SSR Mining Shares Surge 15% on Strong Earnings and Strategic Moves
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy SSRM?
Source: Fool
- Earnings Surge: SSR Mining reported a first-quarter earnings per share of $1.15, nearly tripling year-over-year, driven by an 84% revenue increase, primarily due to a 10% rise in gold production and a significant jump in average realized gold prices from $2,935 to $4,770 per ounce, greatly enhancing profitability.
- Strong Financial Position: The company boasts no significant long-term debt and over $600 million in cash, generating $211 million in free cash flow with a net income of $252.5 million, while returning $300 million to shareholders through stock buybacks, showcasing robust financial flexibility.
- Asset Disposal Strategy: SSR Mining plans to sell its 80% stake in the Copler mine in Turkey by Q3, expected to generate $1.5 billion in cash, marking a decisive step in derisking the portfolio and reallocating capital towards higher growth opportunities.
- Future Growth Potential: With the Copler mine sale, SSR Mining aims to reinstate dividends, conduct large-scale buybacks, or pursue disciplined growth investments, with management focused on effectively utilizing the new capital to unlock additional shareholder value and drive stock price increases.
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Analyst Views on SSRM
Wall Street analysts forecast SSRM stock price to fall
7 Analyst Rating
3 Buy
3 Hold
1 Sell
Moderate Buy
Current: 32.710
Low
18.70
Averages
25.07
High
29.00
Current: 32.710
Low
18.70
Averages
25.07
High
29.00
About SSRM
SSR Mining Inc. and its subsidiaries is a precious metals mining company with four assets located in the United States, Turkiye, Canada and Argentina. The Company is primarily engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Turkiye and the Americas. The Company produces gold dore as well as copper, silver, lead and zinc concentrates. Its operations consist of four mine sites-Copler, located in Erzincan Province, Turkiye (Copler), Marigold, located in Nevada, United States (Marigold), Seabee, located in Saskatchewan, Canada (Seabee), and Puna, located in Jujuy Province, Argentina. The Company also participates in exploration and development activities at properties located in the United States, Argentina, Canada and Turkiye. The Copler Property is comprised of the Copler Mine, Greater Cakmaktepe Mine, and associated processing facilities. The Company also owns Cripple Creek & Victor gold mine.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SSR Mining Shares Surge 15% on Strong Earnings and Strategic Moves
- Earnings Surge: SSR Mining reported a first-quarter earnings per share of $1.15, nearly tripling year-over-year, driven by an 84% revenue increase, primarily due to a 10% rise in gold production and a significant jump in average realized gold prices from $2,935 to $4,770 per ounce, greatly enhancing profitability.
- Strong Financial Position: The company boasts no significant long-term debt and over $600 million in cash, generating $211 million in free cash flow with a net income of $252.5 million, while returning $300 million to shareholders through stock buybacks, showcasing robust financial flexibility.
- Asset Disposal Strategy: SSR Mining plans to sell its 80% stake in the Copler mine in Turkey by Q3, expected to generate $1.5 billion in cash, marking a decisive step in derisking the portfolio and reallocating capital towards higher growth opportunities.
- Future Growth Potential: With the Copler mine sale, SSR Mining aims to reinstate dividends, conduct large-scale buybacks, or pursue disciplined growth investments, with management focused on effectively utilizing the new capital to unlock additional shareholder value and drive stock price increases.
See More
SSR Mining Reports Q1 2026 Earnings Highlights
- Strategic Repositioning: SSR Mining announced a definitive agreement to sell its interest in the Copler mine for $1.5 billion in cash, expected to close before the end of Q3 2026, which will allow the company to focus on gold and silver production in the Americas and enhance free cash flow generation.
- Strong Financial Performance: In Q1, the company reported nearly $600 million in revenue from 113,000 ounces of gold equivalent sales, with net income of $1.16 per diluted share and free cash flow of $211 million, increasing cash reserves to $634 million at quarter-end with zero debt.
- Share Buyback Program: Following the completion of $300 million in share repurchases, the company plans to reassess its capital allocation strategy post-Copler transaction, although it has not reinstated dividend payments, with management prioritizing shareholder returns.
- Operational Outlook: Management anticipates achieving 55% to 60% of full-year production in the second half, while emphasizing ongoing strategic review of Hot Maden, despite remaining unclear on the timeline for its progress.
See More
SSR Mining Reports Strong Q1 Earnings, Shares Surge
- Earnings Beat: SSR Mining reported Q1 revenue of $581.8 million, exceeding Wall Street's expectation of $533.7 million, indicating strong performance in the gold and silver markets, which is likely to boost investor confidence further.
