Trade SSR Mining Inc - SSRM CFD

SSR Mining Company profile

About SSR Mining Inc

SSR Mining Inc. is a mining company. The Company is focused on the operation, development, exploration and acquisition of precious metal projects. Its segments include Marigold mine, Seabee Gold Operation, Puna Operations and Exloration, evaluation and development properties. The Marigold mine is in Humboldt County, Nevada, United States on the Battle Mountain-Eureka trend. Seabee Gold Operation is in Northern Saskatchewan, Canada approximately 125 kilometers northeast of the town of La Ronge. Its Puna Operations is comprised of the Chinchillas mine and the Pirquitas property, which includes the Pirquitas processing facilities. Puna Operations is located in the Jujuy Province, Argentina. The Chinchillas mine is a silver-lead-zinc deposit. Its operations also include development and explorations projects, such as San Luis and Pitarrilla project, Amisk and Sunrise Lake projects.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SSR Mining Inc revenues increased 73% to $1.47B. Net income increased from $151.5M to $368.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Care and maintenance expense decrease from $29.6M (expense) to $0K, Transaction and integration expense decrease of 46% to $11.2M (expense).

Equity composition

Common Stock no Par, 05/11, unlim. auth., 78,818,726 issd. Insiders own 1.29%. Private Placement FY'97, 680K shares @C$5. Private Placement FY'98, 630K warrants @ C$5.50. Private Placements 4/99, 1,108,091 shares @ C$1.40. Private Placement 7/99, 220K shares @ C$1.40.