Equity Profile

SSRM

SSR Mining Inc.

MaterialsGold$6.5B

Aug4Tue

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

SSRM Mining Inc. is a gold mining company focused on the acquisition, exploration, and development of precious metal resource properties....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and performance, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market presence, crucial for investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

SSRM Q2-2026 Earnings Preview

Context

Company Snapshot

SSRM Mining Inc. is a gold mining company focused on the acquisition, exploration, and development of precious metal resource properties. Operating in the materials sector, it plays a significant role in the gold industry, which is influenced by factors like commodity prices and global economic conditions.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+74.45%

Avg Stock Reaction

-0.14%

Last Quarter Recap

In Q1-2026, SSR Mining reported an EPS of $1.15, significantly beating estimates by 42.86%. However, the stock declined slightly the following day, indicating mixed investor sentiment despite the strong earnings.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about SSR Mining's upcoming earnings, especially given the company's recent strong performance. However, uncertainty remains due to fluctuating gold prices and production challenges.

Bull Case

If SSR Mining continues its trend of beating EPS estimates, it could signal strong operational performance and increased investor confidence, potentially driving the stock price higher.

Bear Case

On the other hand, if the company fails to meet expectations or if gold prices decline, it could lead to a negative reaction in the stock, reflecting broader concerns about profitability.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported gold production levels for Q2-2026?

Production levels are critical for understanding revenue potential and operational efficiency, and any significant changes could impact investor sentiment.

How does management view the current gold price environment and its impact on future earnings?

Management's perspective on gold prices can provide insights into potential revenue and profitability, influencing market expectations.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate SSR Mining's ability to capitalize on rising gold prices, as recent production increases suggest stronger operational capabilities than anticipated.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating stronger-than-expected performance.

Options pricing suggests a significant move, which may reflect underlying confidence not captured in consensus estimates.

Key Risk

If production levels exceed 100,000 ounces, it could challenge the current bearish sentiment and shift expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on production levels and gold price stability, which are crucial for maintaining investor confidence.

Bull Confirmed If

If SSR Mining reports gold production levels above 100,000 ounces, it would confirm strong operational performance.

Bear Confirmed If

Conversely, if production falls below 80,000 ounces, it could signal operational challenges and negatively impact the stock.

Pre-Earnings Positioning

Options Market

Implied Move

±28.4%

Historical Avg

±3.2%

Pricing rich

The options market is pricing in a significant potential move, suggesting that traders expect volatility around the earnings report.

Options are pricing ±27.5% while SSRM has averaged ±3.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

67.7%

Calls (53K)P/C Ratio: 0.23Puts (9K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Materials

n=30

Fade rate: 7 of 21 (33%)

This setup has occurred 30 times across Materials in the last 2 years. 14 of 21 (67%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.9%, with a raw directional average of +0.3% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If SSR Mining beats expectations, history suggests the stock could see an average one-day move of around -0.76%, potentially confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance from management.

Miss

If the company misses expectations, history indicates a potential average one-day move of +1.70%, which could reflect a negative sentiment shift.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on gold production levels for Q2-2026.
2Management's outlook on gold prices and their impact on future earnings.
3Details on operational efficiencies and cost management strategies.
4Insights into any new exploration projects or acquisitions.
5Responses to market conditions and how they plan to navigate potential challenges.

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Company Snapshot

SSRM Mining Inc. is a gold mining company focused on the acquisition, exploration, and development of precious metal resource properties....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and performance, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market presence, crucial for investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

SSRM Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+74.45%

Avg Stock Reaction

-0.14%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If SSR Mining continues its trend of beating EPS estimates, it could signal strong operational performance and increased investor confidence, potentially driving the stock price higher.

Bear Case

On the other hand, if the company fails to meet expectations or if gold prices decline, it could lead to a negative reaction in the stock, reflecting broader concerns about profitability.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the reported gold production levels for Q2-2026?

Production levels are critical for understanding revenue potential and operational efficiency, and any significant changes could impact investor sentiment.

How does management view the current gold price environment and its impact on future earnings?

Management's perspective on gold prices can provide insights into potential revenue and profitability, influencing market expectations.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate SSR Mining's ability to capitalize on rising gold prices, as recent production increases suggest stronger operational capabilities than anticipated.

Supporting Evidence

The company has consistently beaten EPS estimates, indicating stronger-than-expected performance.

Options pricing suggests a significant move, which may reflect underlying confidence not captured in consensus estimates.

Key Risk

If production levels exceed 100,000 ounces, it could challenge the current bearish sentiment and shift expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance hinges on production levels and gold price stability, which are crucial for maintaining investor confidence.

Bull Confirmed If

If SSR Mining reports gold production levels above 100,000 ounces, it would confirm strong operational performance.

Bear Confirmed If

Conversely, if production falls below 80,000 ounces, it could signal operational challenges and negatively impact the stock.

Pre-Earnings Positioning

Options Market

Implied Move

±28.4%

Historical Avg

±3.2%

Pricing rich

The options market is pricing in a significant potential move, suggesting that traders expect volatility around the earnings report.

Options are pricing ±27.5% while SSRM has averaged ±3.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.6%

30d HV

67.7%

Calls (53K)P/C Ratio: 0.23Puts (9K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Materials

n=30

Fade rate: 7 of 21 (33%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If SSR Mining beats expectations, history suggests the stock could see an average one-day move of around -0.76%, potentially confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance from management.

Miss

If the company misses expectations, history indicates a potential average one-day move of +1.70%, which could reflect a negative sentiment shift.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on gold production levels for Q2-2026.
2Management's outlook on gold prices and their impact on future earnings.
3Details on operational efficiencies and cost management strategies.
4Insights into any new exploration projects or acquisitions.
5Responses to market conditions and how they plan to navigate potential challenges.