earnings
confidence high
sentiment positive
materiality 0.60
SSR Mining Q3 GAAP EPS $0.07, adj. $0.26; production 192k oz; declares $0.07 dividend
SSR MINING INC.
2023-Q3 EPS reported
$0.57
revenue$1,001,030,000
- GAAP diluted EPS $0.07; adjusted diluted EPS $0.26; operating cash flow $135.3M, free cash flow $87.8M.
- Quarterly production 192k gold eq oz at cost of sales $1,095/oz and AISC $1,289/oz; on track for low-end of 700k oz guidance.
- Board declared quarterly cash dividend of $0.07 per share, payable Dec 11, 2023 to holders of record Nov 13, 2023.
- First ore accessed from Çakmaktepe Extension in Q3; initial production expected 10k-15k oz in Q4 2023.
- Year-to-date capital returns ~$88.5M; on track for minimum full-year capital returns yield of 3.6%.