SSR Mining: 2Q Earnings Snapshot
VANCOUVER, British Columbia (AP) _ SSR Mining Inc. (SSRM) on Thursday reported second-quarter net income of $10.6 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring costs, came to 15 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The precious metals mining company posted revenue of $155.1 million in the period.
SSR Mining shares have climbed 40% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.90, a climb of 66% in the last 12 months.