Ssr Mining (TSE:SSRM)
NASDAQ:SSRM
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.14Last Year’s EPS
0.7Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated a strongly positive operational and financial start to 2026: meaningful free cash flow ($211M), high-margin site performance (Puna and CC&V), debt-free balance sheet, near-term liquidity improvement from an expected $1.5B Çöpler sale, and active capital returns (notably a $300M buyback). Offsetting items include elevated AISC ($2,433/oz), seasonal and weather-related operational impacts at Seabee, care-and-maintenance costs tied to Çöpler until close, contingent payments (Carlton Tunnel), and some uncertainty around Hod Maden. On balance, the strength of cash generation, reduced leverage, and growth catalysts materially outweigh the operational and cost pressures highlighted.Company Guidance
Çöpler divestment announced (material cash proceeds)
Announced definitive agreement to sell SSR's interest in the Çöpler mine for $1.5 billion in cash; transaction progressing and management expects closing by Q3 2026 (management commentary varied between 'by Q3' and 'before end of 2026'). Proceeds expected to materially strengthen the balance sheet and provide additional capital for growth and shareholder returns.
Strong free cash flow generation
Free cash flow from continuing operations of $211 million in Q1 2026 (management described 'more than $210 million'), supporting a cash balance of $634 million at quarter end and zero debt after redeeming convertible notes.
High-margin operations driving site-level cash
Puna delivered more than $120 million in site-level free cash flow in Q1 (average realized silver price > $90/oz). Cripple Creek & Victor (CC&V) generated approximately $325 million in mine-site free cash flow since SSR's 2025 acquisition, exceeding the $275 million acquisition consideration within 12 months.
Robust top-line and sales volumes
Nearly $600 million in revenue in Q1 and 113 thousand gold-equivalent ounces sold (production of ~110 thousand gold-equivalent ounces), supporting solid operating performance versus internal plans and guidance.
Per-share value creation and capital returns track record
Management highlighted >300% increase in consolidated consensus net asset value per share since 2024 and >400% increase in consensus cash flow per share over the same period. Subsequent to quarter end, completed $300 million of share repurchases (~9.2 million shares at an average ~$32.6/share in April) and total repurchases since 2021 exceed 29 million shares at an average ~$21/share.
Balance sheet strength and liquidity
Debt-free balance sheet as of March 2026, cash ~$634 million and total liquidity ~$1.1 billion (inclusive of an $87.5 million contingent payment made during the quarter). Management expects proceeds from Çöpler plus ongoing free cash flow to further bolster liquidity.
Operational momentum and growth catalysts
Management highlighted multiple organic growth opportunities: updated Marigold life-of-mine (including Buffalo Valley) targeted within 12 months, brownfield growth at Puna and Seabee, advancement of Cortaderas at Puna, continued near-mine drilling success at Marigold, and an ongoing strategic review of Hod Maden.
Fuel hedging mitigates near-term cost volatility
Approximately 70% of diesel exposure at Marigold and CC&V is mitigated with zero-cost collars through 2026; Seabee fuel secured by winter road deliveries and Puna not experiencing material fuel impacts currently — reducing immediate fuel-driven AISC volatility.
TSE:SSRM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:SSRM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | C$38.47 | C$44.49 | +15.65% |
Feb 17, 2026 | C$35.30 | C$36.45 | +3.26% |
Nov 04, 2025 | C$30.56 | C$27.49 | -10.05% |
Aug 05, 2025 | C$17.90 | C$20.96 | +17.09% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ssr Mining (TSE:SSRM) report earnings?
Ssr Mining (TSE:SSRM) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Ssr Mining (TSE:SSRM) earnings time?
Ssr Mining (TSE:SSRM) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:SSRM EPS forecast?
TSE:SSRM EPS forecast for the fiscal quarter 2026 (Q2) is 1.14.