Silver Standard Resources Inc. SSRM
- Market cap
- $7.3B
- P/E
- 30.8×
Follow SSRM
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.66 | 7.80 | 7.64 | 10.59 | 9.00 | 13.68 | 12.84 | 10.34 | 3.76 | 7.00 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 15.84 | 12.25 | 12.41 | 19.42 | 25.32 | 21.80 | 24.58 | 17.74 | 10.81 | 25.98 |
High Price
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| 1,381 | 1,133 | 1,630 | 1,926 | 2,345 | 2,429 | 2,500 | 2,500 | 2,300 | 2,900 |
Employees
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| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 1 |
Revenue/Emp
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| 491 | 449 | 421 | 607 | 853 | 1,474 | 1,148 | 1,427 | 996 | 1,630 |
Revenue
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| 31.37% | 25.24% | 41.73% | 45.65% | 47.89% | 54.46% | 47.04% | 43.64% | 48.37% | 59.91% |
Gross Margin
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| 81 | 75 | 8 | 86 | 202 | 415 | 241 | (202) | (319) | 443 |
EBT
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| 16.49% | 16.62% | 1.92% | 14.19% | 23.65% | 28.13% | 20.98% | (14.18%) | (32.01%) | 27.19% |
EBT Margin
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| 65 | 71 | 0 | 56 | 157 | 426 | 210 | (120) | (353) | 362 |
Net Income
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| 76 | 102 | 100 | 108 | 110 | 229 | 182 | 214 | 130 | 116 |
Depreciation
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| 4.75 | 3.75 | 3.50 | 4.98 | 5.64 | 6.83 | 5.47 | 6.97 | 4.92 | 8.04 |
Revenue/Sh
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| 0.63 | 0.58 | 0.05 | 0.47 | 0.88 | 1.70 | 0.92 | (0.48) | (1.29) | 1.95 |
Earnings/Sh
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| 1.65 | 1.21 | 0.50 | 1.20 | 2.03 | 2.82 | 0.77 | 2.06 | 0.20 | 2.33 |
Cash Flow/Sh
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| (0.41) | (0.24) | (1.32) | (1.11) | 1.14 | (0.60) | (0.49) | (1.09) | (0.69) | (1.14) |
Capex/Sh
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| 1.24 | 0.97 | (0.82) | 0.08 | 3.18 | 2.22 | 0.28 | 0.97 | (0.49) | 1.19 |
Free CF/Sh
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| 8.73 | 8.56 | 8.37 | 9.31 | 25.45 | 18.76 | 19.66 | 21.03 | 19.51 | 21.28 |
Book Value/Sh
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| 103 | 120 | 120 | 122 | 151 | 216 | 210 | 205 | 202 | 203 |
Shares
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| 16.36 | 15.15 | 241.80 | 40.98 | 19.26 | 9.81 | 17.43 | 0.00 | 0.00 | 11.30 |
PE Ratio
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| 2.00 | 2.38 | 3.49 | 3.86 | 3.56 | 2.59 | 2.96 | 1.53 | 1.41 | 2.73 |
PS Ratio
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| 1.09 | 1.04 | 1.44 | 2.07 | 0.79 | 0.94 | 0.82 | 0.51 | 0.36 | 1.03 |
PB Ratio
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| 1.48 | 1.63 | 3.01 | 3.39 | 3.04 | 2.20 | 2.68 | 1.39 | 1.34 | 2.56 |
EV/Sales
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| 5.65 | 6.31 | 560.16 | 204.37 | 5.40 | 7.25 | 52.59 | 10.03 | (13.49) | 17.25 |
EV/FCF
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| 171 | 145 | 60 | 146 | 307 | 609 | 161 | 422 | 40 | 472 |
Op' Cash Flow
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| (42) | (29) | (158) | (136) | 173 | (130) | (102) | (223) | (139) | (230) |
Capex
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| 128 | 116 | (98) | 10 | 480 | 479 | 58 | 198 | (99) | 242 |
FCF
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| 560 | 728 | 650 | 665 | 1,174 | 1,316 | 1,097 | 1,026 | 810 | 669 |
Working Cap'
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| 220 | 233 | 248 | 284 | 438 | 473 | 401 | 321 | 339 | 368 |
Total Debt
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| (256) | (341) | (201) | (286) | (450) | (585) | (329) | (192) | (79) | (207) |
Net Debt
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| 902 | 1,024 | 1,006 | 1,134 | 3,847 | 4,053 | 4,126 | 4,304 | 3,947 | 4,314 |
Sh' Equity
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| 5.62% | 4.66% | 0.42% | 3.50% | 4.37% | 7.09% | 3.71% | (1.84%) | (4.94%) | 7.02% |
ROA
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| 10.90% | 9.27% | 2.32% | 9.02% | 3.46% | 8.01% | 3.13% | (1.98%) | (5.21%) | 7.02% |
ROIC
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| 9.63% | 7.20% | 0.63% | 5.36% | 6.08% | 9.32% | 4.75% | (2.33%) | (6.33%) | 9.58% |
ROE
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Silver Standard Resources Inc. peers in Gold
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BTG B2Gold Corp | $7.0B | 9.0× | Compare |
| AUGO Aura Minerals Inc. | $7.0B | 23.3× | Compare |
| OR OR Royalties Inc. | $6.7B | 23.7× | Compare |
| HMY Harmony Gold Mining Company Limited | $11.8B | 58.2× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| EQX Equinox Gold Corp. | $13.7B | 11.5× | Compare |
| ARIS Aris Mining Corporation | $3.9B | 13.6× | Compare |
| FSM Fortuna Mining Corp. | $3.4B | 9.5× | Compare |
| NG Novagold Resources Inc. | $3.2B | 0.0× | Compare |
Silver Standard Resources Inc. (SSRM) key facts
- Silver Standard Resources Inc. (SSRM) is a Gold company in the Basic Materials sector, listed on Nasdaq.
