SSR Mining Reports Third Quarter 2026 Results
Key Highlights
- ➤SSR Mining (SSRM) produced 103,585 GEOs in Q3; 2026 guidance remains 450,000-535,000 GEOs
- ➤Full-year 2026 AISC expected approximately 10% above guidance's upper end
- ➤Q3 adjusted net income reached $130.7 million, or $0.64 per diluted share
- ➤SSR Mining held $1.6 billion cash, no long-term debt, and $2.2 billion total liquidity
- ➤Share buybacks exceeded $530 million through nine months; 2026 capital-return yield approximately 10%
Expert Statements
Rod Antal, Executive Chairman of SSR Mining
“Over the last few months, we have delivered a number of positive milestones designed to create long-term value for shareholders and affirm SSR Mining as a free-cash-flow-focused gold and silver producer in the Americas. This includes completing our exit from Türkiye with the Çöpler and Hod Maden divestments, delivering an improved, multi-decade mine plan for Marigold, and announcing an agreement to acquire the Converse Project in Nevada to further bolster our U.S. platform. Operationally, we remain on track for full-year production guidance with steady third quarter results ahead of a strong fourth quarter. Although costs are trending approximately 10% above the top end of our original guidance ranges, we expect robust free cash flow into year-end. Overall, we continue to see significant latent value in our share price. Our consistent and ongoing activity on the share buyback program should demonstrate our confidence in this upside.”
SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") reports consolidated financial results for the third quarter ended September 30, 2026. In addition, the Board of Directors declared a quarterly cash dividend of $0.03 per common share payable on December 11, 2026, to holders of record at the close of business on November 13, 2026. This dividend qualifies as an 'eligible dividend' for Canadian tax purposes.
* Consolidated operating results from continuing operations: Third quarter 2026 production was 103,585 gold equivalent ounces at consolidated cost of sales of $1,755 per payable ounce and all-in sustaining costs (“AISC”) of $2,527 per payable ounce.((1,2)) In the first nine months of 2026, the Company produced 315,459 gold equivalent ounces at consolidated cost of sales of $1,751 per payable ounce and AISC of $2,523 per payable ounce. Year-to-date results remain aligned with full-year 2026 production guidance of 450,000 to 535,000 gold equivalent ounces and the Company’s expectations of strong fourth quarter results. At Puna, the Company continues to identify additional ore that supports potential mine life extension, resulting in resequencing that defers lower-cost production from stockpiled ore that was planned to be processed in 2026. This decision, combined with higher royalty costs, persistent diesel price pressures and broader labor and input cost inflation, is expected to result in full-year AISC trending approximately 10% above the upper end of the Company’s 2026 guidance.
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