- Profitability Surge: Adjusted earnings per share reached $1.15, surpassing the expected $0.80, with net income rising to $252.5 million year-over-year, reflecting significant improvements in operational efficiency that may attract more institutional investors.
- Strong Cash Flow: The company generated $299.6 million in operating cash flow and $210.8 million in free cash flow from continuing operations, showcasing robust financial health that provides a solid foundation for future investments and shareholder returns.
- Strategic Restructuring: SSR Mining announced a $1.5 billion agreement to sell its 80% stake in the Çöpler mine in Turkey, further concentrating its operations in the Americas, which is expected to optimize resource allocation and enhance the company's competitive position in the region.
See More
SSR Mining Q1 2026 Earnings Highlights
- Strong Cash Flow: SSR Mining generated over $210 million in free cash flow in Q1 2026, showcasing robust performance in gold and silver production, which provides ample funding for future investments and shareholder returns.
- Strategic Asset Sale: The company announced the sale of its interest in the Copler mine for $1.5 billion, expected to close by the end of 2026, which will further enhance SSR Mining's cash flow and financial flexibility, allowing a focus on gold and silver production in the Americas.
- Share Buyback Program: Following the first quarter, SSR Mining completed $300 million in share repurchases, acquiring over 9 million shares, demonstrating a commitment to shareholder returns, with a total of over 29 million shares repurchased since 2021 at an average price of $21 per share, enhancing per-share value.
- Future Growth Opportunities: SSR Mining anticipates providing an updated life-of-mine plan for Marigold within the next 12 months and advancing various growth projects, including Buffalo Valley and a strategic review of Hod Maden, aimed at optimizing mine life and creating additional shareholder value.
See More
Silver Price Soars to All-Time High as Nord Acquires Mining Leases
- Record Silver Prices: In January 2026, spot silver prices surged to an unprecedented $121.67 per ounce, marking the first time silver traded above $100, and recently rebounded to $80, reflecting a robust market demand and a structural supply deficit.
- Acquisition of Historic Mining Leases: Nord Precious Metals Mining Inc. has completed the acquisition of nearly 4 kilometers of historic boundary in Ontario's Gowganda Silver Camp, consolidating areas where over 50 million ounces of silver were previously produced, which is expected to significantly enhance future exploration and production potential.
- Infrastructure Advantage: Nord possesses the only permitted high-grade milling facility and a 600-tonne-per-day gravity plant, enabling a rapid conversion of exploration results into metal, which is anticipated to accelerate its competitive edge in silver mining development.
- Future Development Plans: Nord plans to drill across historical boundaries once new permits are obtained, leveraging existing production facilities and engineering partners to advance its silver production plan, which is expected to yield substantial economic benefits for the company.
See More
SSR Mining to Release Q1 2026 Financial Results
- Earnings Release Schedule: SSR Mining will release its Q1 2026 financial results after market close on May 5, 2026, reflecting the company's ongoing commitment to transparency and information disclosure.
- Conference Call Timing: A conference call will be held at 5:00 PM EDT on the same day to discuss the financial results, enhancing communication with stakeholders including investors and media.
- Webcast and Replay Availability: The conference will be available via webcast, with audio replay accessible for two weeks post-event, ensuring that investors who cannot attend live can still access critical information, thereby improving information accessibility.
- Contact Information: Investors can dial specific numbers to participate in the call or obtain further information, fostering enhanced interaction and connection between the company and its investors.
See More
SSR Mining Shares Surge 15% on Strong Earnings and Strategic Moves
- Earnings Surge: SSR Mining reported a first-quarter earnings per share of $1.15, nearly tripling year-over-year, driven by an 84% revenue increase, primarily due to a 10% rise in gold production and a significant jump in average realized gold prices from $2,935 to $4,770 per ounce, greatly enhancing profitability.
- Strong Financial Position: The company boasts no significant long-term debt and over $600 million in cash, generating $211 million in free cash flow with a net income of $252.5 million, while returning $300 million to shareholders through stock buybacks, showcasing robust financial flexibility.
- Asset Disposal Strategy: SSR Mining plans to sell its 80% stake in the Copler mine in Turkey by Q3, expected to generate $1.5 billion in cash, marking a decisive step in derisking the portfolio and reallocating capital towards higher growth opportunities.
- Future Growth Potential: With the Copler mine sale, SSR Mining aims to reinstate dividends, conduct large-scale buybacks, or pursue disciplined growth investments, with management focused on effectively utilizing the new capital to unlock additional shareholder value and drive stock price increases.
