SSR Mining Inc
NASDAQ:SSRM

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SSR Mining Inc
NASDAQ:SSRM
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Price: 7.41 USD -0.4% Market Closed
Market Cap: 1.5B USD
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Gross Margin
SSR Mining Inc

47.7%
Current
48%
Average
17.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.7%
=
Gross Profit
524.3m
/
Revenue
1.1B

Gross Margin Across Competitors

Country CA
Market Cap 1.5B USD
Gross Margin
48%
Country RU
Market Cap 70.4T USD
Gross Margin
62%
Country ZA
Market Cap 232.3B Zac
Gross Margin
37%
Country ZA
Market Cap 100.9B Zac
Gross Margin
28%
Country CN
Market Cap 410.9B CNY
Gross Margin
17%
Country US
Market Cap 45.9B USD
Gross Margin
48%
Country CA
Market Cap 59.1B CAD
Gross Margin
60%
Country CA
Market Cap 40.7B CAD
Gross Margin
34%
Country CA
Market Cap 38.8B CAD
Gross Margin
60%
Country CA
Market Cap 32.7B CAD
Gross Margin
66%
Country RU
Market Cap 1.8T RUB
Gross Margin
70%
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SSR Mining Inc
Glance View

Market Cap
1.5B USD
Industry
Metals & Mining

In a world where the gleam of gold and silver attracts the enduring interest of markets and investors, SSR Mining Inc. stands as a notable player in the precious metals arena. Born from the merger of Silver Standard Resources and Alacer Gold, SSR Mining combines a robust portfolio of mining assets across the Americas, Turkey, and Argentina. Its operations are grounded in both open-pit and underground mining, meticulously extracting gold, silver, copper, and other precious commodities from well-endowed earth. The company's flagship operations include the Marigold mine in Nevada, the Seabee Gold Operation in Saskatchewan, and the Puna Operations in Argentina, each contributing significantly to its annual production. Through its diverse asset base, SSR Mining offers a geographically balanced production profile, which is vital for managing geopolitical risks associated with mining activities. SSR Mining's success lies in its strategic focus on cost control, capital discipline, and efficient production. The company employs advanced engineering and technology to increase ore recovery, ensuring economical extraction while minimizing environmental impact. By capitalizing on synergies from its merged operations, SSR Mining optimizes its resource allocation, enhances shareholder returns, and demonstrates robust financial health. The company's revenue model is primarily driven by the sale of the gold and silver it mines, which is then sold at prevailing market prices. Additionally, given the inherent cyclicity and volatility of commodity prices, SSR Mining strategically utilizes hedging to manage against market fluctuations, stabilizing its earnings in a sector often noted for its unpredictability. With a commitment to sustainable mining practices and community engagement, SSR Mining not only focuses on profitability but also on building a legacy of responsible mining.

SSRM Intrinsic Value
11.55 USD
Undervaluation 36%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
47.7%
=
Gross Profit
524.3m
/
Revenue
1.1B
What is the Gross Margin of SSR Mining Inc?

Based on SSR Mining Inc's most recent financial statements, the company has Gross Margin of 47.7%.