earnings
confidence high
sentiment positive
materiality 0.85
SSR Mining Q1 2026 continuing ops net income $252.5M; Çöpler sale for $1.5B
SSR MINING INC.
2026-Q1 EPS reported
-$0.52
revenue$581,778,000
- Q1 revenue $581.8M, net income from continuing ops $252.5M ($1.16 diluted EPS); adjusted net income $250.1M ($1.15).
- Signed definitive agreement to sell 80% Çöpler interest to Cengiz for $1.5B cash; expects close by Q3 2026.
- Converted $230M convertible notes to 13.1M common shares; no long-term debt post-redemption; paid $87.5M contingent payment for Carlton Tunnel.
- Q1 production 109,914 gold equivalent oz; AISC $2,433/oz; reaffirmed FY 2026 guidance 450k-535k gold equivalent oz.
- Board approved $300M NCIB; post-quarter repurchased 9.2M shares for ~$300M; total returns since 2021 ~$775M.