SSR Mining Inc. Stock
€5.14
Your prediction
SSR Mining Inc. Stock
Pros and Cons of SSR Mining Inc. in the next few years
Pros
Cons
Performance of SSR Mining Inc. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| SSR Mining Inc. | 0.550% | 7.563% | 36.707% | -62.234% | -48.267% | -62.401% | -52.119% |
| Pan American Silver Corp. | 1.320% | -1.778% | 35.923% | 11.321% | 15.995% | -37.639% | 52.809% |
| Oceanagold Corp. | 3.770% | -6.386% | 8.761% | -2.223% | 15.217% | 37.754% | -19.289% |
| Lundin Mining Corp. | 2.580% | -1.782% | 15.947% | 50.323% | 41.391% | 6.511% | 118.352% |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.At a first glance, the financial statements of SSR Mining display a healthy and relatively balanced setup. The company seems to be generating robust revenue streams with some years of promising net income figures. However, a closer look at these numbers reveals a myriad of factors that contribute to the overall financial health of this Metals and Mining industry giant.
Starting with the assets, SSR mining maintains an impressive total asset portfolio. The balance sheets for 2020, 2021, and 2022 show a progressive increase, asserting that the company is continually expanding its value. This implies that the company has the capacity to pay its obligations and that the business is managing its assets efficiently. However, the total liabilities of the company have also been increasing marginally, which highlights the need for effective management of debts to prevent these liabilities from outpacing the growth of assets.
The cash flow statements provide some optimism, illustrating considerable revenues from operating activities. Although the net income and change in cash figures are both decreasing over the years, the company has still managed to generate free cash flows, albeit to a decreasing extent. The reduction in net income and cash flow could be a potential concern, pointing to a possible lessening in profitability.
