Equities Analysts Set Expectations for SSRM FY2025 Earnings

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Cormark boosted their FY2025 earnings per share estimates for Silver Standard Resources in a report issued on Wednesday, November 12th. Cormark analyst R. Gray now expects that the basic materials company will post earnings of $1.79 per share for the year, up from their prior forecast of $1.73. The consensus estimate for Silver Standard Resources’ current full-year earnings is $0.73 per share. Cormark also issued estimates for Silver Standard Resources’ Q4 2025 earnings at $0.60 EPS.

Other research analysts also recently issued research reports about the stock. CIBC raised their target price on shares of Silver Standard Resources from $28.50 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday. Bank of America raised their price objective on Silver Standard Resources from $12.75 to $18.00 and gave the company an “underperform” rating in a report on Thursday, October 16th. UBS Group lowered Silver Standard Resources from a “buy” rating to a “neutral” rating and upped their target price for the stock from $18.95 to $22.95 in a report on Friday, September 19th. Zacks Research upgraded Silver Standard Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Finally, Wall Street Zen upgraded Silver Standard Resources from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 26th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Silver Standard Resources currently has an average rating of “Hold” and an average price target of $18.29.

Silver Standard Resources Price Performance

Shares of SSRM opened at $21.63 on Thursday. The company has a quick ratio of 1.20, a current ratio of 2.39 and a debt-to-equity ratio of 0.03. Silver Standard Resources has a twelve month low of $5.26 and a twelve month high of $25.98. The stock has a market capitalization of $4.39 billion, a P/E ratio of 27.73 and a beta of -0.11. The company has a 50 day moving average of $22.61 and a 200-day moving average of $16.49.

Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) last announced its earnings results on Tuesday, November 4th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.01. The business had revenue of $390.16 million for the quarter, compared to analyst estimates of $444.80 million. Silver Standard Resources had a return on equity of 4.99% and a net margin of 12.66%.

Institutional Trading of Silver Standard Resources

A number of hedge funds have recently modified their holdings of the stock. Strs Ohio bought a new stake in shares of Silver Standard Resources during the 1st quarter worth about $50,000. Belpointe Asset Management LLC acquired a new stake in Silver Standard Resources during the first quarter worth approximately $206,000. Bayforest Capital Ltd bought a new stake in shares of Silver Standard Resources during the first quarter worth approximately $147,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Silver Standard Resources by 96.6% in the first 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 valued at $4,113,000 after purchasing an additional 201,525 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Silver Standard Resources by 27.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company’s stock worth $24,895,000 after purchasing an additional 529,035 shares during the period. Institutional investors and hedge funds own 68.30% of the company’s stock.

About Silver Standard Resources

SSR Mining Inc, together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina.