Analysts Offer Predictions for 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 estimates for Silver Standard Resources in a research report issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco forecasts that the basic materials company will earn $0.21 per share for the quarter. National Bank Financial has a "Hold" rating on the stock. 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.

SSRM has been the subject of several other research reports. Wall Street Zen cut Silver Standard Resources from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. Cormark upgraded Silver Standard Resources from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, April 22nd. UBS Group reiterated a "neutral" rating and set a $13.85 target price (up previously from $12.35) on shares of Silver Standard Resources in a research report on Tuesday, June 24th. Finally, National Bankshares reiterated a "sector perform" rating on shares of Silver Standard Resources in a research report on Wednesday, April 23rd. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, Silver Standard Resources has a consensus rating of "Hold" and an average target price of $10.53.

Silver Standard Resources Stock Performance

SSRM traded down $0.29 during midday trading on Thursday, reaching $12.12. The company had a trading volume of 2,505,466 shares, compared to its average volume of 2,478,407. The company has a quick ratio of 1.85, a current ratio of 3.95 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $12.21 and a two-hundred day moving average of $10.42. The company has a market cap of $2.46 billion, a P/E ratio of 29.56 and a beta of -0.12. Silver Standard Resources has a 1 year low of $4.32 and a 1 year high of $13.48.

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

Hedge Funds Weigh In On Silver Standard Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE lifted its stake in shares of Silver Standard Resources by 62.4% in the 4th quarter. US Bancorp DE now owns 3,540 shares of the basic materials company's stock valued at $25,000 after purchasing an additional 1,360 shares during the last quarter. Allianz SE bought a new stake in Silver Standard Resources during the 4th quarter valued at $30,000. Caitong International Asset Management Co. Ltd bought a new stake in Silver Standard Resources during the 1st quarter valued at $32,000. Tacita Capital Inc bought a new stake in Silver Standard Resources during the 1st quarter valued at $48,000. Finally, Strs Ohio bought a new stake in Silver Standard Resources during the 1st quarter valued at $50,000. 68.30% of the stock is owned by 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.