News · Yahoo Finance

What Silver Standard Resources (SSRM) Said on Its Q3 Earnings Call

SSR Mining (NASDAQ: SSRM) produced nearly 104,000 gold-equivalent ounces in the third quarter and remains on track to meet full-year production guidance, but expects all-in sustaining costs to end about 10% above the top of its guidance range due to Puna mine-plan changes, higher royalties, diesel, labor and supplies. Quarterly revenue was $448 million and free cash flow before working-capital changes was about $111 million; at quarter-end, the company held $1.6 billion in cash, no debt and $2.2 billion in total liquidity. An updated Marigold plan extends the mine's reserve life to 2040, while the planned Converse acquisition could add 150,000–170,000 ounces of annual gold production from the early 2030s. In the first nine months of 2026, the company repurchased nearly 17 million shares and reinstated its dividend.

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