What is Scotiabank’s Estimate for SSRM FY2026 Earnings?

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Equities researchers at Scotiabank lifted their FY2026 earnings estimates for Silver Standard Resources in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings per share of $3.90 for the year, up from their previous forecast of $3.56. The consensus estimate for Silver Standard Resources’ current full-year earnings is $3.98 per share.

Several other brokerages also recently weighed in on SSRM. Weiss Ratings downgraded Silver Standard Resources from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday. Wall Street Zen downgraded Silver Standard Resources from a “strong-buy” rating to a “buy” rating in a report on Saturday. UBS Group dropped their price target on Silver Standard Resources from $43.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Bank of America cut their price objective on shares of Silver Standard Resources from $41.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Finally, Zacks Research downgraded shares of Silver Standard Resources from a “strong-buy” rating to a “hold” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $41.60.

Silver Standard Resources Stock Performance

Shares of SSRM opened at $25.57 on Friday. The company has a current ratio of 5.33, a quick ratio of 4.57 and a debt-to-equity ratio of 0.01. The firm has a market cap of $5.28 billion, a PE ratio of 24.35, a P/E/G ratio of 2.25 and a beta of -0.10. Silver Standard Resources has a 12 month low of $11.70 and a 12 month high of $36.51. The stock has a fifty day moving average price of $29.54 and a 200-day moving average price of $28.33.

Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) last released its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.34. The business had revenue of $418.46 million for the quarter, compared to analyst estimates of $524.79 million. Silver Standard Resources had a net margin of 12.17% and a return on equity of 14.87%.

Hedge Funds Weigh In On Silver Standard Resources

Several hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its position in 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 worth $24,895,000 after acquiring an additional 529,035 shares during the period. 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 valued at $4,113,000 after purchasing an additional 201,525 shares during the last quarter. AQR Capital Management LLC grew its stake in 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 purchasing an additional 70,726 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of Silver Standard Resources in the first quarter valued at about $50,000. 68.30% of the stock is owned by institutional investors and hedge funds.

About Silver Standard Resources

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.