Silver Standard Resources (SSRI) Scheduled to Post Earnings on Tuesday
Silver Standard Resources (NASDAQ:SSRI) will be releasing its Q313 earnings data on Tuesday, November 5th. Analysts expect Silver Standard Resources to post earnings of ($0.13) per share and revenue of $50.21 million for the quarter.
Silver Standard Resources (NASDAQ:SSRI) traded up 1.44% during mid-day trading on Monday, hitting $5.63. The stock had a trading volume of 396,999 shares. Silver Standard Resources has a 52-week low of $5.18 and a 52-week high of $15.53. The stock has a 50-day moving average of $6.06 and a 200-day moving average of $7.00. The company’s market cap is $454.6 million.
A number of research firms have recently commented on SSRI. Analysts at Deutsche Bank downgraded shares of Silver Standard Resources from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, October 2nd. They now have a $4.50 price target on the stock, down previously from $7.00. On the ratings front, analysts at Zacks upgraded shares of Silver Standard Resources from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, September 10th. They now have a $8.20 price target on the stock. Finally, analysts at TheStreet downgraded shares of Silver Standard Resources from a “hold” rating to a “sell” rating in a research note to investors on Wednesday, August 14th. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $11.78.
Silver Standard Resources Inc is a silver resource company that assembled a portfolio of silver-dominant projects located in seven countries in the Americas and Australia.
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