Welcome to our dedicated page for Ssr Mng news (Ticker: SSRM), a resource for investors and traders seeking the latest updates and insights on Ssr Mng stock.
SSR Mining Inc. (SSRM) is a precious metals producer listed on the Nasdaq and TSX that regularly issues detailed updates on its operations, financial performance, and technical studies. The news flow for SSR Mining covers its gold and silver production, cost metrics, development projects, and corporate governance matters, giving investors and followers insight into how the company manages its multi-mine portfolio.
News releases include quarterly and annual financial results, where SSR Mining reports gold, silver, lead and zinc production and sales, gold equivalent ounces, cost of sales, cash costs, and all-in sustaining costs (AISC). These updates also discuss operating performance at key assets such as the Marigold mine, the Cripple Creek & Victor (CC&V) mine, the Seabee operation, and the Puna operation, along with commentary on cash flow generation and liquidity.
SSR Mining’s news also highlights technical and strategic developments. Examples include the acquisition and integration of CC&V, the filing of a Technical Report Summary for CC&V prepared under Subpart 1300 of Regulation S-K, mine life extension work at Puna, and progress on the Hod Maden copper-gold project. Operational updates, such as the temporary suspension and subsequent restart of Seabee due to power interruptions from nearby forest fires, provide additional context on site-level conditions.
Corporate and governance announcements, including annual meeting voting results and changes to the Board of Directors, are also communicated through news releases. Readers who follow SSRM news can track production trends, cost performance, project milestones, and board-level decisions in one place, making this news feed a useful resource for monitoring the company’s ongoing activities.
SSR Mining Inc. reported strong financial results for Q4 2020, driven by operational momentum and the completion of the Alacer merger. The company produced 220,000 gold-equivalent ounces at an All-in Sustaining Cost (AISC) of $976 per ounce, generating $157 million in free cash flow. Fourth-quarter revenue reached $152 million, with an adjusted attributable EPS of $0.50 per share. SSR Mining also declared its first quarterly dividend of $0.05 per share and expects to sustain production between 700,000 to 800,000 gold-equivalent ounces over the next five years.
SSR Mining declared a quarterly cash dividend of US$0.05 per common share, payable on March 31, 2021. Shareholders on record by March 5, 2021 are eligible. This dividend qualifies as an 'eligible dividend' for Canadian income tax. The announcement includes key dates for processing conversions of shares and CDIs, with CDIs trading ex-dividend on March 4, 2021. Payments to Canadian shareholders will be made in Canadian dollars, while others will receive payments in US dollars. Non-resident withholding tax at 25% applies unless a tax treaty is in place.
SSR Mining Inc. (NASDAQ: SSRM) has announced the date for its fourth quarter and year-end 2020 consolidated financial results, which will be released on February 17, 2021, before market opening. A conference call is scheduled for the same day at 5:00 pm EST. The company produced approximately 711,000 gold-equivalent ounces in 2020 from its four operating assets across the USA, Turkey, Canada, and Argentina. Investors can access the conference call via toll-free numbers and a webcast available on SSR Mining's website.
SSR Mining announced its full year 2020 production results, achieving approximately 711,000 gold-equivalent ounces. The company anticipates 2021 production between 720,000 and 800,000 gold-equivalent ounces at all-in sustaining costs of $1,050 to $1,110 per ounce. President Rod Antal highlighted the transformative year following the Alacer Gold merger and the commitment to generating free cash flow while optimizing assets. Key operational catalysts and growth initiatives are planned, including significant capital expenditures for each operational site.
SSR Mining announced positive results from its Çöpler District Master Plan 2020, highlighting a significant increase in Mineral Reserves and Resources. The Reserve Case estimates an NPV at 5% of $1.7 billion, with a life of mine production of 3.6 million ounces of gold and average annual production of 266,000 ounces. The alternative Preliminary Economic Assessment (PEA) Case suggests a potential NPV of $2.2 billion with 4.6 million ounces of gold and 306,000 ounces annual production. The company is set to construct a supplemental flotation circuit to enhance operational efficiencies.
SSR Mining Inc. (NASDAQ: SSRM) announced promising results from its diamond drilling program at the Çöpler copper-gold porphyry target (C2), located beneath the Çöpler Main pit. Four drill holes completed along a 730-meter line intersected gold-rich copper porphyry mineralization. Key results include an intercept of 0.74% CuEq over 241.5 meters and 1.77% CuEq over 32 meters. The findings indicate the potential for significant growth opportunities at Çöpler, with ongoing drilling and metallurgical tests planned to further assess the mineralization.
SSR Mining reported third-quarter 2020 financial results, highlighting an adjusted EPS of $0.49 and a net income of $67.8 million. The company completed a merger with Alacer Gold, enhancing its position in the precious metals sector. Notably, SSR Mining announced a quarterly cash dividend of $0.05 per share to start in Q1 2021, indicating strong cash flow sustainability. Year-to-date production reached 491,821 gold equivalent ounces, with a revised guidance of 680,000 to 760,000 ounces for the full year. The company maintains a robust cash balance of $772.8 million and operational stability across all mines.
SSR Mining Inc. is set to announce its third quarter 2020 consolidated financial results on November 12, 2020, before market opening. A conference call will follow on the same day at 5:00 pm EST, allowing investors and media to engage with company leadership. SSR Mining, a leading intermediate gold company, operates four producing assets across USA, Turkey, Canada, and Argentina, boasting a diversified portfolio that yielded over 720,000 ounces of gold in 2019.
SSR Mining Inc. (NASDAQ: SSRM) has updated its full-year 2020 outlook after completing its merger with Alacer Gold on September 16, 2020. The company anticipates producing 680,000 to 760,000 gold equivalent ounces at all-in sustaining costs (AISC) of $965 to $1,040 per ounce. The production guidance reflects challenges due to COVID-19 but expects a strong fourth quarter. The company aims to enhance its growth portfolio with an upcoming technical report on the Çöpler project, which is expected to define low capital intensity growth opportunities.
SSR Mining and Alacer Gold have completed a merger of equals following regulatory approvals. Under the arrangement, each Alacer share was exchanged for 0.3246 SSR Mining shares, making Alacer a wholly owned subsidiary of SSR Mining. Post-transaction, SSR Mining's pro forma market capitalization stands at approximately US$5 billion. The new board comprises ten directors from both companies, with Rod Antal as President & CEO. SSR Mining shares continue trading under the ticker SSRM on TSX and NASDAQ, with trading on the ASX starting on September 17, 2020.