Silver Standard Resources (SSRI) Shares are Down -4.3%

Silver Standard Resources (SSRI) : During the past 4 weeks, traders have been relatively bearish on Silver Standard Resources (SSRI), hence the stock is down -10.73% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.71% relative to the S&P 500. The 4-week change in the price of the stock is -8.5% and the stock has fallen -4.3% in the past 1 week.

Silver Standard Resources (NASDAQ:SSRI): The stock opened at $13.12 on Friday but the bulls could not build on the opening and the stock topped out at $13.55 for the day. The stock traded down to $12.91 during the day, due to lack of any buying support eventually closed down at $13.34 with a loss of -2.20% for the day. The stock had closed at $13.64 on the previous day. The total traded volume was 1,881,437 shares.

The stock has recorded a 20-day Moving Average of 3.89% and the 50-Day Moving Average is 8.01%. Silver Standard Resources Inc. is up 46.92% in the last 3-month period. Year-to-Date the stock performance stands at 157.53%.

Silver Standard Resources (SSRI) : Currently there are 4 street experts covering Silver Standard Resources (SSRI) stock. The most bullish and bearish price target for the stock is $14 and $8 respectively for the short term. The average price target of all the analysts comes to $11.31. The estimated standard deviation from the target is $2.72.


Silver Standard Resources Inc. is a resource company. The Company is focused on the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company operates through three segments: Pirquitas mine, Marigold mine, and Exploration and evaluation properties. As of February 18, 2015, the Company had two producing mines and a portfolio of silver resource dominant projects located throughout the Americas. The Company is primarily focused on silver production from the Pirquitas mine in Argentina, and gold production from the Marigold mine in Nevada, the United States. The Companys development projects include San Lius, Peru; Pitarrilla, Mexico, and Diablillos, Argentina. Its exploration projects consist of Berenguela, Peru; Candelaria, the United States; Maverick Springs, the United States; San Marcial, Mexico; Sunrise Lake, Canada, and Parral Mining District, Mexico.

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