Silver Standard Resources Inc. Forecasted to Post Q4 2016 Earnings of $0.35 Per Share (SSO)
Silver Standard Resources Inc. (TSE:SSO) – Investment analysts at Cormark upped their Q4 2016 earnings per share estimates for shares of Silver Standard Resources in a research report issued on Thursday. Cormark analyst G. Jennings now forecasts that the brokerage will post earnings of $0.35 per share for the quarter, up from their prior estimate of $0.29.
A number of other analysts also recently weighed in on SSO. BMO Capital Markets restated a “market perform” rating and issued a C$16.50 price target on shares of Silver Standard Resources in a research note on Friday, August 12th. Deutsche Bank AG lifted their price target on Silver Standard Resources from C$14.00 to C$15.50 in a research note on Monday, October 3rd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of C$15.70.
Shares of Silver Standard Resources (TSE:SSO) opened at 12.71 on Friday. The firm has a 50 day moving average price of $14.85 and a 200-day moving average price of $15.40. The firm’s market capitalization is $1.51 billion. Silver Standard Resources has a 52 week low of $5.28 and a 52 week high of $20.48.
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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