National Bank Financial Comments on Silver Standard Resources Inc.’s FY2016 Earnings (SSO)
Silver Standard Resources Inc. (TSE:SSO) – Equities researchers at National Bank Financial increased their FY2016 earnings per share estimates for shares of Silver Standard Resources in a report released on Wednesday. National Bank Financial analyst A. Melnyk now expects that the firm will earn $1.18 per share for the year, up from their previous forecast of $0.84. National Bank Financial also issued estimates for Silver Standard Resources’ FY2017 earnings at $0.63 EPS.
A number of other equities research analysts have also weighed in on SSO. BMO Capital Markets restated a “market perform” rating and issued a C$16.50 price objective on shares of Silver Standard Resources in a report on Friday, August 12th. Deutsche Bank AG upped their price target on shares of Silver Standard Resources from C$14.00 to C$15.50 in a report on Monday, October 3rd. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of C$15.70.
Shares of Silver Standard Resources (TSE:SSO) opened at 12.89 on Monday. Silver Standard Resources has a 12-month low of $5.28 and a 12-month high of $20.48. The firm’s market capitalization is $1.53 billion. The firm has a 50-day moving average of $14.74 and a 200-day moving average of $15.48.
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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