Equities Analysts Set Expectations for SSRM FY2026 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRMFree Report) (TSE:SSO) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for shares of Silver Standard Resources in a report issued on Friday, April 17th. Scotiabank analyst O. Habib now forecasts that the basic materials company will earn $3.00 per share for the year, down from their prior forecast of $3.12. The consensus estimate for Silver Standard Resources’ current full-year earnings is $3.68 per share.

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

SSRM has been the subject of several other reports. TD Cowen upgraded Silver Standard Resources from a “hold” rating to a “buy” rating in a research note on Thursday, January 22nd. UBS Group increased their target price on Silver Standard Resources from $41.00 to $42.00 and gave the company a “buy” rating in a research note on Friday, March 27th. Wall Street Zen cut Silver Standard Resources from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 18th. TD Securities upgraded Silver Standard Resources from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce upgraded Silver Standard Resources from a “neutral” rating to a “sector outperform” rating and set a $48.00 target price for the company in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $37.25.

Check Out Our Latest Report on SSRM

Silver Standard Resources Stock Up 2.4%

NASDAQ SSRM opened at $30.60 on Wednesday. The stock has a market cap of $6.63 billion, a PE ratio of 16.54, a P/E/G ratio of 0.49 and a beta of -0.11. The company has a quick ratio of 1.25, a current ratio of 2.08 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average price of $29.56 and a two-hundred day moving average price of $25.19. Silver Standard Resources has a fifty-two week low of $9.88 and a fifty-two week high of $36.51.

Institutional Investors Weigh In On Silver Standard Resources

Several institutional investors and hedge funds have recently made changes to their positions in the company. Strs Ohio acquired a new stake in shares of Silver Standard Resources during the 1st quarter valued at approximately $50,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of 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 acquiring an additional 201,525 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Silver Standard Resources by 27.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company’s stock valued at $24,895,000 after acquiring an additional 529,035 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Silver Standard Resources by 461.5% during the 1st quarter. AQR Capital Management LLC now owns 86,050 shares of the basic materials company’s stock valued at $863,000 after acquiring an additional 70,726 shares in the last quarter. 68.30% of the stock is owned by institutional investors and hedge funds.

About Silver Standard Resources

(Get Free Report)

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.

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Earnings History and Estimates for Silver Standard Resources (NASDAQ:SSRM)

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