Ssr Mng Inc SEC Filings

SSR Mining (SSRM) reported stronger results for Q3 2025. Revenue rose to $385,839 thousand from $257,356 thousand a year ago, and net income attributable to shareholders increased to $65,441 thousand, or $0.31 diluted per share. The quarter reflected the first full periods of contribution from the Cripple Creek & Victor Gold Mine (CC&V), acquired on February 28, 2025, alongside steady output at Marigold and Puna while operations at Çöpler remain suspended.

By site, Q3 revenue was led by Marigold $130,694 thousand, Puna $125,354 thousand, and CC&V $98,248 thousand; Seabee added $31,543 thousand. For the nine months ended September 30, 2025, revenue was $1,107,912 thousand and net income attributable to shareholders was $214,297 thousand, or $1.00 diluted per share. Cash from operations reached $299,802 thousand for the nine months, ending with cash and cash equivalents of $409,332 thousand. CC&V was purchased for $100,000 thousand upfront plus up to $175,000 thousand in milestone payments; contingent consideration was recorded at $141,764 thousand fair value. Reclamation and remediation liabilities totaled $633,132 thousand at September 30, 2025, largely reflecting the Çöpler Incident, which continues to drive care and maintenance costs.

SSR Mining Inc. (SSRM) reported an insider ownership update as director Simon A. Fish filed a Form 5, the annual statement of changes in beneficial ownership, for the fiscal year ended 10/30/2025.

The filing reflects a single reporting person and includes the standard tables for non-derivative and derivative securities under Section 16.

Van Eck Associates Corporation reported beneficial ownership of 14,260,019 common shares of SSR Mining Inc., representing 7.03% of the outstanding class. The filer reports sole voting power over 14,202,087 shares and sole dispositive power over 14,260,019 shares, indicating Van Eck controls voting and disposition for the shares it holds. The filing identifies Van Eck as an investment adviser (IA) organized in Delaware and states the securities are held in the ordinary course of business and not to influence control of the issuer. The filing lists SSR Mining's principal executive office in Denver and Van Eck's New York address.

Q2-25 turnaround: SSR Mining (SSRM) posted revenue of $405.5 M, up 119 % YoY, driven by the Feb-28 acquisition of the Cripple Creek & Victor (CC&V) mine, which supplied c.$150 M of sales and c.$82 M of profit. Group operating income jumped to $108.9 M (vs. $10.7 M) and net income attributable to shareholders rose to $90.1 M, or $0.44 / sh (diluted $0.42), versus $0.05 a year earlier.

H1-25 snapshot: Revenue reached $722.1 M (+74 %), operating cash flow swung to +$242.6 M (-$53.5 M), and net income hit $148.9 M (vs. -$277.4 M). Cash closed at $412.1 M; operating cash plus $24.2 M FX effect offset $222.8 M of capex and M&A out-flows. Inventories rose to $1.03 B and total assets to $5.80 B.

Balance-sheet moves: The $230 M 2019 convertible notes shift to current liabilities ahead of April-26 put date; total debt incl. related party stands at $271 M. Reclamation & remediation liabilities ballooned to $628 M, reflecting a $63 M upward revision at the still-suspended Çöpler heap-leach pad and $221 M assumed with CC&V. Insurance recovered $44.4 M of Çöpler business-interruption losses.

Operational notes: Çöpler remains offline after the Feb-24 pad failure; care-and-maintenance and remediation cost $111.3 M YTD. Seabee lost two weeks to wildfire-related power outages but resumed 13-Jun. All four other mines operated normally.

Key takeaways: Acquisition-led scale, insurance proceeds and higher metal prices restored profitability and liquidity; however, rising closure obligations and the unresolved Çöpler restart continue to weigh on risk and capital needs.