Media stories about Silver Standard Resources (NASDAQ:SSRM) (TSE:SSO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Silver Standard Resources earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 46.1896384547279 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Silver Standard Resources (NASDAQ SSRM) opened at $8.38 on Friday. The company has a current ratio of 10.42, a quick ratio of 7.96 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $995.91, a price-to-earnings ratio of 14.35 and a beta of -0.33. Silver Standard Resources has a 12-month low of $7.70 and a 12-month high of $12.25.
SSRM has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Silver Standard Resources from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Tuesday, October 3rd. Scotiabank upgraded Silver Standard Resources from a “sector perform” rating to an “outperform” rating and set a $13.00 price target on the stock in a research note on Monday, September 25th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $12.38.
SSR Mining Inc, formerly Silver Standard Resources Inc, is a Canada-based resource company. The Company is engaged in the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company’s segments include Pirquitas mine, Marigold mine, Seabee Gold Operation, and Exploration and evaluation properties.
What are top analysts saying about Silver Standard Resources Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Silver Standard Resources Inc. and related companies.