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SSR Mining: 1Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ SSR Mining Inc. (SSRM) on Thursday reported first-quarter net income of $6.5 million, after reporting a loss in the same period a year earlier.

The Vancouver, British Columbia-based company said it had profit of 5 cents per share. Earnings, adjusted for non-recurring costs, came to 14 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The precious metals mining company posted revenue of $126.3 million in the period.

SSR Mining shares have decreased 8% since the beginning of the year. The stock has increased 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSRM at https://www.zacks.com/ap/SSRM