SSR Mining (TSE:SSRM) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$257.4m (down 33% from 3Q 2023).
• Net income: US$10.6m (down 30% from 3Q 2023).
• Profit margin: 4.1% (up from 3.9% in 3Q 2023).
• EPS: US$0.05 (down from US$0.074 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

SSR Mining Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 56%.

Looking ahead, revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 16%.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 15% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of SSR Mining's balance sheet and an in-depth analysis of the company's financial position.

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