SSRM FY2026 EPS Forecast Raised by National Bank Financial

Silver Standard Resources Inc. (NASDAQ:SSRM - Free Report) TSE: SSO - Stock analysts at National Bank Financial raised their FY2026 earnings estimates for Silver Standard Resources in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will earn $3.20 per share for the year, up from their prior estimate of $2.46. 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.

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

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

Silver Standard Resources Stock Down 2.4%

Shares of NASDAQ SSRM traded down $0.29 during midday trading on Friday, hitting $11.84. The company's stock had a trading volume of 602,434 shares, compared to its average volume of 2,630,242. The business's fifty day simple moving average is $12.21 and its two-hundred day simple moving average is $10.42. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.95 and a quick ratio of 1.85. Silver Standard Resources has a 1 year low of $4.32 and a 1 year high of $13.48. The firm has a market capitalization of $2.40 billion, a price-to-earnings ratio of 28.87 and a beta of -0.12.

Institutional Trading of Silver Standard Resources

Several large investors have recently bought and sold shares of the company. Strs Ohio acquired a new stake in Silver Standard Resources in the first quarter valued at approximately $50,000. Belpointe Asset Management LLC acquired a new stake in Silver Standard Resources in the first quarter valued at approximately $206,000. Bayforest Capital Ltd acquired a new stake in Silver Standard Resources in the first quarter valued at approximately $147,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Silver Standard Resources by 96.6% during the first 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 worth $4,113,000 after buying an additional 201,525 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Silver Standard Resources by 27.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company's stock worth $24,895,000 after buying an additional 529,035 shares in the last quarter. Institutional investors and hedge funds own 68.30% of the company's stock.

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.

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