Sunshine Silver Mining & Refining Company (NYSE:SSMR – Free Report) – Equities research analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for shares of Sunshine Silver Mining & Refining in a research report issued on Wednesday, August 19th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of ($0.33) for the year, down from their prior estimate of ($0.29). Scotiabank has a “Sector Outperform” rating and a $21.00 price target on the stock. The consensus estimate for Sunshine Silver Mining & Refining’s current full-year earnings is ($0.31) per share.
A number of other equities analysts also recently commented on SSMR. Royal Bank Of Canada initiated coverage on shares of Sunshine Silver Mining & Refining in a research note on Monday, June 29th. They set a “sector perform” rating and a $15.00 price objective for the company. Zacks Research raised Sunshine Silver Mining & Refining to a “hold” rating in a research report on Tuesday, June 30th. Wall Street Zen lowered Sunshine Silver Mining & Refining from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. BMO Capital Markets started coverage on Sunshine Silver Mining & Refining in a research report on Monday, June 29th. They set an “outperform” rating and a $16.50 price target for the company. Finally, Canaccord Genuity Group assumed coverage on Sunshine Silver Mining & Refining in a research note on Tuesday, August 18th. They issued a “speculative buy” rating and a $20.00 price target for the company. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $18.92.
Sunshine Silver Mining & Refining Stock Up 0.9%
Sunshine Silver Mining & Refining stock opened at $18.80 on Monday. Sunshine Silver Mining & Refining has a 1-year low of $12.51 and a 1-year high of $19.37. The company has a fifty day simple moving average of $14.62.
Sunshine Silver Mining & Refining (NYSE:SSMR – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06).
Insider Activity at Sunshine Silver Mining & Refining
In other Sunshine Silver Mining & Refining news, Director Lawrence P. Radford purchased 2,500 shares of Sunshine Silver Mining & Refining stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average price of $13.50 per share, for a total transaction of $33,750.00. Following the completion of the acquisition, the director owned 11,429 shares of the company’s stock, valued at approximately $154,291.50. This trade represents a 28.00% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Douglas Groh purchased 10,000 shares of Sunshine Silver Mining & Refining stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average price of $13.50 per share, with a total value of $135,000.00. Following the acquisition, the director directly owned 143,929 shares of the company’s stock, valued at $1,943,041.50. This trade represents a 7.47% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 59,565 shares of company stock worth $804,128 over the last ninety days.
Institutional Trading of Sunshine Silver Mining & Refining
A number of hedge funds have recently made changes to their positions in SSMR. Moore Capital Management LP bought a new position in shares of Sunshine Silver Mining & Refining during the 2nd quarter worth approximately $3,966,000. Van ECK Associates Corp bought a new stake in Sunshine Silver Mining & Refining in the 2nd quarter valued at $13,373,000. Finally, Ninepoint Partners LP bought a new stake in Sunshine Silver Mining & Refining in the 2nd quarter valued at $9,254,000.
Sunshine Silver Mining & Refining Company Profile
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.
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