SSR Mining Reports First Quarter 2019 Results

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SSR Mining (SSRM) Tops Q1 EPS by 14c, Revenues Beat

May 9, 2019 5:04 PM EDT

SSR Mining (NASDAQ: SSRM) reported Q1 EPS of $0.14, $0.14 better than the analyst estimate of $0.00. Revenue for the quarter came in at $126.25 million versus the consensus estimate of $100.34 million.

First Quarter 2019 Highlights:

(All figures are in U.S. dollars unless otherwise noted)

Increased production at lower costs: Achieved quarterly consolidated production of near-record 112,513 gold equivalent ounces at cash costs of $712 per payable ounce of gold sold.Solid financial performance: Reported positive income from mine operations at all three mines... More