Wednesday, August 27, 2025

SSR Mining Posts US$322.8 Million In Revenue For Q3 2021

SSR Mining Inc. (TSX: SSRM) reported today its financial results for the third quarter of 2021, highlighting a quarterly revenue of US$322.8 million. This is a decline from Q2 2021’s revenue of US$377.0 million but an increase from Q3 2020’s revenue of US$225.4 million.

The gross margin for the quarter came in at 37.9%, down from last quarter’s 41.1% but up from last year’s 36.9%. Further down, net income increased to US$62.5 million from last quarter’s US$51.6 million and last year’s US$25.1 million. The quarterly net income translates to US$0.26 earnings per diluted share. 

The company ended the quarter with US$862.8 million in cash and cash equivalents, putting the balance of current assets at US$1.5 billion. Meanwhile, current liabilities came in at US$232.9 million.

The mining firm also produced a total of 186,941 gold equivalent ounces at an AISC of US$1,006 per ounce, up from last year’s 107,556 ounces at an AISC of US$1,034. The firm reiterates that its year-to-date production of 583,316 gold equivalent ounces is on track to meet the 2021 guidance. However, the AISC guidance is being lowered to US$1,000 – US$1,040 per gold equivalent ounce after year-to-date AISC of US$990 per ounce still falls below the previous guidance.

SSR Mining Inc. last traded at $19.40 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Nord Precious Metals Identifies 29 Veins At Castle East Following 3D Modeling

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

Related News

Mike McGlone: Bitcoin Is Replacing Gold – The Daily Dive

On this episode of the Daily Dive, Cassandra sits down with returning guest Mike McGlone,...

Friday, August 20, 2021, 01:30:00 PM

South Korea Mint Suspends Gold Sales as Prices Hit Record

Trading volumes jump as global markets tighten...
Wednesday, February 12, 2025, 10:24:00 AM

Central Banks Buy Record Amount Of Gold In Q3

Central Banks bought more gold than ever last quarter, according to the World Gold Council’s...

Wednesday, November 2, 2022, 04:32:00 PM

Wesdome Drills 41.2 G/T Gold Over 51.2 Metres At New High-Grade Zone

Wesdome Gold Mines Ltd. (TSX: WDO) announced today the drilling results from the recently discovered...

Wednesday, May 19, 2021, 09:04:18 AM

Condor Gold Begins 1,700 Meter Drill Program At The La India Open Pit

Condor Gold (TSX: COG) today announced that the company has commenced a 1,700 meter infill...

Tuesday, June 15, 2021, 07:58:51 AM