SSR Mining is Set to Report Q2 Earnings: Here's What to Expect

Core Insights - SSR Mining Inc. (SSRM) is expected to report a significant year-over-year improvement in earnings for Q2 2025, with an estimated EPS of $0.23, reflecting a 475% increase from $0.04 in Q2 2024 [1][4]. Earnings Performance - The Zacks Consensus Estimate for SSR Mining's earnings for Q2 2025 is pegged at 23 cents per share, which is a notable increase from the previous year [1]. - SSR Mining has a trailing four-quarter earnings surprise of 58.78%, having beaten estimates in two of the last four quarters [2][3]. Production and Operations - SSR Mining reported a 2% year-over-year increase in gold equivalent production for Q1 2025, totaling 103,805 ounces, with significant contributions from the recently acquired Cripple Creek & Victor (CC&V) mine [6][7]. - The CC&V mine contributed 11,282 ounces of gold to production despite being integrated for only one month during the quarter [7]. - Gold production at the Marigold mine increased by 11% year-over-year to 38,586 ounces, while Seabee produced 26,001 ounces, up 9% year-over-year [8][9]. - The Puna mine produced 2.5 million ounces of silver, marking a 31% increase year-over-year [9]. Market Conditions - Gold prices averaged around $3,301.42 per ounce in Q2 2025, reflecting a 41% year-over-year increase, driven by various economic factors including geopolitical tensions and strong demand from central banks [11]. - Despite operational challenges at the Çöpler mine, SSR Mining projects total gold production between 320,000 and 380,000 ounces in 2025, with an overall forecast of 410,000-480,000 ounces when including silver output [10][12]. Stock Performance - Year-to-date, SSRM shares have gained 71.2%, significantly outperforming the industry growth of 12.2% and the Basic Materials sector's rise of 8.9% [13].