SSR Mining: 1Q Earnings Snapshot
VANCOUVER, British Columbia (AP) _ SSR Mining Inc. (SSRM) on Thursday reported first-quarter earnings of $24 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 19 cents. Earnings, adjusted for non-recurring costs, came to 31 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The precious metals mining company posted revenue of $164.5 million in the period.
SSR Mining shares have dropped almost 3% since the beginning of the year. The stock has climbed 71% in the last 12 months.