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SSR Mining SSRM Exploration and evaluation

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Segments

By segment

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Puna$2.12M
Seabee$1.82M
Marigold$243K
CC&V$23K

Other financials

Income statement

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Revenue$581.8M+83.7%
Gross profit$386.7M+115%
Operating income$300.4M+181%
Net income-$106.5M-281%
EPS (diluted)$1.16+314%

Balance sheet

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Cash & equivalents$634.1M+107%
Total debt$68.4M-30.0%
Total equity$3.6B+14.6%
Total assets$5.9B+5.4%

Cash flow

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Operating cash flow$264.5M+221%
CapEx$88.8M+98.2%
Free cash flow$175.7M+368%

Valuation

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Market cap$5.87B+105%
Enterprise value$5.3B+109%
P/E25.5×+7.5×
P/S3.1×+0.9×

Profitability

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Gross margin62.4%+10.9pp
Operating margin36.7%
Net margin12.2%+4.9pp
FCF margin20.2%

Returns & leverage

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Return on equity6.8%+4.3pp
Debt / equity0.0×
Current ratio5.3×+1.4×

Where this comes from

Reported directly by SSR Mining in its filing.

Tagged under the XBRL concept ssrm:ExplorationAndEvaluation.

The source filing: SSR Mining’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000921638-26-000062
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Cost of sales (1)195,119136,641
Depreciation, depletion, and amortization30,18030,613
General and administrative expense38,48023,894
Exploration and evaluation5,3045,961
Reclamation and remediation costs6,4983,705
Other operating expense (income), net5,8169,020
Operating income (loss)300,381106,784
Other income (expense):

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is SSR Mining's exploration and evaluation?
SSR Mining (SSRM) reported exploration and evaluation of $5.3M in Q1 2026.
How has SSR Mining's exploration and evaluation changed year-over-year?
SSR Mining's exploration and evaluation decreased by 11.0% year-over-year, from $5.96M to $5.3M.
What is the long-term trend for SSR Mining's exploration and evaluation?
Over 3 years (2022 to 2025), SSR Mining's exploration and evaluation has grown at a -8.2% compound annual growth rate (CAGR), from $46.81M to $36.23M.
What does exploration and evaluation mean?
This metric represents expenditures incurred to search for, identify, and assess the economic viability of new mineral deposits. It reflects the company's commitment to long-term resource replacement and organic growth through the expansion of its mineral reserves. High levels of this spending indicate an aggressive strategy to extend mine life and discover new assets.

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