Silver Standard Resources (SSRI) Shares are Down -4.96%

Silver Standard Resources (SSRI) : During the past 4 weeks, traders have been relatively bearish on Silver Standard Resources (SSRI), hence the stock is down -4.9% 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 -5.12% relative to the S&P 500. The 4-week change in the price of the stock is -5.41% and the stock has fallen -4.96% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.64% and the 50-Day Moving Average is 9.55%.The 200 Day SMA reached 31.8%

Silver

Silver Standard Resources (NASDAQ:SSRI): The stock opened in the green at $12.5 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $12.5393 and a low of $12.02 for the day. The stock did not find buyers even at the lows and closed at $12.06 recording a loss of -0.99%. 1,412,034 shares exchanged hands during the trading day. The stock had closed at $12.06 in the previous days trading.

Silver Standard Resources (SSRI) : The highest short term price target forecast on Silver Standard Resources (SSRI) is $19 and the lowest target price is $8. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $13.27 with a standard deviation of $4.3.

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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