"SSR Mining Forecasts Production Surge to Nearly 800,000 Ounces by 2027 with AISC Target of $1,300 Per Ounce"

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Source: Yahoo Finance
"SSR Mining Forecasts Production Surge to Nearly 800,000 Ounces by 2027 with AISC Target of $1,300 Per Ounce"
Photo: Yahoo Finance
TL;DR Summary

SSR Mining issues multi-year guidance and technical reports for all operating assets, projecting production growth approaching 800,000 ounces by 2027 at AISC trending towards $1,300 per ounce. The company's total 5-year production is expected to increase by 4% over prior life of mine plans to 3.1 million ounces gold equivalent, and by 9% including contributions from the Hod Maden acquisition. SSR Mining anticipates positive free cash flow in 2024 and aims to maintain its peer-leading capital returns yield and overall returns strategy. The company's technical reports indicate a corporate net asset value based on mineral reserve-only reports of over $3 billion, increasing to over $4 billion at spot commodity prices.

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