Saturday 17 October 2026
Export SSRM’s income statement to Excel — free account
Silver Standard Resources Inc.
SSRM Basic Materials Gold
Silver Standard Resources Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 63.7% from fiscal 2024. In the quarter to June 2026, revenue grew 9.46%, EPS grew 6.82%, free cash flow fell 46.6% and total debt fell 80.6%, each against the same quarter a year earlier.
31.85
0.10
+0.31%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 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 |
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| High | 15.84 | 12.25 | 12.41 | 19.42 | 25.32 | 21.80 | 24.58 | 17.74 | 10.81 | 25.98 | |||||
| People | |||||||||||||||
| People | Employees | 1,381 | 1,133 | 1,630 | 1,926 | 2,345 | 2,429 | 2,500 | 2,500 | 2,300 | 2,900 | ||||
| Revenue/emp, $m | 0.36 | 0.40 | 0.26 | 0.32 | 0.36 | 0.61 | 0.46 | 0.57 | 0.43 | 0.56 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 491 | 449 | 421 | 607 | 853 | 1,474 | 1,148 | 1,427 | 996 | 1,630 | ||||
| Gross margin, % | 31.37 | 25.24 | 41.73 | 45.65 | 47.89 | 54.46 | 47.04 | 43.64 | 48.37 | 59.91 | |||||
| EBT | 81 | 75 | 8 | 86 | 202 | 415 | 241 | (202) | (319) | 443 | |||||
| EBT margin, % | 16.49 | 16.62 | 1.92 | 14.19 | 23.65 | 28.13 | 20.98 | (14.18) | (32.01) | 27.19 | |||||
| Net income | 65 | 71 | 0 | 56 | 157 | 426 | 210 | (120) | (353) | 362 | |||||
| Depreciation | 76 | 102 | 100 | 108 | 110 | 229 | 182 | 214 | 130 | 116 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 4.75 | 3.75 | 3.50 | 4.98 | 5.64 | 6.83 | 5.47 | 6.97 | 4.92 | 8.04 | ||||
| Earnings | 0.63 | 0.58 | 0.05 | 0.47 | 0.88 | 1.70 | 0.92 | (0.48) | (1.29) | 1.95 | |||||
| Cash flow | 1.65 | 1.21 | 0.50 | 1.20 | 2.03 | 2.82 | 0.77 | 2.06 | 0.20 | 2.33 | |||||
| Capex | (0.41) | (0.24) | (1.32) | (1.11) | 1.14 | (0.60) | (0.49) | (1.09) | (0.69) | (1.14) | |||||
| Free cash flow | 1.24 | 0.97 | (0.82) | 0.08 | 3.18 | 2.22 | 0.28 | 0.97 | (0.49) | 1.19 | |||||
| Book value | 8.73 | 8.56 | 8.37 | 9.31 | 25.45 | 18.76 | 19.66 | 21.03 | 19.51 | 21.28 | |||||
| Shares, m | 103 | 120 | 120 | 122 | 151 | 216 | 210 | 205 | 202 | 203 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 16.36 | 15.15 | 241.80 | 40.98 | 19.26 | 9.81 | 17.43 | 0.00 | 0.00 | 11.30 | ||||
| P/S | 2.00 | 2.38 | 3.49 | 3.86 | 3.56 | 2.59 | 2.96 | 1.53 | 1.41 | 2.73 | |||||
| P/B | 1.09 | 1.04 | 1.44 | 2.07 | 0.79 | 0.94 | 0.82 | 0.51 | 0.36 | 1.03 | |||||
| EV/Sales | 1.48 | 1.63 | 3.01 | 3.39 | 3.04 | 2.20 | 2.68 | 1.39 | 1.34 | 2.56 | |||||
| EV/FCF | 5.65 | 6.31 | 560.16 | 204.37 | 5.40 | 7.25 | 52.59 | 10.03 | (13.49) | 17.25 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 171 | 145 | 60 | 146 | 307 | 609 | 161 | 422 | 40 | 472 | ||||
| Capex | (42) | (29) | (158) | (136) | 173 | (130) | (102) | (223) | (139) | (230) | |||||
| Free cash flow | 128 | 116 | (98) | 10 | 480 | 479 | 58 | 198 | (99) | 242 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 560 | 728 | 650 | 665 | 1,174 | 1,316 | 1,097 | 1,026 | 810 | 669 | ||||
