SSR Mining Inc (SSRM) saw its shares surge 5.47% in pre-market trading on Wednesday, after reporting solid fourth quarter and full-year 2024 results, supported by robust operational performance and optimism for future growth.

The key highlights contributing to the stock's rally include:

• Strong Q4 gold equivalent production of 124,000 ounces and full-year production of 399,000 ounces, with the Puna mine achieving record silver production of 10.5 million ounces.
• Increased consolidated reserves of 8 million gold equivalent ounces, up 3% year-over-year after depletion, driven by additions at Marigold and exploration success across the portfolio.
• The acquisition of the Cripple Creek & Victor Mine from Newmont, which is expected to boost scale, free cash flow, and portfolio diversification.
• Positive progress towards a potential restart of operations at the Copler mine in Turkey, with ongoing discussions with regulators and remediation efforts nearing completion.
• A strong financial position with $388 million in total cash and a net cash position of $158 million, providing liquidity for future investments and growth initiatives.

Looking ahead, SSR Mining has several catalysts on the horizon in 2025, including delivering an updated life-of-mine plan for the newly acquired Cripple Creek & Victor Mine, advancing the Hod Maden project toward a construction decision, and continued exploration and resource development across its portfolio.