Silver Standard Resources (NASDAQ:SSRM) Releases Quarterly Earnings Results, Beats Estimates By $0.34 EPS

Silver Standard Resources (NASDAQ:SSRM - Get Free Report) TSE: SSO released its quarterly earnings results on Tuesday. The basic materials company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.34, Zacks reports. Silver Standard Resources had a net margin of 12.17% and a return on equity of 15.09%. The business had revenue of $581.78 million for the quarter, compared to the consensus estimate of $524.79 million.

Here are the key takeaways from Silver Standard Resources' conference call:

• SSR announced a definitive agreement to sell its interest in Çöpler for $1.5 billion in cash, expected to close before the end of Q3 2026, and the asset is now treated as a discontinued operation.
• Strong Q1 liquidity and capital returns — continuing operations generated more than $210 million of free cash flow, the company finished Q1 debt-free with about $634 million cash and $1.1 billion total liquidity, and completed a $300 million share buyback (≈9.2M shares) in April.
• Operational outperformance — Puna delivered over $120 million of site-level free cash flow in Q1, CC&V has generated about $325 million of mine-site free cash flow since the 2025 acquisition (exceeding the acquisition cost), and consolidated Q1 production was 110,000 gold‑equivalent ounces at AISC $2,433/oz.
• Management highlighted multiple growth catalysts — an updated Marigold life‑of‑mine plan (including Buffalo/Buffalo Valley) within 12 months, brownfield opportunities at Puna and Seabee, and an ongoing strategic review of Hod Maden with outcomes and timing still uncertain.
• Cost exposure risk from fuel — ~70% of diesel is hedged this year, but management estimates a $10/barrel oil increase would raise consolidated AISC by roughly $7–$10/oz this year (and about double that without hedges into 2027), representing a materially negative sensitivity to rising fuel prices.

Silver Standard Resources Price Performance

Shares of NASDAQ:SSRM opened at $32.62 on Thursday. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 31.07, a PEG ratio of 0.40 and a beta of -0.17. The business has a 50 day moving average price of $29.83 and a 200 day moving average price of $25.54. The company has a quick ratio of 1.25, a current ratio of 2.08 and a debt-to-equity ratio of 0.03. Silver Standard Resources has a twelve month low of $10.19 and a twelve month high of $36.51.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. AQR Capital Management LLC grew its stake in shares of Silver Standard Resources by 461.5% in the first quarter. AQR Capital Management LLC now owns 86,050 shares of the basic materials company's stock worth $863,000 after acquiring an additional 70,726 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Silver Standard Resources by 27.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company's stock valued at $24,895,000 after purchasing an additional 529,035 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Silver Standard Resources by 96.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 410,046 shares of the basic materials company's stock valued at $4,113,000 after purchasing an additional 201,525 shares during the last quarter. Finally, Strs Ohio bought a new stake in Silver Standard Resources in the 1st quarter valued at $50,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have commented on SSRM shares. UBS Group increased their target price on shares of Silver Standard Resources from $43.00 to $44.00 and gave the stock a "buy" rating in a research report on Wednesday. TD Securities raised Silver Standard Resources from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 22nd. Bank of America upgraded Silver Standard Resources from an "underperform" rating to a "buy" rating in a research note on Wednesday, March 4th. National Bank Financial raised Silver Standard Resources from a "sector perform" rating to an "outperform" rating in a report on Wednesday, March 4th. Finally, Weiss Ratings raised Silver Standard Resources from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, April 2nd. Two investment analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $37.75.

Silver Standard Resources Company Profile

Silver Standard Resources Inc NASDAQ: SSRM is a Vancouver‐based precious metals company engaged in the acquisition, exploration, development and production of silver and gold deposits primarily across the Americas. The company’s strategy centers on advancing high‐quality projects into production while maintaining a portfolio of operating mines that deliver consistent metal output. Silver Standard emphasizes sustainable resource development and community partnership at each stage of its operations.

The company’s principal producing assets include the Marigold gold mine in Nevada, which entered commercial production in 2006; the Seabee gold operation in Saskatchewan, Canada, acquired in 2016; and the Pirquitas silver‐gold mine in Argentina, which began producing in 2009.