Ssr Mining Stock Gross Profit

SSRM Stock  USD 5.47  0.10  1.86%   
SSR Mining fundamentals help investors to digest information that contributes to SSR Mining's financial success or failures. It also enables traders to predict the movement of SSR Stock. The fundamental analysis module provides a way to measure SSR Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SSR Mining stock.
Last ReportedProjected for Next Year
Gross Profit347.4 M364.8 M
Gross Profit Margin 0.24  0.17 
As of the 24th of April 2024, Gross Profit is likely to grow to about 364.8 M, while Gross Profit Margin is likely to drop 0.17.
  
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SSR Mining Company Gross Profit Analysis

SSR Mining's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current SSR Mining Gross Profit

    
  498.29 M  
Most of SSR Mining's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SSR Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

SSR Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for SSR Mining is extremely important. It helps to project a fair market value of SSR Stock properly, considering its historical fundamentals such as Gross Profit. Since SSR Mining's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SSR Mining's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SSR Mining's interrelated accounts and indicators.
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SSR Gross Profit Historical Pattern

Today, most investors in SSR Mining Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SSR Mining's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SSR Mining gross profit as a starting point in their analysis.
   SSR Mining Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, SSR Mining reported 498.29 M of gross profit. This is 96.88% lower than that of the Metals & Mining sector and 17.95% lower than that of the Materials industry. The gross profit for all United States stocks is 98.18% higher than that of the company.

SSR Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SSR Mining's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SSR Mining could also be used in its relative valuation, which is a method of valuing SSR Mining by comparing valuation metrics of similar companies.
SSR Mining is currently under evaluation in gross profit category among related companies.

SSR Fundamentals

About SSR Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SSR Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SSR Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SSR Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SSR Mining in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SSR Mining's short interest history, or implied volatility extrapolated from SSR Mining options trading.

Currently Active Assets on Macroaxis

When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out SSR Mining Piotroski F Score and SSR Mining Altman Z Score analysis.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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When running SSR Mining's price analysis, check to measure SSR Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SSR Mining is operating at the current time. Most of SSR Mining's value examination focuses on studying past and present price action to predict the probability of SSR Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SSR Mining's price. Additionally, you may evaluate how the addition of SSR Mining to your portfolios can decrease your overall portfolio volatility.
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Is SSR Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSR Mining. If investors know SSR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSR Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.32
Dividend Share
0.28
Earnings Share
(0.48)
Revenue Per Share
6.97
Quarterly Revenue Growth
0.39
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.