SSR Mining Reports Third Quarter 2019 Results

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Go back to SSR Mining Reports Third Quarter 2019 Results

SSR Mining (SSRM) Tops Q3 EPS by 23c, Revenues Beat

November 5, 2019 5:07 PM EST

SSR Mining (NASDAQ: SSRM) reported Q3 EPS of $0.23, $0.23 better than the analyst estimate of $0.00. Revenue for the quarter came in at $147.85 million versus the consensus estimate of $100.34 million.

Third Quarter 2019 Highlights:(All figures are in U.S. dollars unless otherwise noted)

Strong financial performance: Reported positive income from mine operations at all operations totaling $51.9 million, net income of $18.1 million and adjusted attributable net income of $28.4 million, or $0.23 per share. (1)On track for higher annual gold equivalent production: Achieved quarterly consolidated production of 104,775 gold equivalent ounces at cash costs of... More