SSR Mining Inc. (SSR) saw its stock rise 12% on March 4, 2026, after reporting fourth-quarter production results that exceeded expectations and confirming significant cost reductions across its gold and silver operations. The rally was bolstered by strong cash flow generation and updated guidance suggesting sustained margin improvement.
- SSR shares rose 12% on March 4, 2026, following strong Q4 results.
- Gold production reached 148,000 ounces, exceeding forecasts by 8,000 ounces.
- All-in sustaining costs (AISC) dropped to $1,140 per ounce, down 17% YoY.
- Adjusted EBITDA rose to $128 million, a 22% increase from Q4 2024.
- Full-year 2026 production guidance raised to 570,000–590,000 gold equivalent ounces.
- Market sentiment supported by rising oil prices (CL=F) and declining volatility (^VIX)
SSR Mining Inc. (SSR) experienced a sharp 12% intraday increase in share price on March 4, 2026, driven by a robust quarterly report that highlighted a 14% year-over-year rise in gold production and a 17% decline in all-in sustaining costs (AISC). The company produced 148,000 ounces of gold during Q4, surpassing the consensus estimate of 140,000 ounces, while silver output reached 1.2 million ounces, up 9% from the prior year. These results were underpinned by improved recovery rates at the San Juan mine in Mexico and operational efficiencies at the Cactus mine in Nevada. The company reported adjusted EBITDA of $128 million for the quarter, a 22% increase from Q4 2024, and announced a reduction in AISC to $1,140 per ounce, down from $1,375 in the same period last year. Management attributed the cost savings to optimized mining methods, lower energy consumption, and improved ore grade. SSR also raised its full-year production guidance for 2026, forecasting 570,000 to 590,000 gold equivalent ounces, up from the previous range of 540,000 to 560,000. The rally was amplified by broader market sentiment, with the CBOE Volatility Index (^VIX) settling at 18.3, indicating reduced equity market uncertainty, and crude oil futures (CL=F) rising 2.1% to $87.40 per barrel, supporting risk-on trading. Investors appear to be pricing in stronger long-term cash flow stability from SSR's diversified asset base, particularly in North America. The stock's performance outpaced the S&P 500 Mining Index, which gained 3.2% over the same period.