Silver Standard Resources (SSO) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS
Silver Standard Resources (TSE:SSO) posted its quarterly earnings results on Friday. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.05, AnalystRatingsNetwork.com reports.
On the ratings front, analysts at RBC Capital cut their price target on shares of Silver Standard Resources from C$11.00 to C$10.00 in a research note on Wednesday, July 9th. They now have a “sector perform” rating on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. Silver Standard Resources has a consensus rating of “Hold” and a consensus price target of C$9.61.
Silver Standard Resources (TSE:SSO) opened at 10.17 on Friday. Silver Standard Resources has a one year low of $5.38 and a one year high of $13.52. The stock’s 50-day moving average is $9.56 and its 200-day moving average is $10.00. The company has a market cap of $821.3 million and a price-to-earnings ratio of 3.16.
Silver Standard Resources Inc is a silver resource company. The Company’s properties are located in six countries in the Americas.
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