Scotiabank Has Negative Forecast for TSE:SSO FY2027 Earnings

Silver Standard Resources Inc. (TSE:SSO) – Investment analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for Silver Standard Resources in a note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $4.86 for the year, down from their prior estimate of $4.98.

Separately, Royal Bank Of Canada upgraded shares of Silver Standard Resources from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat.com, Silver Standard Resources presently has an average rating of “Strong Buy”.

Silver Standard Resources Price Performance

Silver Standard Resources is a Canada-based precious metals company focused on the exploration, development and production of silver and other precious metal resources. The company’s activities typically include identifying and acquiring mineral properties, conducting geological and feasibility studies, developing mining infrastructure, and operating metal extraction and processing facilities. Its business model centers on advancing deposits through exploration and permitting into commercial production.

In addition to mine production, Silver Standard historically has been involved in the metallurgical processing of ore, the sale of concentrates or doré to downstream smelters and refiners, and the implementation of mine-closure and environmental management programs.