SSRM FY2026 EPS Estimate Boosted by National Bank Financial

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Analysts at National Bank Financial increased their FY2026 earnings per share estimates for Silver Standard Resources in a research report issued to clients and investors on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings per share of $3.27 for the year, up from their previous estimate of $2.74. The consensus estimate for Silver Standard Resources’ current full-year earnings is $0.73 per share.

A number of other equities analysts have also weighed in on SSRM. Zacks Research lowered shares of Silver Standard Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 9th. Wall Street Zen upgraded Silver Standard Resources from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 26th. UBS Group cut Silver Standard Resources from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $18.95 to $22.95 in a report on Friday, September 19th. Finally, BMO Capital Markets started coverage on shares of Silver Standard Resources in a report on Friday, July 18th. They issued a “market perform” rating and a $13.50 price target on the stock. Seven analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Silver Standard Resources presently has an average rating of “Hold” and a consensus target price of $13.55.

Silver Standard Resources Stock Up 1.6%

SSRM opened at $24.13 on Friday. Silver Standard Resources has a 12 month low of $5.06 and a 12 month high of $24.23. The business has a 50-day moving average of $17.78 and a two-hundred day moving average of $13.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.39 and a quick ratio of 1.20. The stock has a market capitalization of $4.89 billion, a price-to-earnings ratio of 30.94 and a beta of -0.08.

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

Hedge Funds Weigh In On Silver Standard Resources

Hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Silver Standard Resources in the 1st quarter worth about $32,000. Tacita Capital Inc acquired a new position in shares of Silver Standard Resources in the 1st quarter worth $48,000. Strs Ohio acquired a new stake in shares of Silver Standard Resources during the first quarter worth $50,000. Northwest & Ethical Investments L.P. purchased a new stake in shares of Silver Standard Resources during the first quarter valued at $72,000. Finally, Simplicity Wealth LLC purchased a new position in Silver Standard Resources in the 1st quarter worth about $109,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

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.