Sunshine Silver Mining & Refining (NYSE:SSMR) Upgraded at Wall Street Zen

Sunshine Silver Mining & Refining (NYSE:SSMR) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

A number of other analysts have also recently weighed in on SSMR. Royal Bank Of Canada assumed coverage on shares of Sunshine Silver Mining & Refining in a research report on Monday, June 29th. They set a “sector perform” rating and a $15.00 price target for the company. BMO Capital Markets began coverage on Sunshine Silver Mining & Refining in a research report on Monday, June 29th. They issued an “outperform” rating and a $16.50 price objective on the stock. Morgan Stanley initiated coverage on Sunshine Silver Mining & Refining in a research report on Monday, June 29th. They issued an “overweight” rating and a $23.00 target price for the company. Scotiabank raised their target price on Sunshine Silver Mining & Refining from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Tuesday, July 14th. Finally, Zacks Research upgraded Sunshine Silver Mining & Refining to a “hold” rating in a report on Tuesday, June 30th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Sunshine Silver Mining & Refining has an average rating of “Moderate Buy” and a consensus price target of $18.70.

Sunshine Silver Mining & Refining Stock Performance

SSMR opened at $14.42 on Friday. Sunshine Silver Mining & Refining has a 52-week low of $12.51 and a 52-week high of $17.15.

Insider Activity at Sunshine Silver Mining & Refining

In other Sunshine Silver Mining & Refining news, Director Douglas Groh purchased 10,000 shares of Sunshine Silver Mining & Refining stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price of $13.50 per share, with a total value of $135,000.00. Following the completion of the acquisition, the director owned 143,929 shares of the company’s stock, valued at approximately $1,943,041.50. This trade represents a 7.47% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Lawrence P. Radford purchased 2,500 shares of Sunshine Silver Mining & Refining stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average cost of $13.50 per share, with a total value of $33,750.00. Following the acquisition, the director directly owned 11,429 shares of the company’s stock, valued at $154,291.50. The trade was a 28.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 59,565 shares of company stock valued at $804,128.