Silver Standard Resources (NASDAQ:SSRM) Reaches New 12-Month High – Here’s Why

Posted by Stanley Muller on Aug 20th, 2026

Silver Standard Resources Inc. (NASDAQ:SSRM – Get Free Report) (TSE:SSO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $36.54 and last traded at $36.38, with a volume of 818757 shares changing hands. The stock had previously closed at $35.38.

Wall Street Analysts Forecast Growth

SSRM has been the subject of several research analyst reports. Zacks Research lowered Silver Standard Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 29th. Wall Street Zen lowered Silver Standard Resources from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Bank of America lowered their target price on Silver Standard Resources from $41.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, July 9th. UBS Group cut their price target on shares of Silver Standard Resources from $43.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Finally, Royal Bank Of Canada reduced their price target on shares of Silver Standard Resources from $40.00 to $39.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $41.60.

Get Our Latest Report on SSRM

Silver Standard Resources Stock Performance

The company has a 50-day moving average price of $28.96 and a 200-day moving average price of $29.21. The firm has a market capitalization of $7.40 billion, a price-to-earnings ratio of 32.59, a PEG ratio of 6.53 and a beta of -0.10.

Silver Standard Resources (NASDAQ:SSRM – Get Free Report) (TSE:SSO) last announced its quarterly earnings results on Tuesday, August 4th. The basic materials company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). The company had revenue of $443.80 million during the quarter, compared to analysts’ expectations of $483.84 million. Silver Standard Resources had a net margin of 12.30% and a return on equity of 16.17%. On average, research analysts expect that Silver Standard Resources Inc. will post 3.92 earnings per share for the current fiscal year.

Silver Standard Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Friday, August 14th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.12 annualized dividend and a yield of 0.3%. Silver Standard Resources’s dividend payout ratio is currently 10.91%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC lifted its holdings in shares of Silver Standard Resources by 461.5% during the first quarter. AQR Capital Management LLC now owns 86,050 shares of the basic materials company’s stock worth $863,000 after purchasing an additional 70,726 shares during the period. Goldman Sachs Group Inc. increased its stake in Silver Standard Resources by 27.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,482,100 shares of the basic materials company’s stock valued at $24,895,000 after buying an additional 529,035 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Silver Standard Resources by 96.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 410,046 shares of the basic materials company’s stock valued at $4,113,000 after buying an additional 201,525 shares during the period. Finally, Strs Ohio purchased a new position in Silver Standard Resources during the 1st quarter worth $50,000. Institutional investors and hedge funds own 68.30% of the company’s stock.

Silver Standard Resources Company Profile

(Get Free Report)

Silver Standard Resources Inc (NASDAQ: SSRM) is a Vancouver‐based precious metals company engaged in the acquisition, exploration, development and production of silver and gold deposits primarily across the Americas. The company’s strategy centers on advancing high‐quality projects into production while maintaining a portfolio of operating mines that deliver consistent metal output. Silver Standard emphasizes sustainable resource development and community partnership at each stage of its operations.

The company’s principal producing assets include the Marigold gold mine in Nevada, which entered commercial production in 2006; the Seabee gold operation in Saskatchewan, Canada, acquired in 2016; and the Pirquitas silver‐gold mine in Argentina, which began producing in 2009.