Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when SSRM files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsSSR Mining reports Q2 results, completes $1.49B Turkey asset sale, repurchases $337.8M shares
Filed August 4, 2026 · Period ending August 4, 2026 · ~1 min read
Key Changes
-
high
Completed sale of 80% stake in Çöpler mine for ~$1.49B cash on June 24, 2026, and 20% stake in Hod Maden project for 4% NSR royalty on July 17, 2026, exiting Turkey operations entirely
Exhibit 99.1 view on EDGAR → -
high
Repurchased 10.4M shares for $337.8M in Q2 2026; year-to-date buybacks total 12.9M shares for $409.2M (~8% yield); Board approved additional $500M authorization and declared $0.03 quarterly dividend
Exhibit 99.1 view on EDGAR → -
high
Q2 2026 net income $137.0M ($0.66/share diluted); operating cash flow $115.6M, free cash flow $50.3M; H1 2026 operating cash flow $420.5M, free cash flow $299.1M
Exhibit 99.1 view on EDGAR → -
high
Q2 2026 production 101,959 gold equivalent ounces at cost of sales $1,775/oz and AISC $2,622/oz; year-to-date production 211,873 oz aligned with full-year guidance of 450K-535K oz
Exhibit 99.1 view on EDGAR → -
medium
Amended revolving credit facility on July 31, 2026: extended maturity to July 31, 2030, increased capacity from $400M to $600M, improved margin to SOFR+1.75%-2.5% from SOFR+2.00%-2.75%
Exhibit 99.1 view on EDGAR →
Summary
SSR Mining completed a strategic transformation in Q2 2026, exiting Turkey entirely through the $1.49 billion sale of its Çöpler mine stake and the Hod Maden royalty transaction. The company is now an Americas-focused gold and silver producer anchored by U.S. operations. With $1.78 billion in cash and no long-term debt as of June 30, 2026, management is aggressively returning capital: $337.8 million in Q2 share repurchases alone, bringing year-to-date buybacks to $409.2 million at an effective 8% yield, plus a $0.03 quarterly dividend and a fresh $500 million buyback authorization.
Operationally, Q2 production of 101,959 gold equivalent ounces keeps the company on track for full-year guidance of 450,000 to 535,000 ounces, though all-in sustaining costs at $2,622 per ounce are trending toward the high end as the company accelerates capital investments for mine life extension. Free cash flow of $50.3 million in Q2 and $299.1 million year-to-date demonstrates the portfolio's cash generation capacity. The amended credit facility—expanded to $600 million with improved pricing and extended maturity—provides additional financial flexibility as SSR Mining executes its Americas-focused strategy and capital return program.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
SSR Mining disclosed Q2 2026 financial results via press release.
Added in current filing · verify on EDGAR →
On August 4, 2026, SSR Mining Inc., a British Columbia corporation, issued a news release reporting consolidated financial results for the second quarter ended June 30, 2026.
SSR Mining announced its second quarter 2026 financial results. The 8-K body does not provide specific figures; detailed results are in the attached press release (Exhibit 99.1).
Event · Exhibit 99.1
SSR Mining reported Q2 2026 results, completed sale of Turkish assets for ~$1.49B, repurchased $337.8M in shares, and declared $0.03 quarterly dividend.
Added in current filing · view on EDGAR →
In the second quarter of 2026, SSR Mining completed a total of $337.8 million in share buybacks through the repurchase of 10.4 million shares. Year-to-date, SSR Mining has repurchased 12.9 million shares for a total of $409.2 million in capital returns, or an effective yield of nearly 8%. On June 15, 2026, the Company announced approvals for an additional $500 million for share repurchases, of which $109.2 million has been returned to shareholders to July 31, 2026. Additionally, on August 4, 2026, the Board declared a quarterly cash dividend of $0.03 per share to be paid on September 11, 2026.
SSR Mining repurchased 10.4 million shares for $337.8 million in Q2 2026, bringing year-to-date repurchases to 12.9 million shares for $409.2 million (nearly 8% yield). The Board approved an additional $500 million buyback authorization on June 15, 2026, and declared a $0.03 per share quarterly dividend payable September 11, 2026. Since 2021, the company has returned nearly $900 million through buybacks and over $170 million in dividends.
Added in current filing · view on EDGAR →
On July 31, 2026, SSR Mining amended its existing revolving credit facility (the “Facility”). The Facility now matures on July 31, 2030 and capacity was increased from $400 million to $600 million. Under the terms of the expanded Facility, amounts borrowed will incur variable interest at the Secured Overnight Financing Rate plus an applicable margin ranging from 1.75% to 2.5%, an improvement over the prior facility margin of 2.00% to 2.75%.
SSR Mining amended its revolving credit facility on July 31, 2026, extending maturity to July 31, 2030 and increasing capacity from $400 million to $600 million. The new facility carries an interest rate of SOFR plus 1.75% to 2.5%, improving on the prior margin of SOFR plus 2.00% to 2.75%. As of June 30, 2026, the company had $1.78 billion in cash and no long-term debt outstanding.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 5, 2026 · How we verify