SSR Mining Reports Second Quarter 2019 Results

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Go back to SSR Mining Reports Second Quarter 2019 Results

SSR Mining (SSRM) Tops Q2 EPS by 15c, Revenues Beat

August 8, 2019 5:38 PM EDT

SSR Mining (NASDAQ: SSRM) reported Q2 EPS of $0.15, $0.15 better than the analyst estimate of $0.00. Revenue for the quarter came in at $155.15 million versus the consensus estimate of $100.34 million.

Second Quarter 2019 Highlights:

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

On track for higher annual gold equivalent production: Achieved quarterly consolidated production of 98,334 gold equivalent ounces at cash costs of $775 per payable ounce of gold sold.(1)Improved financial performance: Reported positive income from mine operations at all three operations totaling $29.8 million, net income of $12.4 million and adjusted... More