Canaccord Genuity Group Upgrades Sunshine Silver Mining & Refining (NYSE:SSMR) to “Moderate Buy”

Posted by Francis Steltz on Aug 19th, 2026

Sunshine Silver Mining & Refining (NYSE:SSMR – Get Free Report) was upgraded by investment analysts at Canaccord Genuity Group to a “moderate buy” rating in a research report issued on Monday,Zacks.com reports.

Several other analysts also recently weighed in on the company. Wall Street Zen downgraded Sunshine Silver Mining & Refining from a “hold” rating to a “sell” rating in a research note on Saturday. Zacks Research raised Sunshine Silver Mining & Refining to a “hold” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada began coverage on Sunshine Silver Mining & Refining in a report on Monday, June 29th. They set a “sector perform” rating and a $15.00 price target for the company. Citigroup started coverage on shares of Sunshine Silver Mining & Refining in a research note on Monday, June 29th. They issued a “buy” rating and a $18.00 price objective on the stock. Finally, BMO Capital Markets assumed coverage on shares of Sunshine Silver Mining & Refining in a research report on Monday, June 29th. They set an “outperform” rating and a $16.50 target price on the stock. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Sunshine Silver Mining & Refining has a consensus rating of “Moderate Buy” and a consensus target price of $18.92.

Get Our Latest Analysis on SSMR

Sunshine Silver Mining & Refining Price Performance

Sunshine Silver Mining & Refining stock opened at $15.83 on Monday. Sunshine Silver Mining & Refining has a fifty-two week low of $12.51 and a fifty-two week high of $17.45. The stock’s fifty day moving average price is $14.35.

Sunshine Silver Mining & Refining (NYSE:SSMR – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.06). Equities analysts forecast that Sunshine Silver Mining & Refining will post -0.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Heather Eileen White purchased 2,000 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were purchased at an average cost of $13.50 per share, for a total transaction of $27,000.00. Following the completion of the purchase, the chief executive officer directly owned 2,000 shares of the company’s stock, valued at approximately $27,000. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lawrence P. Radford purchased 2,500 shares of the business’s stock in a transaction on Friday, June 5th. The stock was purchased at an average cost of $13.50 per share, with a total value of $33,750.00. Following the acquisition, the director owned 11,429 shares in the company, valued at approximately $154,291.50. This represents a 28.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased 59,565 shares of company stock valued at $804,128 in the last quarter.

Institutional Trading of Sunshine Silver Mining & Refining

An institutional investor recently bought a new stake in Sunshine Silver Mining & Refining stock. Ninepoint Partners LP bought a new stake in Sunshine Silver Mining & Refining Company (NYSE:SSMR – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 700,000 shares of the company’s stock, valued at approximately $9,254,000. Sunshine Silver Mining & Refining makes up approximately 0.7% of Ninepoint Partners LP’s investment portfolio, making the stock its 23rd biggest position. Ninepoint Partners LP owned 0.50% of Sunshine Silver Mining & Refining at the end of the most recent reporting period.

About Sunshine Silver Mining & Refining

(Get Free Report)

Sunshine Silver Mining & Refining Company operates as a silver mining company principally in the United States. The company is the owner and developer of the Sunshine Mine and the Sunshine Silver/Copper Refinery. Sunshine Silver Mining & Refining Company is based in Kellogg, Idaho.