Silver Standard Resources (NASDAQ:SSRM) Hits New 12-Month High After Analyst Upgrade

Market Beat
2026.01.22 18:43
portai
I'm PortAI, I can summarize articles.

Silver Standard Resources (NASDAQ:SSRM) reached a new 52-week high of $26.09 after TD Cowen upgraded the stock from hold to buy. Other analysts have also raised their ratings, with UBS increasing the price target from $31.50 to $34.50. Institutional investors hold 68.30% of the stock, and the company reported $0.32 EPS for the last quarter, beating estimates. Silver Standard focuses on silver and gold production across the Americas, with key assets including the Marigold and Seabee mines.