Silver Standard Resources (SSRI) Shares are Down -1.07%

Silver Standard Resources (SSRI) : During the past 4 weeks, traders have been relatively bearish on Silver Standard Resources (SSRI), hence the stock is down -17.17% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.6% relative to the S&P 500. The 4-week change in the price of the stock is -18.85% and the stock has fallen -1.07% in the past 1 week.

The stock has recorded a 20-day Moving Average of 8.8% and the 50-Day Moving Average is 12.56%.The 200 Day SMA reached 36.05% Silver Standard Resources Inc. is up 4.54% in the last 3-month period. Year-to-Date the stock performance stands at 131.08%.


Silver Standard Resources (SSRI) : 5 Wall Street analysts covering Silver Standard Resources (SSRI) believe that the average level the stock could reach for the short term is $13.27. The maximum price target given is $19 and the minimum target for short term is around $8, hence the standard deviation is calculated at $4.3.

Company shares have received an average consensus rating of Hold for the current week Silver Standard Resources (NASDAQ:SSRI): stock was range-bound between the intraday low of $11.97 and the intraday high of $12.54 after having opened at $12.34 on Fridays session. The stock finally closed in the red at $12.34, a loss of -4.55%. The stock remained in the red for the whole trading day. The total traded volume was 7,555,208 shares. The stock failed to cross $12.54 in Fridays trading. The stocks closing price on Thursday was $11.97.

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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