The stock of Silver Standard Resources Inc. (TSE:SSO) is a huge mover today! About 160,735 shares traded hands. Silver Standard Resources Inc. (TSE:SSO) has risen 78.04% since March 10, 2016 and is uptrending. It has outperformed by 72.42% the S&P500.
The move comes after 5 months positive chart setup for the $1.59B company. It was reported on Oct, 17 by Barchart.com. We have $17.12 PT which if reached, will make TSE:SSO worth $381.60 million more.
Silver Standard Resources Inc. (TSE:SSO) Ratings Coverage
Out of 3 analysts covering Silver Standard Resources (TSE:SSO), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $17 is the highest target while $6.40 is the lowest. The $12.05 average target is -12.74% below today’s ($13.81) stock price. Silver Standard Resources has been the topic of 8 analyst reports since September 1, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained Silver Standard Resources Inc. (TSE:SSO) rating on Monday, August 15. BMO Capital Markets has “Market Perform” rating and $16.50 price target. National Bank Canada initiated the stock with “Outperform” rating in Wednesday, June 29 report.
More important recent Silver Standard Resources Inc. (TSE:SSO) news were published by: Fool.com which released: “Investors Are Taking a Shine to Silver Standard Resources Inc. Today” on August 11, 2016, also Seekingalpha.com published article titled: “Silver Standard: Time To Buy The Dip?”, Twst.com published: “Silver Standard Resources Inc.: Silver Standard Provides Marigold Five-Year …” on September 15, 2016. More interesting news about Silver Standard Resources Inc. (TSE:SSO) was released by: Seekingalpha.com and their article: “Silver Standard Resources’ (SSRI) CEO Paul Benson on Q1 2016 Results …” with publication date: May 12, 2016.
Silver Standard Resources Inc. is a resource company. The company has a market cap of $1.59 billion. The Firm is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. It currently has negative earnings. The Firm operates through three divisions: Pirquitas mine, Marigold mine, and Exploration and evaluation properties.
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