undamentalytics Newsletter

Equinox Gold vs SSR Mining

Equinox Gold and SSR Mining are similar in size: $1.82bn and $1.63bn of revenue in their latest fiscal years. Equinox Gold grew faster (99.1% against 63.7%). SSR Mining kept more of each dollar of sales as profit: a net margin of 24.3% against 12.2%. SSR Mining carries less debt relative to equity (8.0% against 26.8%).

Latest fiscal yearEquinox GoldEQX, 2025SSR MiningSSRM, 2025
Revenue $1.82bn $1.63bn
Revenue growth 99.1% 63.7%
Net income $221m $396m
Operating margin 23.8% 28.3%
Net margin 12.2% 24.3%
Return on equity 4.8% 12.0%
Free cash flow $126m $242m
Cash $430m $516m
Total debt $1.55bn $281m
Debt to equity 26.8% 8.0%
Dividend per share — —
Dividend yield — —
Share buybacks — $0
Employees — —
Market value $6.27bn $5.36bn
Price vs our value range — Below our value range
Moat score — 40 (Weak)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.