SSRM vs SEA: which stock is the better value?

SSRM screens cheaper than SEA on all three valuation measures provided. That alone doesn’t show which stock is the better investment.

SSR Mining Inc. (SSRM.TO) and Seabridge Gold Inc. (SEA.TO) are both Materials companies, but their valuation figures differ sharply. At the November 5, 2026 adjusted close, SSRM was C$39.14 and SEA was C$35.77. SSRM also had the larger market capitalization: C$7.8B compared with SEA’s C$3.9B. SSRM’s supplied P/E, PEG and P/B figures are lower across the board. This is a snapshot, not a verdict on either company’s prospects or risks.

Investor takeaway: SSRM has lower supplied P/E, PEG and P/B figures, as well as higher trailing ROE. These numbers don’t explain future performance, and both companies have a Strong Sell consensus label in the supplied data. Treat the figures as a starting point for research, not a conclusion on their own.

SSRM is lower on all three supplied multiples

SSRM’s P/E is 9.0, compared with SEA’s 132.5. Its PEG is 0.02 versus 0.85, and its P/B is 1.71 versus 3.48. These figures make SSRM look cheaper on this screen, but they don’t show which stock offers better value once you consider business outlook and risk.

SSRM screens cheaper across the supplied measures

SSRM is below SEA on all three supplied valuation measures: P/E of 9.0 versus 132.5, PEG of 0.02 versus 0.85, and P/B of 1.71 versus 3.48. On these figures, SSRM looks cheaper. But that doesn’t prove its shares are undervalued. Multiples can reflect different expectations, business conditions and risks, which these figures don’t fully explain. For more company details, see SSR Mining and Seabridge Gold.

Profitability and company size add context

SSR Mining’s market capitalization is C$7.8B, twice SEA’s C$3.9B in the supplied snapshot. SSRM’s trailing ROE is 14.4%, compared with 3.3% for SEA. Both companies have a dividend yield of 0.00%. These figures add context, but they don’t tell you how either company will perform. The snapshot lists a Strong Sell consensus label and an analyst target of C$0.00 for both companies. Treat these as reported data, not a forecast or recommendation.

A valuation screen is only a starting point

The figures support a limited conclusion: SSRM screens cheaper than SEA on P/E, PEG and P/B. They don’t establish which stock is better value overall. Investors should consider each company’s operating outlook, financial position and risks alongside these multiples. The adjusted closes on November 5, 2026—C$39.14 for SSRM and C$35.77 for SEA—are a dated price snapshot and don’t change what the valuation measures can show.