SSR Mining Reports Fourth Quarter and Year-End 2019 Results

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SSR Mining (SSRM) Tops Q4 EPS by 30c, Revenues Beat

February 20, 2020 4:45 PM EST

SSR Mining (NASDAQ: SSRM) reported Q4 EPS of $0.30, $0.30 better than the analyst estimate of $0.00. Revenue for the quarter came in at $177.6 million versus the consensus estimate of $100.34 million.

Paul Benson, President and CEO said, "SSR Mining had another successful year in 2019 as we continued our track record of achieving production and cost guidance for the eighth consecutive year. We delivered reserve growth at Marigold and resource growth at Seabee, which continue to support mine life extensions at both assets.

Looking ahead, 2020 consolidated production is forecast to grow to approximately 425,000 gold... More