Equities Analysts Set Expectations for Silver Standard Resources Inc.’s Q3 2016 Earnings (SSO)
Silver Standard Resources Inc. (TSE:SSO) – Equities researchers at National Bank Financial issued their Q3 2016 earnings per share estimates for shares of Silver Standard Resources in a research report issued on Wednesday. National Bank Financial analyst A. Melnyk forecasts that the firm will post earnings of $0.24 per share for the quarter. National Bank Financial currently has a “Sector Perform” rating and a $19.00 price target on the stock. National Bank Financial also issued estimates for Silver Standard Resources’ FY2017 earnings at $0.60 EPS.
Several other research firms also recently weighed in on SSO. Deutsche Bank AG boosted their target price on Silver Standard Resources from C$14.00 to C$15.50 in a report on Monday, October 3rd. BMO Capital Markets reissued a “market perform” rating and issued a C$16.50 target price on shares of Silver Standard Resources in a report on Friday, August 12th. Finally, CSFB set a C$16.00 target price on Silver Standard Resources in a report on Thursday, June 30th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of C$15.70.
Shares of Silver Standard Resources (TSE:SSO) opened at 13.78 on Friday. The company’s market capitalization is $1.64 billion. Silver Standard Resources has a 1-year low of $5.28 and a 1-year high of $20.48. The firm’s 50 day moving average price is $15.85 and its 200-day moving average price is $14.54.
Silver Standard Resources Company Profile
Silver Standard Resources Inc is a resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company operates through three segments: Pirquitas mine, Marigold mine, and Exploration and evaluation properties.
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