| Total debt | 220 | 233 | 248 | 284 | 438 | 473 | 401 | 321 | 339 | 368 | |||||
| Net debt | (256) | (341) | (201) | (286) | (450) | (585) | (329) | (192) | (79) | (207) | |||||
| Shareholders’ equity | 902 | 1,024 | 1,006 | 1,134 | 3,847 | 4,053 | 4,126 | 4,304 | 3,947 | 4,314 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 5.62 | 4.66 | 0.42 | 3.50 | 4.37 | 7.09 | 3.71 | (1.84) | (4.94) | 7.02 | ||||
| ROIC | 10.90 | 9.27 | 2.32 | 9.02 | 3.46 | 8.01 | 3.13 | (1.98) | (5.21) | 7.02 | |||||
| ROE | 9.63 | 7.20 | 0.63 | 5.36 | 6.08 | 9.32 | 4.75 | (2.33) | (6.33) | 9.58 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Silver Standard Resources Inc. vs peers in Gold (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EQX Equinox Gold Corp. | $13.0B | 10.7× | 8.0× | +169.33% (above 0%: growing) | +480.00% (above 0%: growing) | −103.64% (below 0%: shrinking) | 39.20% | 32.14% | Compare |
| HMY Harmony Gold Mining Company Limited | $10.7B | 52.5× | 3.6× | −3.10% (below 0%: shrinking) | n/m | +265.24% (above 0%: growing) | 26.37% | 0.00% | Compare |
| AUGO Aura Minerals Inc. | $7.2B | 24.4× | 7.3× | +76.42% (above 0%: growing) | +2,263.64% (above 0%: growing) | +0.29% (above 0%: growing) | 56.99% | 52.18% | Compare |
| BTG B2Gold Corp | $6.8B | 8.7× | 5.4× | +14.03% (above 0%: growing) | +158.33% (above 0%: growing) | +462.54% (above 0%: growing) | 39.06% | 66.07% | Compare |
| OR OR Royalties Inc. | $6.6B | 23.5× | 24.0× | +62.05% (above 0%: growing) | +94.12% (above 0%: growing) | +61.89% (above 0%: growing) | 84.05% | 77.00% | Compare |
| SSRM Silver Standard Resources Inc. | $6.5B | 27.5× | 6.4× | +9.46% (above 0%: growing) | +6.82% (above 0%: growing) | −46.58% (below 0%: shrinking) | 60.87% | 43.19% | |
| ARIS Aris Mining Corporation | $3.6B | 12.5× | — | +62.31% (above 0%: growing) | n/m | −140.02% (below 0%: shrinking) | 58.58% | 48.02% | Compare |
| FSM Fortuna Mining Corp. | $3.1B | 8.7× | — | +38.19% (above 0%: growing) | +108.33% (above 0%: growing) | +246.98% (above 0%: growing) | 57.62% | 49.28% | Compare |
| NG Novagold Resources Inc. | $2.9B | — (loss-making) | — | −36.57% (below 0%: shrinking) | n/m | −261.13% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| Median of peers | $6.7B | 12.5× | 7.3× | +50.12% | +158.33% | +31.09% | 48.10% | 48.65% |
Silver Standard Resources Inc. (SSRM) key facts
- Strength: Silver Standard Resources Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 63.7% from fiscal 2024.
- Silver Standard Resources Inc. (SSRM) is a Gold company in the Basic Materials sector, listed on Nasdaq.
- As of October 16, 2026, SSRM traded at $31.85, a market capitalization of $6.5 billion.
- Silver Standard Resources Inc. pays an annual dividend of $0.03 per share, a yield of 0.09%, with a payout ratio of 2.73%.
- Return on equity was 9.58% and debt-to-equity 0.00.
- Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.26 (grey zone) for fiscal 2025.