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SSR Mining(SSRM) - 2024 Q3 - Earnings Call Presentation
2024-11-07 09:55
业绩总结 - 2024年第三季度,净收入为630万美元,归属于股东的净收入为1,060万美元[16] - 2024年第三季度,自由现金流为负3,410万美元,自2024年初以来的自由现金流为负1.598亿美元[16] - 2024年前九个月,净损失为266,832千美元,而2023年同期的净收入为119,838千美元[43] - 2024年前九个月,调整后的净收入为36,325千美元,较2023年的149,417千美元下降了75.7%[43] - 2024年第三季度,稀释后每股净收入为0.05美元,较2023年的0.07美元下降了28.6%[43] - 2024年第三季度,基本每股净收入为0.03美元,较2023年的0.26美元下降了88.5%[43] 生产与成本 - 2024年第三季度,合并生产为97,429盎司黄金当量,销售成本为每盎司1,438美元,综合维持成本(AISC)为每盎司2,065美元[11] - Marigold矿区生产48,200盎司黄金,销售成本为每盎司1,573美元,AISC为每盎司1,828美元[11] - Seabee矿区生产10,300盎司黄金,销售成本为每盎司1,280美元,AISC为每盎司2,301美元[11] - Puna矿区生产2,900,000盎司白银,销售成本为每盎司16.06美元,AISC为每盎司15.37美元[11] - 2024年预计黄金产量为155到175千盎司,矿山现场销售成本预计为每盎司1450到1480美元,AISC为每盎司1650到1680美元[18] - 2024年全年的银生产指导提高至1000万到1050万盎司,矿山现场销售成本为每盎司16.50到18.00美元,AISC为每盎司14.75到16.25美元[26] 现金流与流动性 - 截至2024年9月30日,现金及现金等价物余额为3.343亿美元,净现金为1.043亿美元[12] - 2024年第三季度,流动性总额为8.34亿美元,且没有近期债务承诺[15] - 预计Marigold、Seabee和Puna矿区将在2024年第四季度产生强劲的资产级自由现金流[15] 负面信息 - 由于森林火灾,Seabee矿于8月21日暂时停产,9月23日员工返回现场,10月11日恢复生产[24] - 2024年第三季度,因Çöpler事件产生的影响为1,939千美元的损失[43] - 2024年前九个月,因Çöpler事件的影响总计为319,981千美元[43] - 2024年前九个月,因通货膨胀影响的税务调整为11,652千美元[43] - 2024年第三季度,长期资产减值损失为369千美元,较2023年的2,637千美元下降了86.0%[43] 未来展望 - 第四季度预计将是Marigold矿的最佳生产季度,成本最低[18] - 2024年现金成本(非GAAP)预期为Marigold 235-250百万美元,Seabee 70-80百万美元,Puna 120-135百万美元[40] - 2024年AISC(非GAAP)预期为Marigold 275-290百万美元,Seabee 121-131百万美元,Puna 150-165百万美元[40]
SSR Mining(SSRM) - 2024 Q3 - Earnings Call Transcript
2024-11-07 09:54
财务数据和关键指标变化 - 第三季度2024年生产了97,000盎司黄金当量,所有维持成本为每盎司2,065美元,其中包括在Çöpler和Seabee的现金维护成本约为每盎司252美元 [15] - 第三季度每股可归属净收入为0.05美元,调整后的每股净收入为0.03美元,主要反映了本季度记录的少量税收和外汇收益的排除 [17] - 第三季度现金流为负100万美元,自4月1日以来的总修复支出为1.033亿美元 [18] 各条业务线数据和关键指标变化 - Marigold在第三季度生产了48,000盎司,预计全年生产指导为155,000至175,000盎司,但由于更高的特许权使用费和维护成本,预计全年成本将增加 [20][21] - Seabee在第三季度生产了10,000盎司,因森林火灾于8月21日暂停运营,预计全年生产指导为65,000至70,000盎司,AISC为每盎司17.25至17.55美元 [22][23] - Puna在第三季度生产了290万盎司银,预计2024年生产量为1000万至1050万盎司,AISC为每盎司15.37美元,显示出显著的自由现金流 [25] 各个市场数据和关键指标变化 - Çöpler的修复和控制工作预计成本在2.5亿至3亿美元之间,预计需要24至36个月完成 [12] - 由于Çöpler事件,Seabee的生产受到影响,导致其全年生产指导下调 [22] 公司战略和发展方向和行业竞争 - 公司在Çöpler事件后设定了四个关键优先事项,包括恢复失踪同事、现场控制和修复、调查堆浸失败的根本原因以及准备Çöpler矿的重启 [8][27] - 公司继续推进Hod Maden项目,预计将在明年初提供2025年资本支出的更新 [28] 管理层对经营环境和未来前景的评论 - 管理层对Çöpler的修复进展表示满意,所有失踪同事已被找到,且现场的控制基础设施已成功安装 [9][10] - 管理层对第四季度的生产和自由现金流生成持乐观态度,认为公司在财务上处于强势地位 [19] 其他重要信息 - Çöpler的修复工作已花费1.033亿美元,第三季度支出为4800万美元 [12][18] - 预计Çöpler矿的初步运营将在所有监管批准恢复后20天内重启 [15] 问答环节所有提问和回答 问题: 关于Çöpler修复的进展 - 管理层表示,Çöpler的修复工作正在进行中,所有材料已从Sabrl Valley移出,正在与政府讨论永久存储设施的设计和位置 [33] 问题: 关于重启的EIA - 管理层确认,重启将基于2014年的EIA,限制为每天6000吨的处理能力 [36] 问题: 重启是否需要等待所有修复完成 - 管理层表示,重启不必等到所有修复工作完成,但修复工作的进展有助于与政府的对话 [39]
SSR Mining(SSRM) - 2024 Q3 - Quarterly Results
2024-11-07 05:17
News Release November 6, 2024 SSR MINING REPORTS THIRD QUARTER 2024 RESULTS DENVER - SSR Mining Inc. (Nasdaq/TSX: SSRM, ASX: SSR) ("SSR Mining" or the "Company") reports consolidated financial results for the third quarter ended September 30, 2024, as well as an update on the February 13, 2024 incident at the Çöpler mine (the "Çöpler Incident" or the "Incident"). Çöpler Update Following the Çöpler Incident, the Company focused on four key priorities: (1) the recovery of our missing colleagues; (2) containme ...
