NASDAQ$SSRM
SSR Mining Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported consolidated financial results.
SSR Mining reported a fourth quarter attributable net loss of $217.8 million, or $1.07 per diluted share, and adjusted attributable net income of $127.1 million, or $0.59 per diluted share. Operating cash flow was $203.2 million, and free cash flow was $144.4 million. The company had a cash and cash equivalent balance of $492.4 million as of December 31, 2023.
- Çöpler Incident: Operations were suspended at Çöpler as a result of a significant slip on the heap leach pad.
- Financial results: Attributable net loss in the fourth quarter of 2023 was $217.8 million, or $1.07 per diluted share.
- Operating cash flow was $203.2 million, or $218.4 million before working capital adjustments, and free cash flow was $144.4 million, or $159.6 million before changes in working capital.
- Year-end cash and liquidity position: As of December 31, 2023, SSR Mining had a cash and cash equivalent balance of $492.4 million and a non-GAAP net cash position of $261.6 million.
Headline financials
Revenue & EPS history
SSR Mining · Revenue · Quarterly
$426M
Forward guidance
As a result of the Çöpler Incident, the Company is retracting all previously issued operating and cost guidance for Çöpler and its operations and projects in Türkiye. SSR Mining will revisit the forward-looking guidance at an appropriate future date.
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 Q4 2023
+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
| Quarter | Report date | Reaction (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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