What is Cormark's Estimate for SSRM FY2026 Earnings?

Key Points

• Cormark has upgraded its **FY2026 earnings per share (EPS)** estimate for Silver Standard Resources to **$2.18**, up from **$2.10**, maintaining a "Moderate Buy" rating.
• The company reported **$0.51 EPS** for the last quarter, significantly exceeding analysts' expectations of **$0.23**; it also generated **$410.54 million** in revenue, surpassing estimates.
• Silver Standard Resources holds a **market capitalization** of **$3.01 billion**, with current shares trading at **$14.83**, marking a significant increase from a low of **$4.49** in the past year.

Silver Standard Resources Inc. (NASDAQ:SSRM - Free Report) TSE: SSO - Investment analysts at Cormark lifted their FY2026 earnings per share (EPS) estimates for shares of Silver Standard Resources in a research report issued to clients and investors on Thursday, August 7th. Cormark analyst R. Gray now expects that the basic materials company will post earnings per share of $2.18 for the year, up from their previous estimate of $2.10. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for Silver Standard Resources' current full-year earnings is $0.73 per share. Cormark also issued estimates for Silver Standard Resources' FY2027 earnings at $2.42 EPS.

Silver Standard Resources (NASDAQ:SSRM - Get Free Report) TSE: SSO last released its earnings results on Tuesday, August 5th. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.28. The firm had revenue of $410.54 million for the quarter, compared to analysts' expectations of $381.08 million. Silver Standard Resources had a return on equity of 4.99% and a net margin of 12.66%.

Several other research analysts also recently issued reports on the stock. National Bankshares reiterated a "sector perform" rating on shares of Silver Standard Resources in a report on Wednesday, April 23rd. BMO Capital Markets assumed coverage on Silver Standard Resources in a report on Friday, July 18th. They set a "market perform" rating and a $13.50 price target on the stock. Wall Street Zen upgraded shares of Silver Standard Resources from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th. Finally, 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 report on Tuesday, June 24th. Six equities research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $11.28.

Silver Standard Resources Price Performance

Shares of Silver Standard Resources stock traded down $0.02 during midday trading on Friday, hitting $14.83. 820,000 shares of the company traded hands, compared to its average volume of 2,654,216. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 18.97 and a beta of -0.16. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.85 and a current ratio of 2.39. The firm's fifty day moving average price is $12.69 and its 200-day moving average price is $10.98. Silver Standard Resources has a 12 month low of $4.49 and a 12 month high of $15.49.

Institutional Investors Weigh In On Silver Standard Resources

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Silver Standard Resources in the 1st quarter worth approximately $32,000. Tacita Capital Inc bought a new position in shares of Silver Standard Resources in the first quarter worth approximately $48,000. Strs Ohio purchased a new position in shares of Silver Standard Resources in the first quarter worth $50,000. Northwest & Ethical Investments L.P. bought a new stake in Silver Standard Resources during the 1st quarter valued at $72,000. Finally, Tower Research Capital LLC TRC boosted its position in Silver Standard Resources by 187.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 13,599 shares of the basic materials company's stock valued at $95,000 after buying an additional 8,872 shares during the period. Institutional investors own 68.30% of the company's stock.

About Silver Standard Resources

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.