SSR Mining(US:SSRM) ZACKSยท2025-07-10 15:11Core Insights - SSR Mining Inc. (SSRM) reported a 2% year-over-year increase in gold equivalent production for Q1 2025, totaling 103,805 ounces, driven by contributions from the newly acquired Cripple Creek & Victor (CC&V) mine [1][10] - The CC&V mine contributed 11,282 ounces of gold in its first month of integration, with 2025 production guidance set between 90,000 and 110,000 ounces [2] - SSRM's overall production guidance for 2025 is projected between 320,000 and 380,000 ounces of gold, with total gold equivalent production forecast at 410,000-480,000 ounces, reflecting a 10% increase over 2024 levels [6] Production Highlights - At the Marigold mine, gold production increased by 11% year-over-year to 38,586 ounces, with full-year guidance set at 160,000-190,000 ounces [3] - Seabee produced 26,001 ounces of gold in Q1, up 9% year-over-year, with full-year guidance maintained at 70,000-80,000 ounces despite a temporary suspension due to power disruptions [4] - The Puna mine produced 2.5 million ounces of silver, marking a 31% increase year-over-year, with 2025 production guidance set at 8.00-8.75 million ounces [5] Market Performance - SSRM shares have gained 77.9% year-to-date, significantly outperforming the industry growth of 12.2% and the Basic Materials sector's rise of 11.9% [9] - SSR Mining is currently trading at a forward 12-month price-to-earnings multiple of 7.46X, compared to the industry average of 14.27X [11] Earnings Estimates - The consensus estimate for 2025 earnings is $1.22 per share, indicating a year-over-year surge of 335.7%, with an estimate for 2026 of $2.02, reflecting a 66% increase [12] - The Zacks Consensus Estimate for SSR Mining's earnings for 2025 has increased by 48.8% over the past 60 days [12]