SSR Mining Reports Third Quarter 2026 Results
Q3 2026 EPS $0.46 GAAP, $0.64 adjusted; AISC $2,527/oz, Puna costs seen ~10% above 2026 guidance top end, $1.6B cash, Roxmore deal.
What this release says
SSR Mining reported third quarter 2026 results, with net income of $94.8 million ($0.46 per diluted share) and adjusted net income of $130.7 million ($0.64 per diluted share). The company also declared a $0.03 per share quarterly dividend, payable December 11, 2026. For a shareholder, the release points to higher costs at Puna, with full-year AISC now expected to trend about 10% above the top of guidance, while the company still holds $1.6 billion in cash and no long-term debt.
Key figures
- Q3 net income
- $94.8 million
- Q3 adjusted net income
- $130.7 million
- Q3 free cash flow
- $5.8 million
- Cash and equivalents
- $1.6 billion
- Quarterly dividend
- $0.03 per common share
- Q3 AISC
- $2,527 per payable ounce
Positive for shareholders
- Cash of $1.6 billion and no outstanding long-term debt as of September 30, 2026.
- Company completed $193.6 million in share buybacks in the third quarter.
- A quarterly cash dividend of $0.03 per share was declared, and it qualifies as an eligible dividend for Canadian tax purposes.
- Management expects robust free cash flow into year-end and a strong fourth quarter.
Negative for shareholders
- Full-year AISC is expected to trend approximately 10% above the upper end of 2026 guidance.
- Puna production was resequenced, deferring lower-cost stockpiled ore, alongside higher royalty costs and diesel price pressure.
- Third quarter free cash flow was only $5.8 million, far below operating cash flow of $106.0 million.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- AISC:
- All-in sustaining costs, a measure of the total cost to produce an ounce of gold including sustaining capital and other ongoing expenses.
- Gold equivalent ounces:
- A way of combining gold and other metal production into a single figure expressed as the gold-equivalent amount.
- Eligible dividend:
- A dividend designated under Canadian tax rules that receives more favorable tax treatment for Canadian shareholders.
- Adjusted net income:
- Net income with certain significant but non-recurring items removed to show the underlying operating performance.
FAQ
Did SSR Mining keep its 2026 production guidance?
The release says year-to-date results remain aligned with full-year production guidance of 450,000 to 535,000 gold equivalent ounces. Costs, however, are expected to run about 10% above the top of the guidance range.
What is the dividend SSR Mining declared?
The board declared a quarterly cash dividend of $0.03 per common share, payable December 11, 2026, to holders of record at the close of business on November 13, 2026.
What is the Roxmore Resources acquisition?
SSR Mining agreed on October 13, 2026 to acquire Roxmore Resources in an all-cash deal for its Converse Gold Project, which is expected to close in the fourth quarter of 2026 subject to customary conditions including court approval.
Historical context for SSRM
Across the 26 sessions after earlier SSRM headlines, the stock closed higher 13 times and lower 12 times, with a median move of 4.7% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | SSRM | SPY |
|---|---|---|---|
| Oct 13, 2026 | SSR Mining Announces the Acquisition of Roxmore Resourcesand 1 other headline that session | -6.6% | -0.0% |
| Oct 7, 2026 | SSR Mining to Announce Third Quarter 2026 Consolidated Financial Results November 3, 2026 | -4.5% | -0.2% |
| Aug 5, 2026 | SSR Mining Reports Second Quarter 2026 Results | +9.1% | -0.2% |
| Jul 17, 2026 | SSR Mining Completes the Sale of Its 20% Equity Interest in Hod Maden | -1.2% | -1.0% |
| Jul 8, 2026 | SSR Mining to Announce Second Quarter 2026 Consolidated Financial Results August 4, 2026 | -5.7% | -0.3% |
| Jun 25, 2026 | SSR Mining Completes the Sale of the Çöpler Mine | +0.4% | +0.1% |
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Precious Metals
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