National Bank Financial Weighs in on SSRM Q2 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM - Free Report) TSE: SSO - Equities researchers at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Silver Standard Resources in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco anticipates that the basic materials company will post earnings per share of $0.21 for the quarter. The consensus estimate for Silver Standard Resources' current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for Silver Standard Resources' FY2025 earnings at $1.23 EPS.

Silver Standard Resources (NASDAQ:SSRM - Get Free Report) TSE: SSO last released its quarterly earnings data on Tuesday, May 6th. The basic materials company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.21. Silver Standard Resources had a net margin of 7.82% and a return on equity of 2.44%. The company had revenue of $303.43 million during the quarter, compared to analyst estimates of $332.64 million.

SSRM has been the topic of several other reports. UBS Group restated a "neutral" rating and issued a $13.85 price objective (up from $12.35) on shares of Silver Standard Resources in a research report on Tuesday, June 24th. Cormark upgraded shares of Silver Standard Resources from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 22nd. National Bankshares reiterated a "sector perform" rating on shares of Silver Standard Resources in a research report on Wednesday, April 23rd. BMO Capital Markets initiated coverage on Silver Standard Resources in a research report on Friday. They set a "market perform" rating and a $13.50 price target on the stock. Finally, Wall Street Zen cut Silver Standard Resources from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $11.28.

Silver Standard Resources Price Performance

Shares of Silver Standard Resources stock traded down $0.32 during trading on Thursday, hitting $11.80. The stock had a trading volume of 2,532,279 shares, compared to its average volume of 2,479,716. The company has a current ratio of 3.95, a quick ratio of 1.85 and a debt-to-equity ratio of 0.08. Silver Standard Resources has a 12 month low of $4.32 and a 12 month high of $13.48. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 28.78 and a beta of -0.12. The business's 50-day moving average is $12.21 and its 200 day moving average is $10.48.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SSRM. Nuveen LLC purchased a new stake in Silver Standard Resources in the first quarter worth about $18,759,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Silver Standard Resources by 21.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,079,816 shares of the basic materials company's stock valued at $70,265,000 after purchasing an additional 1,802,821 shares during the last quarter. Federated Hermes Inc. boosted its position in shares of Silver Standard Resources by 53.9% in the 4th quarter. Federated Hermes Inc. now owns 3,671,138 shares of the basic materials company's stock worth $25,551,000 after purchasing an additional 1,285,347 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of Silver Standard Resources by 921.1% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,013,320 shares of the basic materials company's stock valued at $10,164,000 after acquiring an additional 914,084 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in Silver Standard Resources by 413.1% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 930,200 shares of the basic materials company's stock valued at $9,323,000 after purchasing an additional 748,900 shares in the last quarter. 68.30% of the stock is owned by hedge funds and other institutional investors.

Silver Standard Resources Company Profile

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.