SSR Mining Q4 Earnings: Losing Money At Record Highs
The mid tier producers have begun to report their fourth quarter financial results and despite multi-billion dollar market caps, well, few people seem to actually care. At least on social media.
Trading is another story, and as it currently sits, the latest to report is down following their earnings release. Because they failed to reach consensus estimates despite this gift of a gold environment. A mining name failing to meet expectations. Totally unexpected, right?
The latest name to disappoint is that of SSR Mining (TSX: SSRM), who failed to hit consensus earnings per share estimates for the fourth quarter. They did, however, manage to blow revenue targets out of the water.
Lets dive in.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
