SSR MINING INC
For the period ended Mar 31, 2024. Filed May 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
SSRM$28.20-4.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows (unaudited)
Condensed Consolidated Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Operating activities | ||
| Net income (loss) | $(358,162) | $29,004 |
| Adjustments for: | ||
| Depreciation, depletion, and amortization | 38,398 | 47,095 |
| Reclamation and remediation costs | 252,851 | 2,173 |
| Deferred income taxes | (22,817) | (1,977) |
| Stock-based compensation | (3,942) | 2,047 |
| Equity (income) loss of affiliates | 174 | — |
| Change in fair value of marketable securities | (2,817) | (1,866) |
| Non-cash fair value adjustment on acquired inventories | 2,830 | 3,623 |
| Loss (gain) on sale of mineral properties, plant and equipment | 657 | 240 |
| Impairment charges | 114,230 | — |
| Change in fair value of deferred consideration | (630) | 2,085 |
| Loss (gain) on foreign exchange | 3,528 | 8,210 |
| Non-cash care and maintenance | 6,731 | — |
| Other operating activities | 1,226 | 235 |
| Net change in operating assets and liabilities | (7,626) | (87,902) |
| Net cash provided by operating activities | 24,631 | 2,967 |
| Investing activities | ||
| Additions to mineral properties, plant and equipment | (34,035) | (59,242) |
| Purchases of marketable securities | (6,338) | (484) |
| Net proceeds from sale of marketable securities | 3,717 | 7,845 |
| Contributions to equity method investments | (122) | — |
| Net cash used in investing activities | (36,778) | (51,881) |
| Financing activities | ||
| Repayment of debt, principal | — | (17,802) |
| Repurchase of common shares | (9,825) | (5,197) |
| Proceeds from exercise of stock options | — | 208 |
| Principal payments on finance leases | (995) | (950) |
| Dividends paid | — | (14,448) |
| Net cash used in financing activities | (10,820) | (38,189) |
| Effect of foreign exchange rate changes on cash and cash equivalents | (2,415) | (6,191) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | (25,382) | (93,294) |
| Cash, cash equivalents, and restricted cash beginning of period | 492,494 | 689,106 |
| Cash, cash equivalents, and restricted cash end of period | $467,112 | $595,812 |
| Reconciliation of cash, cash equivalents, and restricted cash: | ||
| Cash and cash equivalents | $467,010 | $561,783 |
| Restricted cash | 102 | 34,029 |
| Total cash, cash equivalents, and restricted cash | $467,112 | $595,812 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.