SSR Mining Q2 adjusted EPS misses analyst expectations
SSRM•Outlook
- SSR Mining maintains 2026 production guidance of 450,000-535,000 gold equivalent ounces
- Company expects full-year AISC to trend toward top end of 2026 guidance
- SSR Mining increases 2026 growth capital guidance at Marigold, CC&V, Seabee, and Puna
Overview
- US gold and silver miner's Q2 revenue slightly missed, adjusted EPS missed analyst expectations
- Company completed Americas-focused strategic refocus with Çöpler and Hod Maden sales
- SSR Mining returned $337.8 mln via share buybacks and declared a quarterly dividend
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Slight Miss* | $443.80 mln | $447.24 mln (1 Analyst) |
| Q2 Adjusted EPS | Miss | $0.66 | $0.75 (5 Analysts) |
| Q2 Adjusted Net Income | Miss | $137.01 mln | $155.34 mln (1 Analyst) |
| Q2 Net Income | $92.44 mln | ||
| Q2 Operating Income | $191.68 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell". The average consensus recommendation for the gold peer group is "buy". Wall Street's median 12-month price target for SSR Mining Inc is $40.21, about 49% above its August 3 closing price of $26.99. The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago.
