SSR Mining Inc's stock surged 6.19% in after-hours trading following the release of its first-quarter fiscal 2026 financial results, which significantly exceeded analyst expectations.

The company reported adjusted earnings per share of $1.15, beating the consensus estimate of $0.86 by 33.7%. Quarterly revenue reached $581.78 million, surpassing the $539.39 million estimate by 7.9% and marking an 83.8% increase from the same period last year. Positive corporate developments also fueled investor optimism, including a definitive agreement to sell its 80% stake in the Çöpler mine for approximately $1.5 billion in cash and a board-authorized share buyback program of up to $300 million.

The strong performance was driven by higher gold output and realized prices, particularly at its Cripple Creek & Victor operation. The company maintained its full-year production guidance, and Wall Street's median price target suggests further upside potential.