Sunshine Silver Mining & Refining Company (NYSE:SSMR) Shares Shorted: Short Interest Up 107.4% in September

Posted by Francis Steltz on Oct 15th, 2026

Sunshine Silver Mining & Refining Company (NYSE:SSMR – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 2,698,048 shares, a growth of 107.4% from the September 15th total of 1,300,688 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily volume of 945,156 shares, the short-interest ratio is currently 2.9 days.

Institutional Trading of Sunshine Silver Mining & Refining

Several institutional investors and hedge funds have recently modified their holdings of SSMR. Amundi purchased a new stake in shares of Sunshine Silver Mining & Refining in the 2nd quarter worth approximately $17,259,000. Van ECK Associates Corp purchased a new position in shares of Sunshine Silver Mining & Refining in the 2nd quarter valued at approximately $13,373,000. Ninepoint Partners LP acquired a new stake in shares of Sunshine Silver Mining & Refining during the second quarter worth $9,254,000. Groupe la Francaise purchased a new stake in Sunshine Silver Mining & Refining during the 2nd quarter valued at about $3,969,000. Finally, Moore Capital Management LP purchased a new stake in shares of Sunshine Silver Mining & Refining in the 2nd quarter valued at $3,966,000.

Wall Street Analysts Forecast Growth

SSMR has been the topic of a number of research reports. Zacks Research upgraded Sunshine Silver Mining & Refining to a “hold” rating in a research report on Tuesday, June 30th. Citigroup started coverage on Sunshine Silver Mining & Refining in a research note on Monday, June 29th. They set a “buy” rating and a $18.00 target price on the stock. BMO Capital Markets initiated coverage on Sunshine Silver Mining & Refining in a research report on Monday, June 29th. They set an “outperform” rating and a $16.50 price objective on the stock. Scotiabank lifted their price target on shares of Sunshine Silver Mining & Refining from $20.00 to $21.00 and gave the company an “outperform” rating in a research report on Tuesday, July 14th. Finally, Wall Street Zen downgraded Sunshine Silver Mining & Refining from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $18.58.

View Our Latest Report on SSMR

Sunshine Silver Mining & Refining Price Performance

Shares of Sunshine Silver Mining & Refining stock traded down $0.25 on Thursday, hitting $12.09. 149,779 shares of the company traded hands, compared to its average volume of 327,024. Sunshine Silver Mining & Refining has a 52 week low of $11.58 and a 52 week high of $19.61. The company’s 50-day moving average price is $16.35.

Sunshine Silver Mining & Refining (NYSE:SSMR – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.06). As a group, equities analysts expect that Sunshine Silver Mining & Refining will post -0.44 EPS for the current year.

Sunshine Silver Mining & Refining Company Profile

(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.