| Why Silver Standard Resources (SSRI) Could Be Positioned for a Surge? | |
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Silver Standard Resources Inc. SSRI, a firm that engages in the acquisition, exploration, development, and operation of precious metal mineral properties, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on SSRI’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Silver Standard Resources could be a solid choice for investors.
Current Quarter Estimates for SSRI
In the past 30 days, 1 estimate have gone higher for Silver Standard Resources while 0 have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 10 cents a share 30 days ago, to a loss of 7 cents today, a move of 30%.
Current Year Estimates for SSRI
Meanwhile, Silver Standard Resources’ current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to 0 lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 11 cents per share 30 days ago to a loss of 3 cents per share today, an increase of 72.7%.
Bottom Line
The stock has also started to move higher lately, adding 18.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SILVER STD RES (SSRI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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VanEck Vectors Global Alternative Energy ETF
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PRODUCTEUR |
CODE : SSO.TO |
ISIN : CA82823L1067 |
CUSIP : 82823L 106 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Silver Standard est une société de production minière d'argent basée au Canada. Silver Standard est productrice d'argent, de étain et de zinc en Argentine, en développement de projets d'argent et d'or au Perou, et détient divers projets d'exploration au Perou. Son principal projet en production est PIRQUITAS en Argentine, son principal projet en développement est SAN LUIS PROJECT au Perou et ses principaux projets en exploration sont CANDELARIA NEVADA et BERENGUELA au Perou, VETA COLORADA, PITARILLA, PENASCO QUEMADO et SAN AGUSTIN au Mexique, SUNRISE LAKE au Canada, CHALLACOLLO au Chili et DIABLILLOS et MAVERICK SPRINGS en Argentine. Silver Standard est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 569,8 millions (452,2 millions US$, 382,1 millions €). La valeur de son action a atteint son plus bas niveau récent le 04 septembre 1998 à 1,01 , et son plus haut niveau récent le 02 août 2017 à 12,01 . Silver Standard possède 47 442 200 actions en circulation. |