SSR Mining reported second quarter 2026 revenue from continuing operations of $443.8 million and diluted earnings per share of $0.66, significantly beating analyst expectations. The company completed its strategic shift to the Americas, bolstering its balance sheet and accelerating capital returns.
Key Highlights
- Completed its strategic refocus to the Americas with the sale of its Çöpler mine in Türkiye for approximately $1.49 billion in cash.
- Returned $337.8 million to shareholders in the second quarter through the repurchase of 10.4 million shares and declared a quarterly cash dividend of $0.03 per share.
- Produced 101,959 gold equivalent ounces from continuing operations, remaining on track to meet full-year 2026 production guidance of 450,000 to 535,000 ounces.
- Ended the quarter with a cash balance of $1.78 billion and no long-term debt, and subsequently upsized its revolving credit facility from $400 million to $600 million.