SSR Mining Reports Q3 2026 Revenue Growth Driven by Higher Metal Prices
SSR Mining (SSRM) reported strong third-quarter 2026 financial results, with revenue rising to $447.7 million from $385.8 million in the prior year period. This growth was primarily driven by significantly higher realized metal prices, including gold at $4,247 per ounce and silver at $58.39 per ounce. Adjusted net income also saw a notable increase to $130.7 million, or $0.64 per diluted share. Despite the revenue gains, the company faces mounting cost pressures. Consolidated All-In Sustaining Costs (AISC) rose to $2,527 per gold equivalent ounce due to global inflation and diesel prices. Management revised AISC guidance upward by approximately 10% above previous estimates and warned of further headwinds once diesel hedges expire. However, the company maintains a strong liquidity position with $1.6 billion in cash and no long-term debt.
Topics: AISC guidance earnings report gold production revenue growth share repurchases