SSR Mining Hits Day High with 7.63% Surge, Outperforming Market

SSR Mining, Inc., a mid-cap player in the Gems, Jewellery and Watches industry, has shown significant momentum today, gaining 7.63% and reaching an intraday high of CAD 36.45. This performance stands out against the S&P/TSX 60, which only saw a 1.52% increase on the same day.
Over the past week, SSR Mining has outperformed the index with an 8.77% rise, and its one-month performance reflects a robust 14.57% increase. Impressively, the stock has surged by 338.7% over the past year, significantly outpacing the S&P/TSX 60's 21.74% growth. Year-to-date, SSR Mining has delivered a remarkable 255.68% return.

The company's financial health is underscored by a strong EBIT to Interest ratio of 11.29, indicating solid debt servicing capabilities. With a notable operating profit growth of 80.93% and record operating cash flow of CAD 469.59 million, SSR Mining continues to demonstrate strong operational performance. The stock's attractive valuation, reflected in a Price to Book ratio of 1.35, further highlights its competitive position in the market.