---
title: "Scotiabank Reaffirms Their Buy Rating on Sunshine Silver Mining & Refining Co. (SSMR)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293754805.md"
description: "Scotiabank analyst Eric Winmill reaffirmed a Buy rating on Sunshine Silver Mining & Refining Co. (SSMR) with a $21.00 price target. This follows Morgan Stanley's July 9 report, which also maintained a Buy rating but set a higher target of $23.00. Winmill, who covers the Basic Materials sector, has a strong track record with a 44.5% average return and 63.13% success rate on recommendations."
datetime: "2026-07-24T12:05:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293754805.md)
  - [en](https://longbridge.com/en/news/293754805.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293754805.md)
---

# Scotiabank Reaffirms Their Buy Rating on Sunshine Silver Mining & Refining Co. (SSMR)

In a report released today, Eric Winmill from Scotiabank maintained a Buy rating on Sunshine Silver Mining & Refining Co., with a price target of $21.00.

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Winmill covers the Basic Materials sector, focusing on stocks such as Blue Moon Metals, First Majestic Silver, and Fortuna Mining Corp. According to TipRanks, Winmill has an average return of 44.5% and a 63.13% success rate on recommended stocks.

In a report released on July 9, Morgan Stanley also maintained a Buy rating on the stock with a $23.00 price target.

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