What is Scotiabank’s Forecast for SSRM FY2026 Earnings?

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

SSRM has been the subject of a number of other reports. Bank of America upgraded Silver Standard Resources from an “underperform” rating to a “buy” rating in a research note on Wednesday, March 4th. Weiss Ratings upgraded shares of Silver Standard Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. 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 research report on Wednesday, February 18th. TD Securities raised Silver Standard Resources from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Wall Street Zen upgraded shares of Silver Standard Resources from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Silver Standard Resources currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.25.

Silver Standard Resources Price Performance

SSRM stock opened at $30.94 on Monday. The stock has a market cap of $6.28 billion, a price-to-earnings ratio of 16.72, a P/E/G ratio of 0.49 and a beta of -0.18. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.08 and a quick ratio of 1.25. The company has a 50 day simple moving average of $26.27 and a 200 day simple moving average of $23.53. Silver Standard Resources has a 1 year low of $8.65 and a 1 year high of $33.49.

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

Institutional Trading of Silver Standard Resources

Several large investors have recently made changes to their positions in the company. Strs Ohio acquired a new stake in Silver Standard Resources in the first quarter valued at approximately $50,000. AQR Capital Management LLC raised its position in shares of Silver Standard Resources by 461.5% during the first quarter. AQR Capital Management LLC now owns 86,050 shares of the basic materials company’s stock worth $863,000 after purchasing an additional 70,726 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Silver Standard Resources by 96.6% in 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 purchasing an additional 201,525 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in 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 valued at $24,895,000 after purchasing an additional 529,035 shares during the period. 68.30% of the stock is currently 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.