Silver Standard Resources Inc. (NASDAQ:SSRM) Set to Announce Earnings on Wednesday
Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) will announce its earnings results after the market closes on Wednesday, August 9th. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Shares of Silver Standard Resources Inc. (NASDAQ SSRM) opened at 9.04 on Monday. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 14.58 and a beta of -0.12. Silver Standard Resources Inc. has a one year low of $7.70 and a one year high of $15.84.
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Several equities research analysts have issued reports on the stock. Scotiabank reiterated a “sector perform” rating and set a $15.00 price objective on shares of Silver Standard Resources in a research note on Thursday, April 13th. Credit Suisse Group restated a “neutral” rating on shares of Silver Standard Resources in a research note on Tuesday, April 18th. Royal Bank Of Canada upgraded shares of Silver Standard Resources from a “sector perform” rating to an “outperform” rating and set a $13.00 target price for the company in a research note on Thursday, June 29th. ValuEngine downgraded shares of Silver Standard Resources from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. Finally, Zacks Investment Research downgraded shares of Silver Standard Resources from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.40.
About Silver Standard Resources
SSR Mining Inc, formerly Silver Standard Resources Inc, is a Canada-based resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company’s segments include Pirquitas mine, Marigold mine, Seabee Gold Operation, and Exploration and evaluation properties.
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