earnings
confidence high
sentiment neutral
materiality 0.65
SSR Mining meets revised 2022 production guidance; 2023 outlook 700-780k gold eq oz
SSR MINING INC.
2022-FY EPS reported
$0.89
revenue$1,148,033,000
- 2022 production of 623,819 gold-equivalent ounces; cost of sales $985/oz, AISC $1,339/oz, in line with revised guidance.
- 2023 guidance: 700,000-780,000 oz at cost of sales $1,055-$1,115/oz and AISC $1,365-$1,425/oz.
- Three-year outlook confirms ~700,000 oz/yr through 2025; exploration budget increased ~50% vs 2022.
- Base dividend yields ~2% annually; company may supplement with share repurchases in 2023.