SSR Mining's latest earnings report shows a slight miss in EPS estimates, raising questions about future performance in a volatile market.
SSR Mining Inc. (SSRM.TO) reported its fiscal Q2 2026 earnings on August 4, 2026, with earnings per share (EPS) of 0.66, which is 2.9% below the consensus estimate of 0.68. This is a notable shift from the previous quarter's strong performance, causing investor concerns as the company navigates a challenging metals and mining environment.
Recent earnings trend
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SSR Mining Inc
SSRM.TO
SSRM.TO
SSR Mining Inc
WealthAwesomeMarket cap
$7.44B
P/E
9.8x
52W high
$50.44
52W low
$18.82
1W change
+4.40%
Beta
0.88
Analyst Price Targets
Based on analyst covering SSRM
Wall Street analysts forecast SSRM stock price to rise 49.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$56.04
+49.6% Upside
Current Price
C$37.45
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SSRM's historical volatility
30-Day Vol
60.2%
Annualized
90-Day Vol
68.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$31.33
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$35.29 | C$28.67 – C$43.43 |
| 60 trading days | C$33.25 | C$24.78 – C$44.60 |
| 90 trading days | C$31.33 | C$21.86 – C$44.89 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-04 | 0.6600 | 0.6800 | -2.9% |
| 2026-03-31 | 2026-05-05 | 1.1500 | 0.8000 | +43.8% |
| 2025-12-31 | 2026-02-17 | 0.8800 | 0.5800 | +51.7% |
| 2025-09-30 | 2025-11-04 | 0.3200 | 0.3400 | -5.9% |
| 2025-06-30 | 2025-08-05 | 0.5100 | 0.2300 | +121.7% |
| 2025-03-31 | 2025-05-06 | 0.2900 | 0.1500 | +93.3% |
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Investor takeaway: While SSR Mining has shown strong earnings growth in recent quarters, this latest miss may indicate potential volatility ahead. Investors should keep an eye on upcoming consensus estimates, especially as the company faces increased scrutiny amid fluctuating metal prices.
EPS Misses Estimates by 2.9%, with Future Growth Projections on the Horizon
SSR Mining's EPS of 0.66 for Q2 2026 represents a significant 115.1% growth compared to the previous year, despite missing estimates this quarter.
Bull case
SSR Mining has achieved impressive year-over-year EPS growth, with a projected increase of 115.1% compared to the same quarter last year. Analysts maintain a bullish consensus rating for the company, with an average price target of C$56.04, indicating substantial upside potential from current levels.
Bear case
The recent earnings miss could point to underlying issues within the company, especially as the market anticipates a consensus EPS of 0.90 for the next quarter. Additionally, the stock has dropped 16.54% over the past month, reflecting broader market concerns about the stability of the mining sector.
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