05:24 PM EST, 11/04/2025 (MT Newswires) -- SSR Mining ( SSRGF ) was last seen down 11% in after-hours Nasdaq trading after the company on Tuesday said its third-quarter profit and revenue rose year-over-year but said it expects 2025 gold production to be at the low end of its forecasts while costs rise.

The company reported adjusted profit, excluding most one-time items, was US$68.4 million, or US$0.32 per share, in the period, up from US$6.4 million, or US$0.03 per share, a year ago. The consensus estimate of analysts polled by FactSet expected a profit of US$0.32 per share.

Revenue for the quarter rose to US$385.8 million from US$257.4 million a year prior. FactSet projected US$387.7 million.

The miner said it expects its 2025 production to be near the lower end of its 410,000-480,000 gold-equivalent-ounce target. The company also expects costs to be near the upper end of its guidance range, due to "the impacts of higher-than-expected gold prices on royalty costs and SSR Mining's ( SSRGF ) strong share price performance on share-based compensation."

The company added that it is working with Turkish authorities to restart the Copler mine and remains committed to reopening the site, but cannot yet say when or under what conditions operations will resume.

"Our third quarter operating results were generally aligned to our internal plans, and we continue to expect that a solid fourth quarter will bring us within consolidated 2025 production guidance," Executive Chairman Rod Antal said.

SSR shares were last seen down US$2.39 to US$19.31 after hours. They closed down $1.62 to $30.56 on the Toronto Stock Exchange.