SSRMSSR MINING INC.
Mineral Royalty Traders
- Revenue
- $1.6B
- 62% YoY
- Operating margin
- 28.8%
- 188% YoY
- EBITDA
- $578M
- 401% YoY
- Market cap
- $5.5B
- Employees
- 2,900
- $553K revenue each
- Net debt / EBITDA
- -2.7×
- −$1.6B net debt
- AI in 10-K
- 0.2
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo119% of net incomeCash flow under 80% of net income
- Dilutive SBCNo3% of revenueOver 10% of revenue
- Payouts exceed cash flowNo0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentYes34% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeNo$553K · 33rd pctBottom quartile of its SIC industry
- Quiet on AIYes0.2 per 10K words · 12th pctBottom quartile of AI mentions in 10-Ks
- Net cashYesNet cash · 2.7× EBITDAMore cash than debt, positive EBITDA
- Buyout-sizedNo$5.5B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$0 netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.1B | $1.4B | $987M | $1.6B | 62% |
| Operating income | $444M | $190M | −$130M | −$322M | $461M | 243% |
| Net income | $368M | $194M | −$98M | −$261M | $396M | 251% |
| Operating cash flow | $609M | $161M | $422M | $40M | $472M | 1076% |
| Capex | $165M | $138M | $223M | $144M | $230M | 60% |
| Stock-based comp | $15M | $6M | $5M | $5M | $45M | 843% |
| Buybacks | $148M | $100M | $56M | $10M | $0 | 100% |
| Dividends | $43M | $59M | $58M | $0 | $0 |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.