SSR Mining Inc
NASDAQ:SSRM
Operating Margin
SSR Mining Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CA |
|
SSR Mining Inc
NASDAQ:SSRM
|
2.6B USD |
16%
|
|
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD |
51%
|
|
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
402.6B Zac |
45%
|
|
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
164.5B Zac |
26%
|
|
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
533.9B CNY |
16%
|
|
| US |
|
Newmont Corporation
NYSE:NEM
|
68.8B USD |
35%
|
|
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
86.9B CAD |
42%
|
|
| AU |
G
|
Greatland Gold PLC
ASX:GGP
|
93.5B AUD |
-171%
|
|
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
58.6B CAD |
52%
|
|
| CA |
|
Barrick Gold Corp
TSX:ABX
|
50.6B CAD |
37%
|
|
| RU |
|
Polyus PAO
MOEX:PLZL
|
2.7T RUB |
65%
|
SSR Mining Inc
Glance View
In a world where the gleam of gold and silver attracts the enduring interest of markets and investors, SSR Mining Inc. stands as a notable player in the precious metals arena. Born from the merger of Silver Standard Resources and Alacer Gold, SSR Mining combines a robust portfolio of mining assets across the Americas, Turkey, and Argentina. Its operations are grounded in both open-pit and underground mining, meticulously extracting gold, silver, copper, and other precious commodities from well-endowed earth. The company's flagship operations include the Marigold mine in Nevada, the Seabee Gold Operation in Saskatchewan, and the Puna Operations in Argentina, each contributing significantly to its annual production. Through its diverse asset base, SSR Mining offers a geographically balanced production profile, which is vital for managing geopolitical risks associated with mining activities. SSR Mining's success lies in its strategic focus on cost control, capital discipline, and efficient production. The company employs advanced engineering and technology to increase ore recovery, ensuring economical extraction while minimizing environmental impact. By capitalizing on synergies from its merged operations, SSR Mining optimizes its resource allocation, enhances shareholder returns, and demonstrates robust financial health. The company's revenue model is primarily driven by the sale of the gold and silver it mines, which is then sold at prevailing market prices. Additionally, given the inherent cyclicity and volatility of commodity prices, SSR Mining strategically utilizes hedging to manage against market fluctuations, stabilizing its earnings in a sector often noted for its unpredictability. With a commitment to sustainable mining practices and community engagement, SSR Mining not only focuses on profitability but also on building a legacy of responsible mining.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on SSR Mining Inc's most recent financial statements, the company has Operating Margin of 15.6%.
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