Equities Analysts Offer Predictions for SSRM FY2025 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Investment analysts at Scotiabank lifted their FY2025 earnings per share estimates for Silver Standard Resources in a research report issued to clients and investors on Tuesday, October 28th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings of $1.75 per share for the year, up from their previous forecast of $1.32. Scotiabank currently has a “Sector Outperform” rating on the stock. The consensus estimate for Silver Standard Resources’ current full-year earnings is $0.73 per share. Scotiabank also issued estimates for Silver Standard Resources’ FY2026 earnings at $2.48 EPS.

A number of other analysts have also issued reports on the company. BMO Capital Markets upgraded Silver Standard Resources from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 30th. Bank of America boosted their price objective on Silver Standard Resources from $12.75 to $18.00 and gave the company an “underperform” rating in a research note on Thursday, October 16th. 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 lowered Silver Standard Resources from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $18.95 to $22.95 in a research note on Friday, September 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Silver Standard Resources in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $18.19.

Silver Standard Resources Stock Performance

Shares of SSRM opened at $22.56 on Friday. The firm has a market cap of $4.57 billion, a PE ratio of 28.92 and a beta of -0.09. The stock’s fifty day moving average price is $22.30 and its two-hundred day moving average price is $15.88. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.39 and a quick ratio of 1.20. Silver Standard Resources has a 1 year low of $5.06 and a 1 year high of $25.98.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Strs Ohio bought a new position in Silver Standard Resources during the 1st quarter valued at approximately $50,000. Belpointe Asset Management LLC bought a new position in Silver Standard Resources during the 1st quarter valued at approximately $206,000. Bayforest Capital Ltd bought a new position in Silver Standard Resources during the 1st quarter valued at approximately $147,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position 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, Goldman Sachs Group Inc. raised its position in shares of Silver Standard Resources by 27.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company’s stock worth $24,895,000 after acquiring an additional 529,035 shares in the last quarter. 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.