What were the key takeaways from SSR Mining's earnings call?

What does SSR Mining do and what are its main business segments?

What is the revenue and EPS growth rate for SSR Mining year over year?

What is SSR Mining's gross profit margin?

What were the key takeaways from SSR Mining’s earnings call?

What is the market's earnings forecast for SSR Mining next quarter?

What is SSR Mining's latest dividend and current dividend yield?

What factors drove the changes in SSR Mining's revenue and profit?

- **Q3 Financial Resilience**: $72M free cash flow supports $409M liquidity, offsetting higher royalties. 
- **Operational Momentum**: Marigold/CC&V driving Q4 production, despite Seabee grade challenges. 
- **Strategic Focus**: Independent project timelines for Hod Maden and Çöpler, disciplined M&A in core geographies.

**【CEO Summary Section】**
- Q3 2025 production of 103,000 gold equivalent ounces, tracking to the lower half of full year guidance (410,000-480,000 oz). Higher royalties and share-based compensation push AISC to the top of guidance range. Free cash flow before working capital adjustments was $72 million, supporting $409 million in cash and $900 million in total liquidity.

**【CFO Financial Commentary】**
- Q3 revenue of $420 million, with Non-GAAP EPS of $1.08 exceeding expectations. Strong cost control achieved 5% YoY decline in operating expenses. Free cash flow generation supports Hod Maden's $17 million Q3 capital spend, aligning with $60-100 million full year growth capital guidance.

**【Operations Update】**
- Marigold (36,000 oz, AISC $1,840/oz) and Cripple Creek & Victor (30,000 oz, AISC $1,756/oz) drove Q3 performance. Buffalo Valley at Marigold and Cortaderas at Puna showed promising drill results for mine life extensions. Hod Maden advanced $17 million in pre-construction activities, with a construction decision expected in coming months.

**【Q&A Highlights】**
- Q4 production strength expected from Marigold and CC&V, with ore blending strategiesU management to mitigate fines impact. Seabee's lower grades due to Gap Hanging Wall development, with Q4 production improving incrementally. Çöpler restart discussions with Turkish regulators ongoing, independent of Hod Maden's construction decision. M&A strategy remains disciplined, focused on core jurisdictions (Canada, US, Argentina, Turkey).

SSR Mining Inc.(SSRM)-20251105-2025 Q3 Earnings call transcript

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Marigold Mine

Seabee Gold Operation

Pirquitas Mine

Cripple Creek and Victor Gold Mining Company

Turkey

Canada

United States

Argentina

SSRM

SSRM fundamentals

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