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Silver Standard Resources Inc.
TORONTO SSO.TO 12,01 CA$ 0,00%
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Silver Standard Resources posts 4Q profit

Publié le 24 février 2017

VANCOUVER, British Columbia (AP) _ Silver Standard Resources Inc. (SSRI) on Thursday reported fourth-quarter net income of $12.1 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 10 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.

The precious metals mining company posted revenue of $127.3 million in the period.

For the year, the company reported net income of $65 million, or 63 cents per share, swinging to a profit in the period. Revenue was reported as $491 million.

Silver Standard Resources shares have climbed 22 percent since the beginning of the year. The stock has risen 90 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSRI at https://www.zacks.com/ap/SSRI

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Keywords: Silver Standard Resources, Earnings Report

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