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SSR Mining (SSR Mining) Momentum Rank : 3 (As of Apr. 27, 2024)


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What is SSR Mining Momentum Rank?

SSR Mining has the Momentum Rank of 3.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of SSR Mining's Momentum Rank

For the Gold subindustry, SSR Mining's Momentum Rank, along with its competitors' market caps and Momentum Rank 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 Momentum Rank Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SSR Mining's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SSR Mining's Momentum Rank falls into.


SSR Mining Momentum Rank Related Terms

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

SSR Mining (SSR Mining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SSR Mining Inc (NAS:SSRM) » Definitions » Momentum Rank
Comparable Companies
TSX:CXB TSX:NG TSX:OSK TSX:KNT TSXV:NFG TSX:WDO TSX:KRR TSX:FVI TSX:NGD TSXV:SGD SHSE:601899 NEM TSX:AEM TSX:ABX TSX:FNV TSX:WPM SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
ZSV1:Germany ZSV:Germany ZSV:Germany SSRM:Canada SSR:Australia
Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
Website
https://www.ssrmining.com
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.
Executives
Arthur Michael Anglin director 20 EL CAMINO REAL, BERKELEY CA 94705
Alison Lynn White officer: Chief Financial Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
John Ebbett other: EVP, Growth and Innovation 6900 E. LAYTON AVE. SUITE 1300, DENVER CO 80237
Farid Fady Adel Edward officer: Chief Corp Development Officer 100 KING STREET WEST, STE 5600, TORONTO A6 M5X 1C9
Russell Farnsworth officer: Chief Accounting Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Michael John Sparks officer: Chief Legal & Admin Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Karen A Swager director C/O THE MOSAIC COMPANY, 101 EAST KENNEDY BLVD., SUITE 1200, TAMPA FL 33602
Rodney Antal director, officer: President & CEO 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
William K. Macnevin other: EVP, Ops & Sustainability 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Steward John Beckman officer: Chief Operating Officer 6900 E LAYTON AVE, SUITE 1300, DENVER CO 80237
Leigh Ann Fisher director 3930 JACKSON BEND DRIVE, LOUISVILLE TN 37777
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
Edward C Dowling director 19 NEDS POINT ROAD, MATTAPOISETT MA 02739
Brian R Booth director 4957 EDENDALE COURT, WEST VANCOUVER A1 V7W 3H7