SSR MiningSSRM +3.23%75 Net Current Asset Value is $6.25 as of Mar. 2026, which is 6% below its 10-year median of 6.62. GuruFocus rates SSRM with a GF Score™ of 75/100 and a GF Value™ of $20.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,333 Metals & Mining companies, SSR Mining ranks better than 63.99% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
SSR Mining's net current asset value per share for the quarter that ended in Mar. 2026 was $6.25.
The historical rank and industry rank for SSR Mining's Net Current Asset Value or its related term are showing as below:
SSRM'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.95 Med: 6.62 Max: 77.66
Current: 4.85
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of SSR Mining was 77.66. The lowest was 3.95. And the median was 6.62.
SSRM's Price-to-Net-Current-Asset-Value is ranked better than 63.99% of 1333
companies
in the Metals & Mining industry
Industry Median: 6.5
vs SSRM: 4.85
SSR Mining (NAS:SSRM) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
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 Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
SSR Mining Net Current Asset Value Related Terms
SSR Mining Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for SSR Mining's Net Current Asset Value 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.
SSRM vs NEM, AU: Net Current Asset Value Comparison
For the Gold subindustry, SSR Mining's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, SSR Mining's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where SSR Mining's Price-to-Net-Current-Asset-Value falls into.
* 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.
What does a Net Current Asset Value of $6.25 mean?
SSR Mining (SSRM) has a Net Current Asset Value of $6.25 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on SSR Mining and its competitors. This is near median its historical median of 6.62. Over the past decade, SSR Mining's Net Current Asset Value has ranged from 3.95 to 77.66. According to the industry distribution chart, SSR Mining ranks #480 out of 1333 companies in the Metals & Mining industry, placing it in the top 36%.
Is SSR Mining's Net Current Asset Value too high?
SSR Mining's current Net Current Asset Value of $6.25 is near median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 77.66. The Metals & Mining industry median Net Current Asset Value is 6.50. SSR Mining's value of $6.25 is 3.8% below this industry median. Based on the distribution chart, SSR Mining ranks #480 out of 1333 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, SSR Mining has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSR Mining's Net Current Asset Value compare to NEM and AU?
According to the Metals & Mining industry distribution chart, SSR Mining ranks #480 out of 1333 companies for Net Current Asset Value. This puts SSR Mining in the upper half of its industry. The industry median Net Current Asset Value is 6.50. SSR Mining's value of $6.25 is 3.8% below this benchmark. Historically, SSR Mining's own Net Current Asset Value has ranged from 3.95 to 77.66 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 6.50, SSR Mining has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Metals & Mining company?
The median Net Current Asset Value among Metals & Mining companies is 6.50, based on 1,333 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SSR Mining's current Net Current Asset Value of $6.25 is 3.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on SSR Mining and its competitors. For the Metals & Mining industry, the median Net Current Asset Value is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSR Mining's current Net Current Asset Value is $6.25, which is near median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSR Mining stock overvalued right now?
Based on GuruFocus' analysis, SSR Mining (SSRM) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.57, compared to a current price of $29.38 — trading 42.8% above its estimated fair value. The current Net Current Asset Value is $6.25, which is near median its 10-year median of 6.62 and 3.8% below the Metals & Mining industry median of 6.50. SSR Mining's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For SSR Mining (SSRM), the current Net Current Asset Value is $6.25 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SSR Mining (SSRM) Overvalued in 2026?
Based on GuruFocus' analysis, SSR Mining stock appears to be overvalued.
The current stock price of $29.38 is trading 42.8% above its estimated GF Value™ of $20.57.
GuruFocus considers SSR Mining to be Significantly Overvalued.
Key valuation signals for SSRM:
Net Current Asset Value: $6.25 (near median its 10-year median of 6.62)
GF Value™: $20.57 vs. price of $29.38 (42.8% above fair value)
Industry Position: 3.8% below the Metals & Mining median (#480 of 1333)
No single metric tells the full story. See the SSRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 key 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.
75GF Score
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