Payable | $ 32.8 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | $ 252.2 M | |
| Net Debt | — | |
| Total Debt | $ 2.3 M | |
| Total Liabilities | $ 887.7 M | |
| EQUITY | ||
| Total Equity | $ 3.4 B | |
| Retained Earnings | $ 315.1 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 16.43 | |
| Shares Outstanding | 206.395 M | |
| Revenue Per-Share | $ 2.15 | |
| VALUATION | Market Capitalization | $ 5.8 B |
| Enterprise Value | $ 4.0 B | |
| Enterprise Multiple | 18.422 | |
| Enterprise Multiple QoQ | 12.262 % | |
| Enterprise Multiple YoY | -14.564 % | |
| Enterprise Multiple IPRWA | high: 34.95 median: 28.546 mean: 26.962 SSRM: 18.422 low: 18.209 |
|
| EV/R | 8.995 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.262 | |
| Asset To Liability | 4.821 | |
| Debt To Capital | 0.001 | |
| Debt To Assets | 0.001 | |
| Debt To Assets QoQ | -95.308 % | |
| Debt To Assets YoY | -99.122 % | |
| Debt To Assets IPRWA | high: 0.367 mean: 0.11 median: 0.097 low: 0.001 SSRM: 0.001 |
|
| Debt To Equity | 0.001 | |
| Debt To Equity QoQ | -96.391 % | |
| Debt To Equity YoY | -99.378 % | |
| Debt To Equity IPRWA | high: 1.543 mean: 0.211 median: 0.159 low: 0.001 SSRM: 0.001 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.717 | |
| Price To Book QoQ | 0.425 % | |
| Price To Book YoY | 92.391 % | |
| Price To Book IPRWA | high: 8.682 mean: 4.314 median: 3.25 SSRM: 1.717 low: 0.928 |
|
| Price To Earnings (P/E) | 42.752 | |
| Price To Earnings QoQ | 71.457 % | |
| Price To Earnings YoY | 49.61 % | |
| Price To Earnings IPRWA | high: 139.141 mean: 45.615 median: 43.282 SSRM: 42.752 low: -26.37 |
|
| PE/G Ratio | -1.003 | |
| Price To Sales (P/S) | 13.123 | |
| Price To Sales QoQ | 22.968 % | |
| Price To Sales YoY | 82.871 % | |
| Price To Sales IPRWA | high: 24.273 median: 17.532 mean: 16.955 SSRM: 13.123 low: 1.513 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 24.949 | |
| Forward PE/G | -0.586 | |
| Forward P/S | 21.012 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.7 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.087 | |
| Asset Turnover Ratio QoQ | -10.182 % | |
| Asset Turnover Ratio YoY | 22.46 % | |
| Asset Turnover Ratio IPRWA | high: 0.461 median: 0.169 mean: 0.151 SSRM: 0.087 low: 0.008 |
|
| Receivables Turnover | 6.358 | |
| Receivables Turnover Ratio QoQ | 2.379 % | |
| Receivables Turnover Ratio YoY | 13.38 % | |
| Receivables Turnover Ratio IPRWA | high: 17.276 median: 6.712 SSRM: 6.358 mean: 6.202 low: 1.183 |
|
| Inventory Turnover | 0.396 | |
| Inventory Turnover Ratio QoQ | -8.621 % | |
| Inventory Turnover Ratio YoY | 16.55 % | |
| Inventory Turnover Ratio IPRWA | high: 1.94 mean: 1.025 median: 0.977 low: 0.704 SSRM: 0.396 |
|
| Days Sales Outstanding (DSO) | 14.351 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 209.579 | |
| Cash Conversion Cycle Days QoQ | -2.495 % | |
| Cash Conversion Cycle Days YoY | -29.751 % | |
| Cash Conversion Cycle Days IPRWA | SSRM: 209.579 high: 116.711 median: 80.674 mean: 67.755 low: -2255.903 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.2 | |
| CapEx To Revenue | -0.073 | |
| CapEx To Depreciation | — | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 3.4 B | |
| Net Invested Capital | $ 3.4 B | |
| Invested Capital | $ 3.4 B | |
| Net Tangible Assets | $ 3.4 B | |
| Net Working Capital | $ 2.2 B | |
| LIQUIDITY | ||
| Cash Ratio | 7.271 | |
| Current Ratio | 9.79 | |
