What is Scotiabank’s Estimate for SSRM FY2026 Earnings?

Silver Standard Resources Inc. (NASDAQ:SSRM) (TSE:SSO) – Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Silver Standard Resources in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the basic materials company will post earnings per share of $3.90 for the year, up from their previous forecast of $3.56. The consensus estimate for Silver Standard Resources’ current full-year earnings is $3.81 per share.

Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) last announced its quarterly earnings results on Tuesday, May 5th. The basic materials company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.34. Silver Standard Resources had a return on equity of 14.87% and a net margin of 12.17%.The firm had revenue of $418.46 million for the quarter, compared to analysts’ expectations of $524.79 million.

Other analysts have also issued research reports about the stock. Wall Street Zen raised shares of Silver Standard Resources from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Bank of America cut their price target on shares of Silver Standard Resources from $41.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Royal Bank Of Canada reduced their price target on shares of Silver Standard Resources from $40.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Weiss Ratings cut shares of Silver Standard Resources from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Finally, Zacks Research downgraded Silver Standard Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $41.60.

Silver Standard Resources Price Performance

SSRM stock opened at $25.89 on Friday. The firm has a 50 day moving average of $29.71 and a 200-day moving average of $28.34. The company has a current ratio of 5.33, a quick ratio of 4.57 and a debt-to-equity ratio of 0.01. Silver Standard Resources has a 12 month low of $11.70 and a 12 month high of $36.51. The firm has a market capitalization of $5.34 billion, a P/E ratio of 24.66, a price-to-earnings-growth ratio of 2.47 and a beta of -0.10.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Strs Ohio purchased a new stake in Silver Standard Resources in the first quarter valued at approximately $50,000. AQR Capital Management LLC lifted its position in Silver Standard Resources by 461.5% during the first quarter. AQR Capital Management LLC now owns 86,050 shares of the basic materials company’s stock valued at $863,000 after purchasing an additional 70,726 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Silver Standard Resources by 96.6% in the 1st 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 worth $4,113,000 after buying an additional 201,525 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Silver Standard Resources by 27.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company’s stock worth $24,895,000 after buying an additional 529,035 shares in the last quarter. 68.30% of the stock is currently owned by institutional investors.

Silver Standard Resources Company Profile

Silver Standard Resources Inc (NASDAQ: SSRM) is a Vancouver‐based precious metals company engaged in the acquisition, exploration, development and production of silver and gold deposits primarily across the Americas. The company’s strategy centers on advancing high‐quality projects into production while maintaining a portfolio of operating mines that deliver consistent metal output. Silver Standard emphasizes sustainable resource development and community partnership at each stage of its operations.

The company’s principal producing assets include the Marigold gold mine in Nevada, which entered commercial production in 2006; the Seabee gold operation in Saskatchewan, Canada, acquired in 2016; and the Pirquitas silver‐gold mine in Argentina, which began producing in 2009.