SSR Mining (SSRM) Tops Q2 EPS by 10c, Revenues Beat

SSR Mining (NASDAQ: SSRM) reported Q2 EPS of $0.10, $0.10 better than the analyst estimate of $0.00. Revenue for the quarter came in at $104 million versus the consensus estimate of $100.34 million.

Paul Benson, President and CEO said, "We increased consolidated production in the second quarter to over 85,000 gold equivalent ounces at lower cash costs, putting us on track to achieve full year guidance. This achievement is also reflected in our improved financial performance, where we increased earnings and operating cash flow, and added cash to the balance sheet for the eleventh consecutive quarter. With these results and the Chinchillas project moving closer to completion, we maintain positive momentum towards our 2018 goals and near-term growth outlook."

For earnings history and earnings-related data on SSR Mining (SSRM) click here.

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