Short Term Rating on Silver Standard Resources (SSRI)

Silver Standard Resources (SSRI) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Silver Standard Resources (SSRI) : 4 Wall Street analysts covering Silver Standard Resources (SSRI) believe that the average level the stock could reach for the short term is $11.31. The maximum price target given is $14 and the minimum target for short term is around $8, hence the standard deviation is calculated at $2.72.

Company shares have received an average consensus rating of Hold for the current week


Silver Standard Resources (NASDAQ:SSRI): The stock opened at $14.87 on Tuesday but the bulls could not build on the opening and the stock topped out at $14.93 for the day. The stock traded down to $14.23 during the day, due to lack of any buying support eventually closed down at $14.32 with a loss of -3.70% for the day. The stock had closed at $14.87 on the previous day. The total traded volume was 1,998,413 shares.

Silver Standard Resources Inc. is a resource company. The Company is focused on the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company operates through three segments: Pirquitas mine, Marigold mine, and Exploration and evaluation properties. As of February 18, 2015, the Company had two producing mines and a portfolio of silver resource dominant projects located throughout the Americas. The Company is primarily focused on silver production from the Pirquitas mine in Argentina, and gold production from the Marigold mine in Nevada, the United States. The Companys development projects include San Lius, Peru; Pitarrilla, Mexico, and Diablillos, Argentina. Its exploration projects consist of Berenguela, Peru; Candelaria, the United States; Maverick Springs, the United States; San Marcial, Mexico; Sunrise Lake, Canada, and Parral Mining District, Mexico.

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