See More
SSR Mining Reports Q1 2026 Earnings Highlights
- Strategic Repositioning: SSR Mining announced a definitive agreement to sell its interest in the Copler mine for $1.5 billion in cash, expected to close before the end of Q3 2026, which will allow the company to focus on gold and silver production in the Americas and enhance free cash flow generation.
- Strong Financial Performance: In Q1, the company reported nearly $600 million in revenue from 113,000 ounces of gold equivalent sales, with net income of $1.16 per diluted share and free cash flow of $211 million, increasing cash reserves to $634 million at quarter-end with zero debt.
- Share Buyback Program: Following the completion of $300 million in share repurchases, the company plans to reassess its capital allocation strategy post-Copler transaction, although it has not reinstated dividend payments, with management prioritizing shareholder returns.
- Operational Outlook: Management anticipates achieving 55% to 60% of full-year production in the second half, while emphasizing ongoing strategic review of Hot Maden, despite remaining unclear on the timeline for its progress.
See More
SSR Mining Reports Strong Q1 Earnings, Shares Surge
- Earnings Beat: SSR Mining reported Q1 revenue of $581.8 million, exceeding Wall Street's expectation of $533.7 million, indicating strong performance in the gold and silver markets, which is likely to boost investor confidence further.
- Profitability Surge: Adjusted earnings per share reached $1.15, surpassing the expected $0.80, with net income rising to $252.5 million year-over-year, reflecting significant improvements in operational efficiency that may attract more institutional investors.
- Strong Cash Flow: The company generated $299.6 million in operating cash flow and $210.8 million in free cash flow from continuing operations, showcasing robust financial health that provides a solid foundation for future investments and shareholder returns.
- Strategic Restructuring: SSR Mining announced a $1.5 billion agreement to sell its 80% stake in the Çöpler mine in Turkey, further concentrating its operations in the Americas, which is expected to optimize resource allocation and enhance the company's competitive position in the region.
See More
SSR Mining Q1 2026 Earnings Highlights
- Strong Cash Flow: SSR Mining generated over $210 million in free cash flow in Q1 2026, showcasing robust performance in gold and silver production, which provides ample funding for future investments and shareholder returns.
- Strategic Asset Sale: The company announced the sale of its interest in the Copler mine for $1.5 billion, expected to close by the end of 2026, which will further enhance SSR Mining's cash flow and financial flexibility, allowing a focus on gold and silver production in the Americas.
- Share Buyback Program: Following the first quarter, SSR Mining completed $300 million in share repurchases, acquiring over 9 million shares, demonstrating a commitment to shareholder returns, with a total of over 29 million shares repurchased since 2021 at an average price of $21 per share, enhancing per-share value.
- Future Growth Opportunities: SSR Mining anticipates providing an updated life-of-mine plan for Marigold within the next 12 months and advancing various growth projects, including Buffalo Valley and a strategic review of Hod Maden, aimed at optimizing mine life and creating additional shareholder value.
See More
Silver Price Soars to All-Time High as Nord Acquires Mining Leases
- Record Silver Prices: In January 2026, spot silver prices surged to an unprecedented $121.67 per ounce, marking the first time silver traded above $100, and recently rebounded to $80, reflecting a robust market demand and a structural supply deficit.
- Acquisition of Historic Mining Leases: Nord Precious Metals Mining Inc. has completed the acquisition of nearly 4 kilometers of historic boundary in Ontario's Gowganda Silver Camp, consolidating areas where over 50 million ounces of silver were previously produced, which is expected to significantly enhance future exploration and production potential.
- Infrastructure Advantage: Nord possesses the only permitted high-grade milling facility and a 600-tonne-per-day gravity plant, enabling a rapid conversion of exploration results into metal, which is anticipated to accelerate its competitive edge in silver mining development.
- Future Development Plans: Nord plans to drill across historical boundaries once new permits are obtained, leveraging existing production facilities and engineering partners to advance its silver production plan, which is expected to yield substantial economic benefits for the company.
See More
SSR Mining to Release Q1 2026 Financial Results
- Earnings Release Schedule: SSR Mining will release its Q1 2026 financial results after market close on May 5, 2026, reflecting the company's ongoing commitment to transparency and information disclosure.
- Conference Call Timing: A conference call will be held at 5:00 PM EDT on the same day to discuss the financial results, enhancing communication with stakeholders including investors and media.
- Webcast and Replay Availability: The conference will be available via webcast, with audio replay accessible for two weeks post-event, ensuring that investors who cannot attend live can still access critical information, thereby improving information accessibility.
- Contact Information: Investors can dial specific numbers to participate in the call or obtain further information, fostering enhanced interaction and connection between the company and its investors.
See More
