Scotiabank Has Optimistic Outlook of SSRM FY2026 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for Silver Standard Resources in a research report issued on Tuesday, July 7th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings per share of $3.56 for the year, up from their previous estimate of $3.49. The consensus estimate for Silver Standard Resources’ current full-year earnings is $4.49 per share.

Other equities analysts have also recently issued research reports about the company. Canadian Imperial Bank of Commerce upgraded Silver Standard Resources from a “neutral” rating to a “sector outperform” rating and set a $48.00 price target for the company in a report on Thursday, March 12th. Weiss Ratings raised Silver Standard Resources from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 1st. Royal Bank Of Canada upgraded Silver Standard Resources from a “sector perform” rating to an “outperform” rating and reduced their target price for the stock from $45.00 to $40.00 in a research note on Wednesday, June 3rd. Wall Street Zen upgraded Silver Standard Resources from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Finally, UBS Group cut their price target on Silver Standard Resources from $43.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $37.40.

Silver Standard Resources Stock Down 2.4%

Silver Standard Resources stock opened at $29.91 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.33 and a quick ratio of 4.57. The company’s 50-day moving average is $30.03 and its 200-day moving average is $28.10. The firm has a market capitalization of $6.21 billion, a PE ratio of 28.49, a P/E/G ratio of 0.38 and a beta of -0.10. Silver Standard Resources has a fifty-two week low of $11.70 and a fifty-two week high of $36.51.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SSRM. Strs Ohio bought a new position in Silver Standard Resources during the 1st quarter worth $50,000. AQR Capital Management LLC grew its stake in shares of 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 valued at $863,000 after acquiring an additional 70,726 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Silver Standard Resources by 96.6% during the first 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 acquiring an additional 201,525 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in Silver Standard Resources by 27.1% during the first 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. 68.30% of the stock is 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.