SSR Mining Stock Jumps as Q4 Earnings Beat Expectations
Shares of SSR Mining Inc (NASDAQ: SSRM) surged 5.6% in after-hours trading on Tuesday after the gold producer reported fourth-quarter results that significantly exceeded analyst expectations, driven by strong production and higher precious metal prices.
The mining company posted adjusted earnings of $0.88 per share for the fourth quarter, substantially outperforming the analyst consensus of $0.60. Revenue reached $521.72 million, well above the expected $465.4 million. The company also generated $172.1 million in operating cash flow and $106.4 million in free cash flow during the quarter.
For the full year 2025, SSR Mining produced 447,207 gold equivalent ounces, surpassing the midpoint of its annual production guidance range of 410,000 to 480,000 ounces. The company ended the year with a cash position of $534.8 million.
“Fourth quarter 2025 marked a strong finish to the year as we delivered consolidated full-year production above the midpoint of our guidance range,” said Executive Chairman Rod Antal. “This operational performance allowed us to benefit from strong metal prices through year-end.”
Looking ahead, SSR Mining issued 2026 production guidance of 450,000 to 535,000 gold equivalent ounces, representing a 10% year-on-year increase at the midpoint. The company expects consolidated cost of sales between $1,560 and $1,640 per payable ounce and all-in sustaining costs (AISC) of $2,360 to $2,440 per payable ounce.
In a move to return capital to shareholders, SSR Mining’s Board of Directors approved a share repurchase program of up to $300 million. The company also reported a significant increase in its mineral reserves, totaling 11 million gold equivalent ounces at the end of 2025 — nearly a 40% year-on-year increase.