AP NEWS
Click to copy
Click to copy

SSR Mining: 2Q Earnings Snapshot

August 8, 2019

VANCOUVER, British Columbia (AP) _ SSR Mining Inc. (SSRM) on Thursday reported second-quarter net income of $10.6 million.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring costs, came to 15 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The precious metals mining company posted revenue of $155.1 million in the period.

SSR Mining shares have climbed 40% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.90, a climb of 66% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSRM at https://www.zacks.com/ap/SSRM

All contents © copyright 2019 The Associated Press. All rights reserved.