SSRM.TO vs. VNP.TO

Last updated Apr 1, 2026

Compare and contrast key facts about SSR Mining Inc. (SSRM.TO) and 5N Plus Inc. (VNP.TO).

Performance

SSRM.TO vs. VNP.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in SSR Mining Inc. (SSRM.TO) and 5N Plus Inc. (VNP.TO). The values are adjusted to include any dividend payments, if applicable.

SSRM.TO vs. VNP.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSRM.TO SSR Mining Inc.	35.79%	199.70%	-29.40%	-31.24%	-3.81%	-11.32%	2.28%	51.45%	49.05%	-7.83%
VNP.TO 5N Plus Inc.	78.78%	140.11%	95.24%	29.90%	22.27%	-19.32%	19.92%	-20.65%	3.33%	67.60%

Fundamentals

Market Cap SSRM.TO : CA$8.89B VNP.TO : CA$2.82B
EPS SSRM.TO : CA$1.83 VNP.TO : CA$0.56
PE Ratio SSRM.TO : 22.28 VNP.TO : 56.30
PEG Ratio SSRM.TO : 0.36 VNP.TO : 0.38
PS Ratio SSRM.TO : 5.42 VNP.TO : 7.26
PB Ratio SSRM.TO : 2.54 VNP.TO : 14.21
Total Revenue (TTM) SSRM.TO : CA$1.64B VNP.TO : CA$391.32M
Gross Profit (TTM) SSRM.TO : CA$793.12M VNP.TO : CA$115.50M
EBITDA (TTM) SSRM.TO : CA$594.18M VNP.TO : CA$90.30M

Returns By Period

In the year-to-date period, SSRM.TO achieves a 35.79% return, which is significantly lower than VNP.TO's 78.78% return. Over the past 10 years, SSRM.TO has underperformed VNP.TO with an annualized return of 19.41%, while VNP.TO has yielded a comparatively higher 32.92% annualized return.

SSRM.TO

• 1D: 11.91%
• 1M: -6.86%
• YTD: 35.79%
• 6M: 20.25%
• 1Y: 183.36%
• 3Y*: 26.79%
• 5Y*: 17.62%
• 10Y*: 19.41%

VNP.TO

• 1D: 5.74%
• 1M: 6.81%
• YTD: 78.78%
• 6M: 86.24%
• 1Y: 496.61%
• 3Y*: 109.61%
• 5Y*: 46.59%
• 10Y*: 32.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SSRM.TO vs. VNP.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SSRM.TO

SSRM.TO Risk / Return Rank: 94
SSRM.TO Sharpe Ratio Rank: 96
SSRM.TO Sortino Ratio Rank: 92
SSRM.TO Omega Ratio Rank: 92
SSRM.TO Calmar Ratio Rank: 94
SSRM.TO Martin Ratio Rank: 95

VNP.TO

VNP.TO Risk / Return Rank: 99
VNP.TO Sharpe Ratio Rank: 100
VNP.TO Sortino Ratio Rank: 99
VNP.TO Omega Ratio Rank: 99
VNP.TO Calmar Ratio Rank: 100
VNP.TO Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SSRM.TO vs. VNP.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SSR Mining Inc. (SSRM.TO) and 5N Plus Inc. (VNP.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SSRM.TO	VNP.TO	Difference
Sharpe ratio Return per unit of total volatility	2.94	9.14	-6.19
Sortino ratio Return per unit of downside risk	3.10	6.83	-3.72
Omega ratio Gain probability vs. loss probability	1.43	1.87	-0.44
Calmar ratio Return relative to maximum drawdown	5.31	26.20	-20.89
Martin ratio Return relative to average drawdown	15.58	82.45	-66.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSRM.TO vs. VNP.TO - Sharpe Ratio Comparison

The current SSRM.TO Sharpe Ratio is 2.94, which is lower than the VNP.TO Sharpe Ratio of 9.14. The chart below compares the historical Sharpe Ratios of SSRM.TO and VNP.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SSRM.TO	VNP.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.94	9.14	-6.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.88	-0.55
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.66	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.18	-0.08

Correlation

The correlation between SSRM.TO and VNP.TO is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SSRM.TO vs. VNP.TO - Dividend Comparison

Neither SSRM.TO nor VNP.TO has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
SSRM.TO SSR Mining Inc.	0.00%	0.00%	0.00%	3.16%	1.71%	1.12%
VNP.TO 5N Plus Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SSRM.TO vs. VNP.TO - Drawdown Comparison

The maximum SSRM.TO drawdown since its inception was -90.04%, roughly equal to the maximum VNP.TO drawdown of -92.70%. Use the drawdown chart below to compare losses from any high point for SSRM.TO and VNP.TO.

Drawdown Indicators

	SSRM.TO	VNP.TO	Difference
Max Drawdown Largest peak-to-trough decline	-90.04%	-92.70%	+2.66%
Max Drawdown (1Y) Largest decline over 1 year	-30.54%	-19.17%	-11.37%
Max Drawdown (5Y) Largest decline over 5 years	-81.63%	-77.07%	-4.56%
Max Drawdown (10Y) Largest decline over 10 years	-82.64%	-77.45%	-5.19%
Current Drawdown Current decline from peak	-9.84%	-8.86%	-0.98%
Average Drawdown Average peak-to-trough decline	-51.10%	-67.53%	+16.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.42%	6.09%	+4.33%

Volatility

SSRM.TO vs. VNP.TO - Volatility Comparison

SSR Mining Inc. (SSRM.TO) has a higher volatility of 28.95% compared to 5N Plus Inc. (VNP.TO) at 19.31%. This indicates that SSRM.TO's price experiences larger fluctuations and is considered to be riskier than VNP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSRM.TO	VNP.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.95%	19.31%	+9.64%
Volatility (6M) Calculated over the trailing 6-month period	50.62%	41.38%	+9.24%
Volatility (1Y) Calculated over the trailing 1-year period	63.20%	54.81%	+8.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.41%	53.20%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.27%	50.36%	+0.91%

Financials

SSRM.TO vs. VNP.TO - Profitability Comparison

The chart below illustrates the profitability comparison between SSR Mining Inc. and 5N Plus Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SSRM.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, SSR Mining Inc. reported a gross profit of 244.62M and revenue of 529.74M. Therefore, the gross margin over that period was 46.2%.

VNP.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, 5N Plus Inc. reported a gross profit of 25.21M and revenue of 103.54M. Therefore, the gross margin over that period was 24.4%.

SSRM.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, SSR Mining Inc. reported an operating income of 225.28M and revenue of 529.74M, resulting in an operating margin of 42.5%.

VNP.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, 5N Plus Inc. reported an operating income of 12.00M and revenue of 103.54M, resulting in an operating margin of 11.6%.

SSRM.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, SSR Mining Inc. reported a net income of 184.25M and revenue of 529.74M, resulting in a net margin of 34.8%.

VNP.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, 5N Plus Inc. reported a net income of 7.71M and revenue of 103.54M, resulting in a net margin of 7.4%.