Scotiabank Has Optimistic Outlook of SSRM FY2026 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Stock analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Silver Standard Resources in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the basic materials company will earn $3.90 per share for the year, up from their prior forecast of $3.56. The consensus estimate for Silver Standard Resources’ current full-year earnings is $3.92 per share.

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

A number of other equities research analysts also recently weighed in on SSRM. Wall Street Zen downgraded Silver Standard Resources from a “strong-buy” rating to a “buy” rating in a report on Saturday. Royal Bank Of Canada cut their price target on Silver Standard Resources from $40.00 to $39.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Weiss Ratings downgraded shares of Silver Standard Resources from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Bank of America lowered their price objective on shares of Silver Standard Resources from $41.00 to $40.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Finally, Zacks Research downgraded shares of Silver Standard Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Silver Standard Resources has a consensus rating of “Moderate Buy” and an average target price of $41.60.

Silver Standard Resources Stock Performance

Shares of NASDAQ SSRM opened at $25.57 on Friday. Silver Standard Resources has a 52 week low of $11.70 and a 52 week high of $36.51. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.57 and a current ratio of 5.33. The stock has a 50 day moving average price of $29.54 and a 200 day moving average price of $28.33. The stock has a market capitalization of $5.28 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of 2.22 and a beta of -0.10.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in shares of Silver Standard Resources in the first quarter valued at approximately $50,000. AQR Capital Management LLC grew its stake 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Silver Standard Resources by 96.6% during 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 acquiring an additional 201,525 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Silver Standard Resources by 27.1% in the first 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 last quarter. 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.