GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SSR Mining Inc (TSX:SSRM) » Definitions » Net Cash per Share

SSR Mining (TSX:SSRM) Net Cash per Share : C$-9.91 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is SSR Mining Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). SSR Mining's Net Cash per Share for the quarter that ended in Dec. 2023 was C$-9.91.

The historical rank and industry rank for SSR Mining's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of SSR Mining was 27.68. The lowest was 27.68. And the median was 27.68.

TSX:SSRM's Price-to-Net-Cash is not ranked *
in the Metals & Mining industry.
Industry Median: 5.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

SSR Mining Net Cash per Share Historical Data

The historical data trend for SSR Mining's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SSR Mining Net Cash per Share Chart

SSR Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -5.57 -3.72 -6.44 -9.91

SSR Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.44 -6.94 -11.17 -11.07 -9.91

Competitive Comparison of SSR Mining's Net Cash per Share

For the Gold subindustry, SSR Mining's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SSR Mining's Price-to-Net-Cash Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SSR Mining's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where SSR Mining's Price-to-Net-Cash falls into.



SSR Mining Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

SSR Mining's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(688.693-1451.034-1249.195)/202.952
=-9.91

SSR Mining's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(688.693-1451.034-1249.195)/202.952
=-9.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SSR Mining  (TSX:SSRM) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


SSR Mining Net Cash per Share Related Terms

Thank you for viewing the detailed overview of SSR Mining's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SSR Mining (TSX:SSRM) Business Description

Traded in Other Exchanges
Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.

SSR Mining (TSX:SSRM) Headlines

From GuruFocus

SSR Mining Announces Automatic Share Purchase Plan

By Business Wire 11-27-2023

SSR Mining Appoints New Board Director

By Business Wire 01-08-2024

SSR Mining Appoints New Board Director

By Business Wire Business Wire 01-17-2023

Insider Alert: An Insider Just Sold SSR Mining Inc Shares

By GuruFocus Research GuruFocus Editor 07-13-2022

SSR MINING COMMENTS ON LOCAL TURKISH MEDIA REPORTS

By PRNewswire PRNewswire 07-07-2022

SSR MINING ANNOUNCES CONSOLIDATION OF ��PLER DISTRICT

By PRNewswire PRNewswire 10-24-2022

SSR Mining Announces Planned Board Chair Succession

By Business Wire Business Wire 06-08-2023