Welcome to our dedicated page for SSR Mining news (Ticker: SSRM), a resource for investors and traders seeking the latest updates and insights on SSR Mining stock.
SSR Mining Inc., formerly known as Silver Standard Resources, is a leading Vancouver-based mining company dedicated to the operation, development, exploration, and acquisition of precious metal projects. Publicly traded under the ticker symbol SSRM on both the Nasdaq Capital Markets and the Toronto Stock Exchange, SSR Mining is a prominent player in the precious metals production industry.
SSR Mining's portfolio includes three major operations: the Marigold Gold Mine in Nevada, U.S., the Seabee Gold Operation in Saskatchewan, Canada, and the 75%-owned and operated Puna Operations Joint Venture in Jujuy Province, Argentina. The Puna Operations consist of the Pirquitas operation and the Chinchillas development project. Together, these sites highlight SSR Mining's focus on gold and silver production, with the Marigold mine being a significant source of gold and the Puna mine contributing primarily to silver production.
The company is led by an experienced management team known for their expertise in mining operations and project development. They have a proven track record of successful mine-building and operational excellence, which is reflected in SSR Mining's robust financial condition and strong balance sheet.
Besides its ongoing operations, SSR Mining has two projects in the feasibility stage and a portfolio of exploration properties across North and South America. These projects are strategically positioned to enhance the company's growth potential and ensure long-term sustainable production.
The SSR Mining team is known for its commitment to safety, operational efficiency, and environmental responsibility. Their dedication to safe and efficient production practices ensures they consistently meet production targets while maintaining high standards of environmental stewardship.
For the latest updates and detailed information about SSR Mining Inc., visit their official website or follow their press releases and financial reports.
SSR Mining Inc. (NASDAQ: SSRM) announced the results of its 2021 Annual and Special Meeting of Shareholders held on May 21, 2021. All ten director nominees were elected, with voting percentages ranging from 90.01% to 99.86%. Additionally, shareholders approved the appointment of the auditor with 96.17% support, a non-binding advisory resolution on executive compensation with 96.04%, and the company's 2021 Share Compensation Plan, which received 73.89% approval. SSR Mining focuses on gold production with assets in multiple countries, producing approximately 711,000 gold-equivalent ounces in 2020.
SSR Mining reported strong first quarter results for 2021, achieving production of 196,094 gold equivalent ounces at an AISC of $1,004 per ounce. The company generated $145.2 million in cash flows from operating activities and $77 million in free cash flow. Attributable net income was $53 million ($0.24 per share), with adjusted attributable net income of $102.4 million ($0.47 per share). A quarterly cash dividend of $0.05 per share was declared, payable June 14, 2021, alongside a $150 million share buyback program.
SSR Mining Inc. (NASDAQ: SSRM) has announced the date for its first quarter 2021 consolidated financial results release and conference call. The news release will be available on May 6, 2021, before markets open. A conference call and webcast will take place the same day at 5:00 PM EST. Investors can join the call via toll-free numbers or through a webcast link provided. SSR Mining operates four assets in the USA, Turkey, Canada, and Argentina, producing approximately 711,000 gold-equivalent ounces in 2020.
SSR Mining (NASDAQ: SSRM) has received approval from the Toronto Stock Exchange to initiate a Normal Course Issuer Bid (NCIB), allowing it to purchase up to 10 million common shares, equating to 4.5% of its total outstanding shares. As of April 9, 2021, there were 220,193,975 shares outstanding. The buyback aims to enhance shareholder value by countering market undervaluation and will be conducted over the next twelve months, starting April 21, 2021. The company has also established an automatic share purchase plan to facilitate these transactions efficiently.
SSR Mining reported a 14% increase in Measured and Indicated Gold Mineral Resources, totaling 15.0 million ounces as of December 31, 2020. Gold Mineral Reserves rose by 5% to 8.0 million ounces, primarily due to growth at Çöpler. The Çöpler District saw a 17% rise in Mineral Reserves to 3.8 million ounces, attributed to expanded pit designs and improved cost structures. Other highlights include a 9% increase in Marigold's Indicated Mineral Resources and continued resource replacement at Seabee. Financial metrics were estimated at gold prices of $1,350/oz and $1,750/oz for reserves and resources, respectively.
SSR Mining Inc. (NASDAQ: SSRM) has appointed Alison White as the new Executive Vice President and Chief Financial Officer, effective at the end of March 2021. Ms. White brings extensive experience from her previous role at Newmont Mining as Regional Chief Financial Officer for North America and has held various leadership positions across multiple industries. SSR Mining extends gratitude to outgoing CFO Greg Martin for his nine years of service. The company is focused on generating free cash flow with four producing assets across North America, Turkey, Canada, and Argentina, producing approximately 711,000 gold-equivalent ounces in 2020.
SSR Mining Inc. reported strong financial results for Q4 2020, driven by operational momentum and the completion of the Alacer merger. The company produced 220,000 gold-equivalent ounces at an All-in Sustaining Cost (AISC) of $976 per ounce, generating $157 million in free cash flow. Fourth-quarter revenue reached $152 million, with an adjusted attributable EPS of $0.50 per share. SSR Mining also declared its first quarterly dividend of $0.05 per share and expects to sustain production between 700,000 to 800,000 gold-equivalent ounces over the next five years.
SSR Mining declared a quarterly cash dividend of US$0.05 per common share, payable on March 31, 2021. Shareholders on record by March 5, 2021 are eligible. This dividend qualifies as an 'eligible dividend' for Canadian income tax. The announcement includes key dates for processing conversions of shares and CDIs, with CDIs trading ex-dividend on March 4, 2021. Payments to Canadian shareholders will be made in Canadian dollars, while others will receive payments in US dollars. Non-resident withholding tax at 25% applies unless a tax treaty is in place.
SSR Mining Inc. (NASDAQ: SSRM) has announced the date for its fourth quarter and year-end 2020 consolidated financial results, which will be released on February 17, 2021, before market opening. A conference call is scheduled for the same day at 5:00 pm EST. The company produced approximately 711,000 gold-equivalent ounces in 2020 from its four operating assets across the USA, Turkey, Canada, and Argentina. Investors can access the conference call via toll-free numbers and a webcast available on SSR Mining's website.
FAQ
What is the current stock price of SSR Mining (SSRM)?
What is the market cap of SSR Mining (SSRM)?
What does SSR Mining Inc. do?
Where is SSR Mining Inc. headquartered?
What are the main operations of SSR Mining?
What metals does SSR Mining primarily produce?
What is the ticker symbol for SSR Mining Inc.?
On which stock exchanges is SSR Mining listed?
Who leads SSR Mining Inc.?
What are SSR Mining's future projects?
How does SSR Mining ensure safe production?
Where can I find the latest news on SSR Mining Inc.?
