Ssr Mng Inc - SSRM STOCK NEWS

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.

SSR Mining announced its full year 2020 production results, achieving approximately 711,000 gold-equivalent ounces. The company anticipates 2021 production between 720,000 and 800,000 gold-equivalent ounces at all-in sustaining costs of $1,050 to $1,110 per ounce. President Rod Antal highlighted the transformative year following the Alacer Gold merger and the commitment to generating free cash flow while optimizing assets. Key operational catalysts and growth initiatives are planned, including significant capital expenditures for each operational site.