- Silver Standard Resources Inc.’s revenue for fiscal 2025 (year ended December 2025) was CAD 1.6 billion, up 63.7% from fiscal 2024.
- As of September 25, 2026, SSRM traded at $35.68, a market capitalization of $7.3 billion.
- Silver Standard Resources Inc. pays an annual dividend of $0.28 per share, a yield of 2.93%, with a payout ratio of 34.6%.
- Return on equity was 9.58% and debt-to-equity 0.00.
Silver Standard Resources Inc. (SSRM) Latest News
23 Sep
SSR Mining Inc. has exercised its right to acquire a 15% stake in Phenom Resources Corp.'s Dobbin Project, contributing US$4 million and forming a Nevada LLC with Copper One USA, Inc. as a joint venture. Copper One will hold 85% and SSR 15% of the JV, which will own the Dobbin Project claims and fund its development with the Initial Contribution. Additional capital would be contributed pro rata to maintain interests; if a party's stake falls below 10%, it exits the JV and may receive up to a 2% NSR on production. Copper One will be the initial manager and operational controller, with SSR's involvement supplementing technical input. The combined funding from SSR's investment and the Initial Contribution totals roughly US$11 million to advance exploration through the 2026 drilling season and into 2027. Phenom highlights Dobbin as a Carlin-type target with other Nevada assets. Expands SSRM's exposure with a sizable minority stake and upfront funding, strengthening potential upside in Dobbin while maintaining Copper One's control and dilution risk.
SSRM produced 211,873 GEOs in H1 2026, down 5% YoY, but remains on track for full-year guidance of 450,000-535,000 GEOs, aided by stronger second-half results from its America operations. The midpoint implies about a 10% YoY uplift. Marigold is guided to 170,000-200,000 ounces in 2026, up ~20% at the midpoint, with roughly 65% in Q4. CC&V is expected to yield 125,000-150,000 ounces for 2026, with 50-55% in Q4; 2025 output was 124,557 ounces. Seabee in Canada could produce 60,000-70,000 GEOs in 2026, weighted to Q4, about 18% YoY growth at midpoint. Puna in Argentina is guided to 95,000-115 GEOs, split between Q3 and Q4; 2025 produced 112,368 GEOs. Pacing by peers Wheaton and AngloGold is solid; SSRM trades at a forward 12-month P/E of ~9.8x, below peers, with 2026 consensus earnings ~3.87. Guidance indicates a modest-to-moderate uplift in output and earnings with heavier Q4 weighting.
An SSR Mining affiliate buys a 15% stake in Phenom Resources' Dobbin Project for $4 million, expanding SSRM exposure to the project and signaling ongoing collaboration between SSRM and Phenom. Terms beyond the price are not disclosed, and the arrangement involves a minority stake that could influence future funding or development steps without altering core operations or ownership structures of either company. Minority stake signals strategic collaboration with potential sentiment uplift, but lacks scale to fundamentally alter SSRM's trajectory.
17 Sep
SSR Mining acquired a Colorado mine in 2025, prompting analysis on whether the deal delivers operational or financial gains. The 2025 Colorado mine acquisition marks a major strategic expansion that can materially shift production output and investor views.
SSR Mining stock rose sharply after reporting stronger quarterly production figures and higher realized metal prices, lifting revenues and margins at its key gold and silver operations. Management highlighted cost controls and ongoing expansion projects expected to sustain output growth. The gains reflect improved operational performance amid favorable commodity markets. Quarterly production beat and margin expansion can lift near-term sentiment without shifting the company's long-term trajectory.
16 Sep
AU greenfield exploration may support sustained long-term production growth at Silver Standard Resources Inc. (SSRM). Exploration results could moderately influence future output levels and valuation.
