Shareholders have faith in loss-making SSR Mining (TSE:SSRM) as stock climbs 11% in past week, taking one-year gain to 190%

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The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But if you pick the right stock, you can make a lot more than 100%. For example, the SSR Mining Inc. (TSE:SSRM) share price has soared 190% in the last 1 year. Most would be very happy with that, especially in just one year! Also pleasing for shareholders was the 59% gain in the last three months. Unfortunately the longer term returns are not so good, with the stock falling 41% in the last three years.

On the back of a solid 7-day performance, let’s check what role the company’s fundamentals have played in driving long term shareholder returns.

See our latest analysis for SSR Mining

To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ One imperfect but simple way to consider how the market…

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