SSR Mining Inc. Q3 2025 Earnings Recap

SSR Mining reported a solid third quarter with 103,000 gold equivalent ounces produced and $409 million in cash, positioning the company well for growth despite being on track for lower production guidance.

Key Takeaways

• Generated $72 million in free cash flow prior to working capital adjustments, despite increased AISC of $2,359 per ounce due to higher royalty costs.
• Cash position remains robust with $409 million in cash and total liquidity exceeding $900 million, supporting ongoing investments in growth initiatives like Hod Maden.
• On track to complete full year production guidance of 410,000 to 480,000 gold equivalent ounces, anticipating a stronger fourth quarter.
• Progress on multiple projects, including upcoming technical reports for Cripple Creek & Victor and continued investment in organic developments across the portfolio.
• Net income of $65.4 million reflects strong operational performance, with adjusted net income at $68.4 million for the quarter.