Gold prices near record highs while Silver Standard Resources Inc. encounters delays acquiring surface rights needed to advance its mining projects. Elevated gold prices support revenue upside for SSRM but surface acquisition hurdles may slow project timelines and limit near-term production growth.
14 Sep
Silver Standard Resources Inc. invested $5.4 million in Phenom ahead of the junior's first drill hole to gain exposure to early-stage gold exploration targets. Strategic investment in Phenom adds exploration upside but remains a limited capital commitment unlikely to shift SSRM's core production trajectory.
8 Sep
SSRM stock surged 45% in August on positive company developments that boosted investor sentiment and share price performance. A 45% single-month stock gain signals major events capable of reshaping SSRM trajectory and market positioning.
Silver Standard Resources advances Marigold growth initiatives that may support upside potential. Marigold growth initiatives represent key operational developments for Silver Standard Resources.
26 Aug
Fortuna Mining holds built-in growth yet trades at valuations implying a pending buyout. Valuation signals tied to buyout speculation can shift near-term investor sentiment and share price without altering core operations.
11 Aug
SSR Mining held its Q2 2026 earnings call. Earnings call transcript delivers operational and financial updates that can shift near-term market views on SSR Mining.
10 Aug
Hecla Mining (HL) trades at a premium valuation compared to peers including Silver Standard Resources (SSRM), potentially signaling overvaluation in the silver mining sector and limiting SSRM's relative attractiveness to investors. HL premium valuation creates moderate competitive pressure on SSRM share pricing and investor interest without altering core operations.
6 Aug
SSR Mining restores dividend and guidance. Restored dividend and guidance signal improved financial position likely shifting company trajectory and investor views.
5 Aug
SSRM stock rose on positive developments affecting company performance and investor sentiment. Stock price increase signals moderately noticeable short-term influence on market performance without altering long-term trajectory.
SSR Mining Inc. held its Q2 2026 earnings call covering quarterly financial results, operational updates and forward guidance for the company formerly known as Silver Standard Resources Inc. (SSRM). Quarterly earnings figures and guidance typically influence near-term stock movement and sentiment without altering long-term fundamentals.
4 Aug
Silver Standard Resources Inc. reported Q2 financial results and operational updates during its earnings call. Q2 earnings call delivers key performance metrics and outlook that drive stock movement.
SSR Mining reports second quarter 2026 results. Quarterly results provide updates on financial performance that can shift near-term investor sentiment.
23 Jul
SSRM stock analysis concludes it qualifies mostly as a bargain based on valuation metrics. Positive bargain assessment may lift near-term investor sentiment toward SSRM.
17 Jul
SSR Mining converts its Hod Maden stake into a royalty. Converting Hod Maden equity stake into royalty shifts SSR Mining asset exposure and future cash flow profile.
SSR Mining completed the sale of its 20% equity interest in Hod Maden. Equity sale monetizes non-core asset and provides cash without shifting primary operations.
28 Jun
SSR Mining finalizes $1.49B sale of its Çöpler Mine stake to Cengiz Holding. The $1.49B divestiture of a major mine stake constitutes a transformative shift in SSR Mining's asset portfolio and capital structure.
26 Jun
SSR Mining sells Copler Mine stake to optimize portfolio. Copler Mine stake sale constitutes major strategic portfolio adjustment likely to significantly alter company trajectory and investor sentiment.
SSR Mining completes Çöpler Mine sale unlocking $1.49 billion in cash. Çöpler Mine divestiture delivers $1.49 billion cash altering SSR Mining financial position and trajectory.
24 Jun
SSR Mining completes the sale of the Çöpler Mine. Sale of the Çöpler Mine removes a major production asset and alters revenue base.
23 Jun
Royal Gold restructures Hod Maden project ownership and secures a new NSR royalty on the asset involving Silver Standard Resources. Hod Maden ownership changes directly alter SSRM's project stake, revenues, and valuation.
19 Jun
Analyst projects 56% upside for Silver Standard Resources Inc. (SSRM) TSX shares driven by ongoing buyback program. Buyback announcement paired with sizable analyst upside target may lift near-term investor sentiment and share price.
17 Jun
SSRM stock surged again on positive developments boosting investor sentiment and near-term outlook for the miner. Stock surge reflects improved sentiment that may lift near-term valuation without altering long-term fundamentals.
16 Jun
SSR Mining trades at a discount to peers while generating higher free cash flow, according to RBC Capital. RBC note flags SSRM undervaluation versus peers on stronger free cash flow, which may lift near-term sentiment.
SSR Mining stock rose sharply today on positive developments affecting investor sentiment and near-term performance. Stock price movement signals moderately noticeable market reaction likely to influence near-term sentiment without fundamentally altering long-term trajectory.