v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 634,086 $ 524,750
Marketable securities 40,270 40,779
Trade and other receivables 138,633 136,721
Inventories 522,949 488,800
Assets held for sale 2,259,953 42,223
 Total current assets 3,668,884 1,287,121
Mineral properties, plant and equipment, net 1,885,346 1,835,722
Inventories 327,075 328,923
Deferred income tax assets 4,567 4,857
Other non-current assets 60,862 62,279
Assets held for sale 0 2,574,996
Total assets [1] 5,946,734 6,093,898
LIABILITIES    
Accounts payable 36,604 29,201
Accrued liabilities and other 228,370 197,353
Reclamation and remediation liabilities 7,895 8,814
Finance lease liabilities 91 1,745
Current portion of debt 0 229,640
Contingent consideration liabilities 0 86,625
Liabilities held for sale 415,713 64,979
Total current liabilities 688,673 618,357
Debt, related party 66,119 51,419
Reclamation and remediation liabilities 396,826 390,209
Deferred income tax liabilities 206,995 198,527
Contingent consideration liabilities 107,249 106,356
Other non-current liabilities 52,109 39,327
Liabilities held for sale 0 375,449
Total liabilities [1] 1,517,971 1,779,644
EQUITY    
Common shares – unlimited authorized common shares with no par value; 216,512 and 203,001 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 3,228,315 2,998,654
Retained earnings 402,669 509,119
SSR Mining’s shareholders’ equity 3,630,984 3,507,773
Non-controlling interest 797,779 806,481
Total equity 4,428,763 4,314,254
Total liabilities and equity  5,946,734 6,093,898
Nonrelated Party    
ASSETS    
Prepaids and other current assets 49,137 30,299
LIABILITIES    
Current portion of debt 0 229,640
Related Party    
ASSETS    
Prepaids and other current assets $ 23,856 $ 23,549
[1] The consolidated assets as of March 31, 2026 and December 31, 2025 include $900.4 million and $858.8 million, respectively, of assets of variable interest entities (“VIEs”) that can only be used to settle the obligations of the VIEs. As of March 31, 2026 and December 31, 2025, the assets include Cash and cash equivalents of $17.0 million and $9.2 million, respectively; Trade and other receivables of $2.0 million and $3.3 million, respectively; Prepaids and other current assets of $10.4 million and $7.1 million, respectively; Prepaids, related party of $23.9 million and $23.5 million, respectively; Mineral properties, plant and equipment, net of $841.9 million and $811.3 million, respectively; and Other non-current assets of $5.2 million and $4.4 million, respectively. The consolidated liabilities as of March 31, 2026 and December 31, 2025 include $143.7 million and $132.8 million, respectively, of liabilities of VIEs whose creditors have no recourse to the Company. As of March 31, 2026 and December 31, 2025, the liabilities include Accounts payable of $3.6 million and $3.8 million, respectively; Accrued liabilities and other of $3.1 million and $4.1 million, respectively; Deferred income tax liabilities of $71.0 million and $73.5 million, respectively; and Other non-current liabilities of $66.0 million and $51.4 million, respectively. Certain consolidated VIE assets and liabilities were classified as held for sale during the first quarter of 2026, refer to Note 3 and Note 4 for further details on held for sale and discontinued operations.