SSR Mining(SSRM) - 2024 Q3 - Quarterly Report
2024-11-07 05:16
财务表现 - 2021年第四季度营收为 1.33 亿美元,同比增长 20%。[1] - 2021年全年营收为 4.63 亿美元,同比增长 25%。[1] - 2021年第四季度毛利率为 77.4%,同比提高 1.1 个百分点。[1] - 2021年全年毛利率为 77.6%,同比提高 1.2 个百分点。[1] 业务发展 - 公司在 2021 年第四季度新增了 1,200 家付费客户,总付费客户数达到 15.4 万家。[1] - 公司在 2021 年全年新增了 5,800 家付费客户。[1] - 公司在 2021 年第四季度的平均每客户年度合同价值(ARPC)为 3,270 美元,同比增长 8%。[1] - 公司在 2021 年全年的平均每客户年度合同价值(ARPC)为 3,010 美元,同比增长 6%。[1] 未来展望 - 公司预计 2022 年全年营收将达到 5.3 亿美元至 5.4 亿美元,同比增长 15% 至 17%。[1] - 公司预计 2022 年全年非 GAAP 净利润率将达到 20% 至 21%。[1] - 公司计划在 2022 年继续加大在产品创新、销售和营销以及国际市场拓展等方面的投入。[1]
Should You Buy, Sell, or Hold SSRM Stock Before Q3 Earnings Release?
ZACKS· 2024-11-05 03:00
SSR Mining Inc. (SSRM) is slated to report third-quarter 2024 results on Nov. 6, after market close. SSRM is anticipated to deliver a year-over-year decline in earnings in the quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for SSR Mining’s earnings for the third quarter is pegged at 15 cents per share, suggesting a 42% plunge from that reported in the third quarter of 2023. The estimate has moved down 28.57% over the past 60 days.  Image Source: ...
SSR Mining Declines 39% YTD: How Should You Play the Stock Now?
ZACKS· 2024-10-24 02:00
SSR Mining Inc. (SSRM) has plunged 39.3% year to date against the industry’s decline of 10.7%. Meanwhile, the Zacks Basic Materials sector and the S&P 500 have gained 2.2% and 22.7%, respectively.The SSRM stock was dealt a significant blow by a major slip on the heap leach pad at the Çöpler mine on Feb. 13, 2024. Therefore, operations had to be suspended. This incident led to a 54% plunge in its share price in a day. Even though SSRM stock has picked up gradually, it has not resumed the pre-Çöplerincident p ...
SSRM vs. BHP: Which Stock Is the Better Value Option?
ZACKS· 2024-10-09 00:48
Investors looking for stocks in the Mining - Miscellaneous sector might want to consider either SSR Mining (SSRM) or BHP (BHP) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies ...
SSR Mining to Restart its Seabee Mine Operations in October
ZACKS· 2024-09-24 22:51
SSR Mining Inc. (SSRM) announced that its Seabee mine operations will resume in the second half of October, following a temporary suspension on Aug. 21, 2024. SSR Mining's Restart and Recovery Efforts Following the neighboring forest fire in August, the company's employees were evacuated from the premises. The fire impacted remote equipment such as power poles, pipes and exploration equipment. The process plant and the Santoy mine were not materially affected by the incident. The fire risk has been greatly ...
SSR Mining: The Game May Not Be Over At Çöpler
Seeking Alpha· 2024-09-10 20:49
Monty Rakusen Thesis In February 2024, SSR Mining (NASDAQ:SSRM) suspended all operations at Çöpler following a significant slip on the oxide leach pad which accounted for roughly 11.0% of Çöpler's total production in 2023. The share price fell by 53.5% on the announcement date and has been languishing since. The company's enterprise value is now around $900 million or roughly equal to $122.6 per proven and probable gold ounce and that excludes the silver reserves located at Puna and other resources like tho ...
SSRM vs. WPM: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-09-05 00:45
Investors with an interest in Mining - Miscellaneous stocks have likely encountered both SSR Mining (SSRM) and Wheaton Precious Metals Corp. (WPM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy ...