SSRM Earnings Prediction
The chart below shows how SSRM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SSRM sees a +14.88% change in stock price 10 days leading up to the earnings, and a -2.31% change 10 days following the report. On the earnings day itself, the stock moves by -1.13%. This data can give you a slight idea of what to expect for the next quarter's release.
SSRM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
323.19M
-24.12%
25.58%
Gross Margin
29.59%
-15.70%
-14.08%
Operating Margin
20.80%
-28.77%
4.58%
Net Margin
-0.97%
-98.44%
-139.92%
EPS
0.03
102.80%
-40.00%
No Data Available
SSRM Earnings Analysis
SSR Mining Inc Corporation (SSRM.O) Earnings Conference Call
Positive
Q4 Operational Success: Strong operational results in Q4 2024 with 124,000 gold equivalent ounces produced at an all-in sustaining cost (AISC) of $18.57 per ounce, marking the strongest quarter of the year.
Gold Production Performance: Full year production reached 399,000 gold equivalent ounces at an AISC of $18.78 per ounce, demonstrating solid performance across operations.
Gold Production Milestone: Marigold achieved a significant milestone of 5 million ounces of life of mine gold production, showcasing the quality of the mine and the team.
Record Silver Production: Puna produced a record 10.5 million ounces of silver in 2024, hitting the top end of its production guidance, reflecting operational excellence.
Reserves Growth Achievement: Consolidated reserves increased by 3% year-over-year to 8 million gold equivalent ounces, indicating successful resource development efforts.
Reserves Increase and Potential: Marigold's reserves increased by 14% year-over-year, driven by the declaration of a maiden reserve for Buffalo Valley, enhancing future production potential.
Acquisition Benefits and Integration: The acquisition of Cripple Creek and Victor Mine from Newmont is expected to enhance free cash flow and diversify the portfolio, with integration planning progressing well.
Strong Financial Liquidity: Strong financial position with $388 million in total cash and a net cash position of $158 million, providing liquidity for future investments and operations.
Çöpler Operations Restart Plans: Positive discussions with Turkish authorities regarding the restart of operations at Çöpler, with expectations for a restart within 20 days of receiving necessary permits.
Negative
Earnings Miss Reported: SSR Mining Inc. missed earnings expectations with reported EPS of $0.10, falling short of the expected $0.18.
Care and Maintenance Costs: The company incurred significant care and maintenance costs at Çöpler and Seabee, totaling $36 million in Q4, which negatively impacted earnings.
AISC Cost Analysis: All-in sustaining costs (AISC) for the full year were $18.78 per ounce, with Q4 AISC at $18.57 per ounce, indicating cost pressures.
AISC Increase and Cost Pressures: Marigold's AISC increased to $1,711 per ounce due to elevated royalty expenses and ongoing cost pressures, which are expected to persist in 2025.
Resource Growth Challenges: Despite a strong production year, the overall gold equivalent resources were down 1% year-over-year, indicating challenges in resource growth.
Çöpler Incident Impact: The Çöpler incident from the previous year continues to affect operations, with ongoing remediation efforts and discussions with Turkish authorities.
Production Challenges at Seabee: The company faced challenges in maintaining production levels at Seabee, with AISC at $1,515 per ounce, reflecting operational difficulties.
SSRM FAQs
How does SSRM typically perform around its earnings report dates?
Is SSR Mining Inc (SSRM) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SSRM Earning Call Sentiment
SSR Mining Inc. (NASDAQ:SSRM) Q4 2024 Earnings Call Transcript
SSRM.O
-2.57%Positive
The earnings call presents mixed signals: positive cash flow and liquidity position, but EPS misses expectations. Regulatory challenges at Çöpler and cost pressures add uncertainty. Despite strong production and a positive acquisition, unclear responses in the Q&A section and ongoing cost issues suggest a cautious outlook. The stock price is likely to remain neutral in the short term.
