Nice Q1 report for Joes pick SSR Mining. Stock is up today
- Operating results: First quarter 2025 production was 103,805 gold equivalent ounces at cost of sales of $1,312 per payable ounce and all-in sustaining costs (“AISC”) of $1,972 per payable ounce, or $1,749 per payable ounce exclusive of costs incurred at Çöpler in the quarter. <sup>(1)</sup> First quarter operating results include contributions from Cripple Creek & Victor (“CC&V”) for the period of February 28 to March 31, 2025, reflecting the Company’s closing of the CC&V transaction on February 28, 2025.
- Financial results: In the first quarter of 2025, SSR Mining reported net income attributable to SSR Mining shareholders of $58.8 million, or $0.28 per diluted share and adjusted net income attributable to SSR Mining shareholders of $61.6 million, or $0.29 per diluted share. In the first quarter of 2025, SSR Mining generated $84.8 million in operating cash flow and $39.3 million in free cash flow. Operating cash flow and free cash flow before working capital adjustments totaled $105.0 and $59.4 million, respectively.
