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SSR Mining Inc. 10-Q Filings

SSRM NASDAQ

Every 10-Q that SSR Mining Inc. (SSRM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow SSRM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SSRM filings page.

Rhea-AI Summary

SSR Mining reported second-quarter revenue of $443.8 million and net income attributable to shareholders of $97.3 million. For the six months ended June 30, 2026, revenue was $1,025.6 million, while continuing operations generated $387.7 million of net income. The company’s overall six-month result was a $9.2 million net loss attributable to shareholders after $396.9 million of discontinued-operations losses attributable to shareholders.

The portfolio changed materially. SSR Mining completed the sale of its 80% interest in the Çöpler mine and related Türkiye properties for approximately $1.5 billion in cash, recognizing a $337.4 million loss on that divestiture. It also deconsolidated Artmin after agreeing to sell its 20% Hod Maden interest for an uncapped 4.0% net smelter return royalty on 100% of the project.

Cash and cash equivalents rose to $1.783 billion at June 30, 2026. SSR Mining repurchased 10,424,713 common shares for $337.8 million during the quarter and converted $229.8 million principal amount of 2019 Notes into 13.1 million shares in the first quarter, after which it was discharged of all debt obligations associated with those notes.

Rhea-AI Summary

SSR Mining Inc. reported much stronger results from its ongoing mines but a net loss after a large write-down tied to its planned exit from Türkiye. Revenue from continuing operations rose to $581.8 million for the quarter ended March 31, 2026, up from $316.6 million, driven mainly by sharply higher realized gold and silver prices and a full quarter of production from the Cripple Creek & Victor mine.

Income from continuing operations increased to $250.2 million, or $1.23 basic earnings per share, but a $338.2 million write-down on the Çöpler mine disposal group led to a discontinued-operations loss of $365.3 million and an overall net loss of $115.2 million.

The company agreed to sell its 80% stake in Çöpler for about $1.5 billion in cash, subject to closing conditions, and ended the quarter with $634.1 million in cash and no outstanding balance on its 2019 convertible notes after converting roughly 13.1 million new shares. Subsequent to quarter-end, it repurchased 9.2 million shares for $300.0 million under a Normal Course Issuer Bid.

Rhea-AI Summary

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.

Rhea-AI Summary

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.