Scotiabank Has Negative Outlook for TSE:SSO FY2027 Earnings

Silver Standard Resources Inc. (TSE:SSO) – Scotiabank dropped their FY2027 EPS estimates for Silver Standard Resources in a report released on Friday, May 29th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $4.72 per share for the year, down from their previous forecast of $4.86.

Separately, Canadian Imperial Bank of Commerce upgraded shares of Silver Standard Resources from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 12th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

Silver Standard Resources Stock Performance

Silver Standard Resources is a Canada-based precious metals company focused on the exploration, development and production of silver and other precious metal resources. The company’s activities typically include identifying and acquiring mineral properties, conducting geological and feasibility studies, developing mining infrastructure, and operating metal extraction and processing facilities. Its business model centers on advancing deposits through exploration and permitting into commercial production.

In addition to mine production, Silver Standard historically has been involved in the metallurgical processing of ore, the sale of concentrates or doré to downstream smelters and refiners, and the implementation of mine-closure and environmental management programs.