| Current Ratio QoQ | 83.757 % | |
| Current Ratio YoY | 310.248 % | |
| Current Ratio IPRWA | high: 39.649 SSRM: 9.79 mean: 2.655 median: 2.581 low: 1.429 |
|
| Quick Ratio | 7.766 | |
| Quick Ratio QoQ | 69.997 % | |
| Quick Ratio YoY | 545.293 % | |
| Quick Ratio IPRWA | SSRM: 7.766 high: 2.437 median: 2.011 mean: 1.813 low: 0.61 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 0.011 | |
| Cost Of Debt | 0.822 % | |
| Interest Coverage Ratio | 472.583 | |
| Interest Coverage Ratio QoQ | 92.841 % | |
| Interest Coverage Ratio YoY | 1804.315 % | |
| Interest Coverage Ratio IPRWA | SSRM: 472.583 high: 141.714 mean: 58.874 median: 44.684 low: -37.039 |
|
| Operating Cash Flow Ratio | 0.398 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 14.058 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | — | |
| Dividend Payout Ratio | — | |
| Dividend Rate | — | |
| Dividend Yield | — | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -28.04 % | |
| Revenue Growth | -23.717 % | |
| Revenue Growth QoQ | -306.056 % | |
| Revenue Growth YoY | -184.528 % | |
| Revenue Growth IPRWA | high: 26.793 % mean: -2.457 % median: -4.079 % low: -16.814 % SSRM: -23.717 % |
|
| Earnings Growth | -42.609 % | |
| Earnings Growth QoQ | -238.873 % | |
| Earnings Growth YoY | -195.05 % | |
| Earnings Growth IPRWA | high: 174.242 % mean: 34.566 % median: -21.429 % SSRM: -42.609 % low: -66.667 % |
|
| MARGINS | ||
| Gross Margin | 53.87 % | |
| Gross Margin QoQ | -12.083 % | |
| Gross Margin YoY | 0.994 % | |
| Gross Margin IPRWA | high: 69.311 % median: 54.865 % SSRM: 53.87 % mean: 43.583 % low: 15.836 % |
|
| EBIT Margin | 41.849 % | |
| EBIT Margin QoQ | -21.773 % | |
| EBIT Margin YoY | 61.754 % | |
| EBIT Margin IPRWA | high: 69.517 % median: 49.591 % SSRM: 41.849 % mean: 38.137 % low: 8.77 % |
|
| Return On Sales (ROS) | 43.659 % | |
| Return On Sales QoQ | -16.811 % | |
| Return On Sales YoY | 138.704 % | |
| Return On Sales IPRWA | high: 60.141 % median: 50.999 % SSRM: 43.659 % mean: 37.681 % low: 9.376 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 67.8 M | |
| Free Cash Flow Yield | 1.164 % | |
| Free Cash Flow Yield QoQ | -58.855 % | |
| Free Cash Flow Yield YoY | -65.582 % | |
| Free Cash Flow Yield IPRWA | high: 3.448 % median: 2.056 % mean: 1.399 % SSRM: 1.164 % low: -4.435 % |
|
| Free Cash Growth | -61.422 % | |
| Free Cash Growth QoQ | -194.278 % | |
| Free Cash Growth YoY | -140.85 % | |
| Free Cash Growth IPRWA | high: 75.394 % mean: -14.366 % median: -20.991 % SSRM: -61.422 % low: -89.135 % |
|
| Free Cash To Net Income | 0.697 | |
| Cash Flow Margin | 34.47 % | |
| Cash Flow To Earnings | 1.031 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.903 % | |
| Return On Assets QoQ | -207.636 % | |
| Return On Assets YoY | 20.825 % | |
| Return On Assets IPRWA | high: 6.411 % median: 3.819 % mean: 3.422 % SSRM: 1.903 % low: -15.56 % |
|
| Return On Capital Employed (ROCE) | 4.612 % | |
| Return On Equity (ROE) | 0.029 | |
| Return On Equity QoQ | -197.817 % | |
| Return On Equity YoY | 3.8 % | |
| Return On Equity IPRWA | high: 0.117 median: 0.062 mean: 0.058 SSRM: 0.029 low: -0.172 |
|
| DuPont ROE | 2.771 % | |
| Return On Invested Capital (ROIC) | 4.048 % | |
| Return On Invested Capital QoQ | -40.427 % | |
| Return On Invested Capital YoY | 70.514 % | |
| Return On Invested Capital IPRWA | high: 11.567 % mean: 5.517 % median: 5.116 % SSRM: 4.048 % low: -2.084 % |
|