SSR Mining reports Q1 adjusted EPS 29c, consensus 15c

Reports Q1 revenue $316.62M, consensus $296.11M. First quarter 2025 production was 103,805 gold equivalent ounces at cost of sales of $1,312 per payable ounce and all-in sustaining costs of $1,972 per payable ounce, or $1,749 per payable ounce exclusive of costs incurred at Copler in the quarter. Rod Antal, Executive Chairman of SSR Mining (SSRM), said, “We entered 2025 with a clear focus on operational delivery, and I am pleased that each of our assets performed well against expectations in the first quarter. We are well on track for full-year consolidated production and cost guidance, and are positioned to generate strong free cash flows through the remainder of the year. CC&V was officially welcomed into the SSR Mining portfolio on February 28, 2025, and the extensive preparation by our teams helped drive a seamless integration process and operating results that were aligned with expectations in March. We look forward to advancing optimization and possible expansion opportunities at CC&V through the remainder of 2025. In Turkiye, initial development activities continued at Hod Maden in the quarter, while efforts at Copler remain focused on advancing the operation towards a potential restart.”