NASDAQ$SSRM

SSR Mining Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

SSR Mining's financial results for Q3 2022 were reported, with attributable net loss of $25.8 million, or $0.12 per diluted share, and adjusted attributable net loss of $13.5 million, or $0.07 per diluted share.

SSR Mining reported a net loss of $25.8 million, or $0.12 per diluted share, and an adjusted net loss of $13.5 million, or $0.07 per diluted share, for the third quarter of 2022. The company produced 106,919 gold equivalent ounces and returned nearly $100 million to shareholders through dividends and share repurchases. Full year production guidance has been revised to 620,000 to 655,000 gold equivalent ounces.

  • Attributable & Adjusted Attributable Third Quarter Diluted EPS of $(0.12) and $(0.07) per share, respectively
  • Quarterly Production of 106,919 Gold Equivalent Ounces
  • Restarted ҪӦPLER Operations in the Third Quarter; Ramp-Up Progressing Smoothly
  • Closed the Sale of the Pitarrilla Project in Mexico

Headline financials

Total Revenue

$167M

Previous: $323M-48.4%
EPS (adj)

-$0.07

Previous: $0.40-117.5%
Gold Equivalent Production

106.9K

No prior period
AISC per Gold Equivalent Ounce Sold

$1.9K

No prior period
Capital Expenditures

-$116M

Previous: $35.7M-425.6%
Free Cash Flow

-$73.4M

Previous: $125M-158.5%
Net Income

-$25.8M

Previous: $57.2M-145.1%
Operating Income

-$35.1M

Previous: $99M-135.4%
Gross Profit

$60.2M

Previous: $122M-50.8%
Cash & Equivalents

$748M

Previous: $863M-13.3%
Total Assets

$5B

Previous: $5.11B-2.2%
Stock-Based Comp

-$2.8M

Previous: $1.6M-275.3%

Revenue & EPS history

SSR Mining · Revenue · Quarterly

$167M

Q3 2022-48.4%vs Q3 2021
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

SSR Mining has revised its full year production guidance to 620,000 to 655,000 gold equivalent ounces, with increased production costs of $960 to $990 per ounce and AISC of $1,315 to $1,345 per gold equivalent ounce.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

+0.6%

Avg return

Earnings day

+0.4%

Avg return

5 days after

-1.5%

Avg return

30 days after

56%

36 / 64 earnings

Positive

+18.6%

Q1 2020

Best reaction

-16.8%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+15.6%+23.0%-5.5%
Q4 2025+2.8%+16.9%-11.3%
Q3 2025-10.2%-4.1%-3.6%
Q1 2025+2.5%-3.2%+16.7%
Q4 2024+12.8%+12.2%+16.6%
Q3 2024-12.9%-8.9%+4.8%
Q2 2024-10.9%-17.6%-5.6%
Q1 2024-0.6%-4.8%-7.9%
Q4 2023-8.3%-9.0%-4.7%
Q3 2023-16.8%-10.3%-13.6%
Q2 2023+0.6%+2.0%+3.7%
Q1 2023+11.6%+11.7%-2.5%
Q4 2022-0.9%-10.4%-19.8%
Q3 2022-2.1%+6.6%+9.9%
Q2 2022-9.2%-4.4%-20.8%
Q1 2022+11.5%+3.4%+2.3%
Q4 2021+7.9%+9.0%+21.8%
Q3 2021+9.4%+11.2%+10.4%
Q2 2021+3.3%-3.7%+2.4%
Q1 2021+8.2%+5.9%+11.7%
Q4 2020-7.8%-3.6%-5.7%
Q3 2020+8.7%+4.2%+2.6%
Q2 2020-9.1%-20.7%-16.0%
Q1 2020+18.6%+24.1%+3.1%
Q4 2019+0.0%-4.0%-42.6%
Q3 2019+4.7%+1.3%+20.1%
Q2 2019-1.7%-4.7%-6.7%
Q1 2019-3.6%-1.4%+7.5%
Q4 2018+3.5%+2.7%-6.1%
Q3 2018+5.5%+8.6%+11.3%
Q2 2018+1.1%-7.5%-18.1%
Q1 2018+5.4%+1.1%+0.2%
Q4 2017+1.5%+2.9%+16.9%
Q3 2017-9.2%-10.5%-18.5%
Q2 2017+13.8%+9.9%+19.0%
Q1 2017-10.1%-9.1%-5.1%
Q4 2016+5.2%+1.3%-4.1%
Q3 2016+9.3%-15.2%-10.6%
Q2 2016+12.7%+10.2%-11.6%
Q1 2016+7.7%
Q4 2015-4.8%
Q3 2015-12.5%
Q2 2015+0.6%
Q1 2015+13.9%
Q4 2014-8.6%
Q3 2014-4.9%
Q2 2014+2.1%
Q1 2014-2.2%
Q4 2013+3.1%
Q3 2013+3.4%
Q1 2013-3.1%
Q2 2013-3.1%
Q4 2012-8.2%
Q3 2012-0.8%
Q2 2012+1.5%
Q1 2012+2.1%
Q4 2011+2.8%
Q3 2011-16.4%
Q2 2011-7.9%
Q1 2011+2.5%
Q4 2010+1.4%
Q3 2010-0.9%
Q2 2010+5.0%
Q1 2009+1.1%

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