SSR Mining Inc. (SSRM) stock reached a nearly 15-year high due to impressive earnings performance and the early redemption of senior convertible notes. The company reported a significant swing to a net income of $395.7 million in the last year, with revenues soaring by 64% to $1.6 billion. SSR Mining also provided strong production guidance for the current year while announcing the redemption of $230 million in convertible senior notes.
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SSR Mining (SSRM) Hits 15-Year High as Earnings Impress
SSR Mining Inc. (SSRM) stock reached a nearly 15-year high due to impressive earnings performance and the early redemption of senior convertible notes. The company reported a significant swing to a net income of $395.7 million in the last year, with revenues soaring by 64% to $1.6 billion. SSR Mining also provided strong production guidance for the current year while announcing the redemption of $230 million in convertible senior notes.