The stock of Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) is a huge mover today! The stock last traded at $11.06 per share. It is down 103.20% since April 5, 2016 and is uptrending. It has outperformed by 101.24% the S&P500.
The move comes after 7 months positive chart setup for the $1.26B company. It was reported on Nov, 8 by Barchart.com. We have $13.27 PT which if reached, will make NASDAQ:SSRI worth $252.00M more.
Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) Ratings Coverage
Out of 5 analysts covering Silver Standard Resources (NASDAQ:SSRI), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Silver Standard Resources has been the topic of 10 analyst reports since August 12, 2015 according to StockzIntelligence Inc. As per Monday, June 27, the company rating was upgraded by IBC. Citigroup maintained Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) on Friday, August 12 with “Neutral” rating. BMO Capital Markets upgraded the stock to “Outperform” rating in Tuesday, August 23 report. The stock of Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) has “Outperform” rating given on Wednesday, June 29 by National Bank Canada. The rating was maintained by Citigroup on Monday, September 14 with “Neutral”. Citigroup initiated Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) rating on Tuesday, August 2. Citigroup has “Neutral” rating and $14 price target.
According to Zacks Investment Research, “Silver Standard is focused on the acquisition, exploration and development of silver-dominant projects. They have a quality portfolio of core properties in the development pipeline in Argentina, Mexico, Chile, the United States and Australia.”
More news for Silver Standard Resources Inc. (USA) (NASDAQ:SSRI) were recently published by: Fool.com, which released: “Investors Are Taking a Shine to Silver Standard Resources Inc. Today” on August 11, 2016. Prnewswire.com‘s article titled: “Silver Standard Corporate Exploration Update” and published on November 08, 2016 is yet another important article.
SSRI Company Profile
Silver Standard Resources Inc., incorporated on December 11, 1946, is a resource company. The Firm is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Firm operates through three divisions: Pirquitas mine, Marigold mine, and Exploration and evaluation properties. The Firm has over two producing mines and a portfolio of silver resource dominant projects located throughout the Americas. The Firm is focused on silver production from the Pirquitas mine in Argentina and gold production from the Marigold mine in Nevada, the United States. The Company’s other projects include San Lius project in Peru, Pitarrilla project in Mexico and Berenguela project in Peru.
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