SSR Mining Q4 2024 Earnings Report
Key Takeaways
SSR Mining reported a net income of $5.6 million, or $0.03 per diluted share, with adjusted net income of $21.3 million, or $0.10 per diluted share, and generated $56.4 million in free cash flow for Q4 2024. The company produced 124,154 gold equivalent ounces at a consolidated cost of sales of $1,295 per payable ounce and all-in sustaining costs (“AISC”) of $1,857 per payable ounce.
Q4 2024 production was 124,154 gold equivalent ounces at a consolidated cost of sales of $1,295 per payable ounce and AISC of $1,857 per payable ounce.
Net income attributable to SSR Mining shareholders was $5.6 million, or $0.03 per diluted share, and adjusted net income was $21.3 million, or $0.10 per diluted share.
Generated $95.0 million in operating cash flow and $56.4 million in free cash flow.
As of December 31, 2024, the Company had a cash and cash equivalent balance of $387.9 million and total liquidity of $887.5 million.
SSR Mining
SSR Mining
Forward Guidance
The company expects to provide information on its anticipated 2025 capital spend at Hod Maden with its annual guidance, which is expected within the first quarter of 2025. SSR Mining expects to provide the 2025 outlook for CC&V with its annual guidance following the close of the CC&V acquisition, which is expected within the first quarter of 2025. At this time, we are not able to estimate or predict when and under what conditions we will resume operations at Çöpler.