Silver Standard Resources (SSRI) : During the past 4 weeks, traders have been relatively bearish on Silver Standard Resources (SSRI), hence the stock is down -4.3% 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 -1.43% relative to the S&P 500. The 4-week change in the price of the stock is -4.42% and the stock has fallen -0.93% in the past 1 week.
The stock has recorded a 20-day Moving Average of 7.93% and the 50-Day Moving Average is 6.79%.The 200 Day SMA reached 50.88%. Silver Standard Resources Inc. is up 22.48% in the last 3-month period. Year-to-Date the stock performance stands at 146.14%.
Silver Standard Resources (NASDAQ:SSRI): After opening at $12.71, the stock dipped to an intraday low of $12.29 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.94 and the buying power remained strong till the end. The stock closed at $12.75 for the day, a gain of 4.25% for the day session. The total traded volume was 2,609,623. The stocks close on the previous trading day was $12.23.
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.