Scotiabank Has Bullish Outlook for SSRM FY2026 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Equities research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Silver Standard Resources in a research report issued to clients and investors on Thursday, March 5th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings per share of $3.12 for the year, up from their previous forecast of $2.98. The consensus estimate for Silver Standard Resources’ current full-year earnings is $0.73 per share.

Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) last announced its earnings results on Tuesday, February 17th. The basic materials company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.29. Silver Standard Resources had a return on equity of 10.40% and a net margin of 24.28%.The business had revenue of $521.73 million for the quarter, compared to analyst estimates of $436.23 million.

A number of other equities analysts have also issued reports on SSRM. 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 raised shares of Silver Standard Resources from an “underperform” rating to a “buy” rating in a research report on Wednesday, March 4th. BMO Capital Markets upgraded shares of Silver Standard Resources from a “market perform” rating to an “outperform” rating and set a $41.00 price target for the company in a research note on Thursday. UBS Group upped their price target on shares of Silver Standard Resources from $36.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Finally, Wall Street Zen upgraded shares of Silver Standard Resources from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $31.25.

Silver Standard Resources Trading Down 2.1%

Shares of SSRM opened at $30.53 on Monday. Silver Standard Resources has a one year low of $8.65 and a one year high of $33.49. The stock has a 50-day moving average price of $25.92 and a 200 day moving average price of $23.33. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.25 and a current ratio of 2.08. The company has a market capitalization of $6.20 billion, a P/E ratio of 16.50, a P/E/G ratio of 0.50 and a beta of -0.18.

Institutional Trading of Silver Standard Resources

Institutional investors and hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its holdings 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 purchasing an additional 529,035 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew 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 worth $4,113,000 after buying an additional 201,525 shares during the last quarter. AQR Capital Management LLC increased its position in 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 buying an additional 70,726 shares during the period. Finally, Strs Ohio acquired a new stake in Silver Standard Resources in the first quarter worth $50,000. 68.30% of the stock is currently owned by institutional investors and hedge funds.

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.