The mid tier producers have begun to report their fourth quarter financial results and despite multi-billion dollar market caps, well, few people seem to actually care. At least on social media.
Trading is another story, and as it currently sits, the latest to report is down following their earnings release. Because they failed to reach consensus estimates despite this gift of a gold environment. A mining name failing to meet expectations. Totally unexpected, right?
The latest name to disappoint is that of SSR Mining (TSX: SSRM), who failed to hit consensus earnings per share estimates for the fourth quarter. They did, however, manage to blow revenue targets out of the water.
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