🟢 SSR Mining is trading 3.2% up in pre-market despite warning costs may exceed guidance

SSR Mining is trading 3.2% up at $27.00 in pre-market, with materials-sector strength possibly supporting the rebound.

• In its November 3 earnings release, production remained on track, but management warned full-year all-in sustaining costs could run about 10% above the top of guidance.
• Management cited Puna mine sequencing, royalties, diesel and inflation. Shares had dropped after the release, so the pre-market rebound does not erase the cost concerns.