Sunshine Silver Mining & Refining Co (SSMR) SEC Filings & Earnings Calls
EquiReason read 6 Sunshine Silver Mining & Refining Co SEC filings in the last 12 months. Latest: 8-K on 2026-10-19 — Sunshine Silver Mining & Refining provides operational readiness update at Sunshine Mine, including underground development, infrastructure upgrades, and site preparation for feasi.
Source: SEC EDGAR filings · read by EquiReason
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Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
19 Oct 20268-K · 7.01Sunshine Silver Mining & Refining provides operational readiness update at Sunshine Mine, including underground development, infrastructure upgrades, and site preparation for feasibility study and planned return to production in late 2028.open
Figures in the filing · each found in the filing text
| Underground development completed H1 2026 · H1-2026 | 1,200 | |
| Underground development planned H2 2026 · H2-2026 | 1,300 | |
| Underground development completed as of Sep 30, 2026 · Q3-2026 | 700 | |
| Infill drilling completed as of Sep 30, 2026 · Q3-2026 | 47,600 | |
| Infill drilling program total · FY2026 | 50,000 | |
| New rail installed as of Sep 30, 2026 · Q3-2026 | 1,200 | |
| New rail planned by year-end 2026 · FY2026 | 1,900 | |
| Initial processing capacity · FY2028 | 1,000 | |
| Potential future processing capacity · FY2028 | 2,000 | |
| Mobile equipment acquired · FY2026 | 20 |
Risks flagged
Feasibility study and production timeline subject to execution risk and capital requirements.
“Feasibility study targeted for completion in Q2 2027; planned return to production in late 2028.”
No financial guidance or revenue metrics provided; company is pre-revenue development stage.
“Press release focuses on operational readiness, not financial performance.”
21 Sep 20268-K · 7.01Expansion of Silver Valley land position by 60% to ~38,000 acres and initiation of multi-year 45,000-meter exploration drilling program; positive exploration potential.open
Figures in the filing · each found in the filing text
| Land position · 2026-09-21 | 38,000 | +60% y/y |
| Exploration drilling program · multi-year | 45,000 |
Risks flagged
Exploration success is uncertain; drilling may not yield commercial discoveries
“Exploration program is early-stage; no guarantee of mineralization”
12 Aug 202610-QCompleted IPO raising $310.5M gross ($291.9M net) to fund feasibility studies and development.open
Figures in the filing · each found in the filing text
| Cash and cash equivalents · Q2-2026 | $289M | |
| Net loss · Q2-2026 | $17M | |
| Pre-development expenses · Q2-2026 | $10M | |
| General and administrative expenses · Q2-2026 | $7M | |
| Accumulated deficit · Q2-2026 | $235M | |
| Net loss per share (basic and diluted) · Q2-2026 | $0.13 | |
| Shares outstanding · Q2-2026 | 143,726,603 |
Risks flagged
Development-stage company with no production or revenue
“We have a history of operating losses and cash used in operations, which are expected to continue until profitable operations commence.”
Dependence on silver and other metal prices
“A significant and sustained decrease in the price of these metals from current levels could have a material and negative impact on our business, financial condition and results of operations.” · word for word
Feasibility study and permitting risks
“The Company is advancing the Sunshine Mine Feasibility Study, which is expected to be completed in the second quarter of 2027. Following completion of the study, the Company expects to make a final investment decision regarding the restart of the Sunshine Mine.”
12 Aug 20268-K · 2.02Pre-revenue mining company reports Q2 2026 results; highlights successful IPO, strong cash position ($288.7M), high-grade drilling results, and progress on feasibility studies for planned return to production in late 2028.earningsopen
Figures in the filing · each found in the filing text
| Cash and cash equivalents · Q2-2026 | $289M | |
| Indicated Mineral Resource (silver) · 2026-03-25 | 103,900,000 | |
| Inferred Mineral Resource (silver) · 2026-03-25 | 159,800,000 | |
| Average annual silver production (first 5 years) · FY2028-FY2032 | 6,700,000 | |
| Average annual silver production (life of mine) · 24-year mine lif | 5,800,000 | |
| Underground development (first half 2026) · H1-2026 | 1,200 |
Risks flagged
Pre-revenue development stage; no production or revenue yet; execution risk on feasibility study and mine restart timeline.
“Planned return to production in late 2028; feasibility study expected Q2 2027.”
Commodity price risk; silver price volatility could impact project economics.
“Silver mining company; no hedging discussed.”
23 Jul 20268-K · 7.01Drill results exceeding 1,000 gpt silver from multiple zones including new '10 Vein' support feasibility study and production target; no financial guidance or material contract value stated.open
Figures in the filing · each found in the filing text
| Silver grade (intercept) · 10 Vein · Q2-2026 | $32331.00 | |
| Silver equivalent grade (intercept) · 10 Vein · Q2-2026 | $35370.00 | |
| Drilling program completion · July 2026 | 60.0% | |
| Production target (tonnes per day) · Phase 1 | $2000.00 | +100% y/y |
| Indicated mineral resource (silver ounces) · as of July 2026 | $104M | |
| Inferred mineral resource (silver ounces) · as of July 2026 | $160M | |
| Average annual silver production (first 5 years) · first 5 years of | $7M |
Risks flagged
Exploration and development risk; feasibility study not yet completed; production target subject to permitting and financing
“Drilling program 60% complete; feasibility study planned for 2027; production target late 2028”
Sunshine Silver Mining & Refining Co — questions
- What did Sunshine Silver Mining & Refining Co file recently?
- 6 SEC filings in the last 12 months. Latest: 8-K on 2026-10-19 — Sunshine Silver Mining & Refining provides operational readiness update at Sunshine Mine, including underground development, infrastructure upgrades, and site preparation for feasibility study and planned return to production in late 2028.
Every figure on this page comes from Sunshine Silver Mining & Refining Co's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.