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Last C$7.53 CAD
Change Today +0.51 / 7.26%
Volume 1.2M
As of 4:21 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

silver standard resources (SSO) Snapshot

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52 Week High
08/12/14 - C$11.05
52 Week Low
11/5/14 - C$4.46
Market Cap
Average Volume 10 Days
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silver standard resources (SSO) Details

Silver Standard Resources Inc. engages in the acquisition, exploration, development, and operation of precious metal mineral properties in the Americas. The company primarily explores for silver, gold, zinc, and lead deposits. Its principal projects include the Pirquitas mine consisting of 50 semi-contiguous mineral exploration concessions covering a total area of 3,621 hectares located in the Puna de Jujeña region of northwestern Argentina in the province of Jujuy; and Marigold mine comprising approximately 19,560 acres situated in southeastern Humboldt County, Nevada. The company was formerly known as Consolidated Silver Standard Mines Limited and changed its name to Silver Standard Resources Inc. in April 1990. Silver Standard Resources Inc. was founded in 1946 and is headquartered in Vancouver, Canada.

Founded in 1946

silver standard resources (SSO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $606.6K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $316.9K
Senior Vice President of Operations
Total Annual Compensation: $407.4K
Vice President of Technical and Project Devel...
Total Annual Compensation: $316.9K
Vice President of Business Development & Stra...
Total Annual Compensation: $276.6K
Compensation as of Fiscal Year 2014.

silver standard resources (SSO) Key Developments

Silver Standard Resources Inc. - Special Call

To introduce Paul Benson and discuss the company's corporate strategy

Silver Standard Resources Inc. Announces Executive Changes

Silver Standard Resources Inc. announced that John Smith will retire as the company's President and CEO, with effect from July 31, 2015. The Board of Directors have appointed Paul Benson as President and CEO. After five years as President and CEO, John Smith has made a decision to retire and return to Australia. After an extensive international search the Board has appointed Paul Benson as President and CEO effective August 1, 2015. John will continue in his role until July 31, 2015 and will be available as an advisor to Paul and the Board until December 31, 2015. Most recently, Paul was CEO of Troy Resources Limited. Prior to this, he worked at BHP Billiton, Rio Tinto and Renison Goldfields for 20 years in both operations and business development roles related to gold, base metals, industrial minerals and coal.

Silver Standard Resources Inc. Announces Operating Results for the Second Quarter of 2015; Provides Production Guidance for the Year 2015

Silver Standard Resources Inc. announced operating results for the second quarter of 2015. For the quarter, the company reported exceeded gold production schedule at Marigold: delivered approximately 48,700 ounces of gold, on track to achieve improved 2015 production guidance. Continued strong production at Pirquitas: produced 2.4 million ounces of silver, well-positioned to deliver record annual silver production, lower than the quarterly record of 2.7 million ounces produced in the first quarter. The quarter-on- quarter decrease in silver production is primarily due to an 11-day planned mill maintenance shutdown during the second quarter of 2015. Total material mined was 3,087 kt. Ore milled was 347 kt. Zinc produced (zinc concentrate) was 2,674,000 lbs. Ore was milled at an average rate of 3,815 tones per day in the second quarter of 2015. Increased material movement at Marigold: daily material moved increased to more than 209,000 tones, a 1.5% increase over the first quarter, continuing the trend of more efficient mine operating performance. The Marigold mine produced 48,685 ounces of gold, lower than the first quarter 2015 production of 55,598 ounces of gold due to the expected reduction in mine grade. A total of 19.1 million tones of material was mined in the second quarter of 2015, compared to 18.6 million tones mined in the first quarter of 2015. Approximately 4.9 million tones of ore were delivered to the heap leach pads at a grade of 0.33 g/t gold, which represents approximately 34,670 recoverable ounces of gold stacked during the quarter. The grade mined in the second quarter declined, as expected, due to the nature of the ore mined and the additional lower grade ore placed on the leach pads. As a result of the additional lower grade ore, the gold recovery rate was 68% in the second quarter, compared to 75% in the first quarter, and does not represent a change to life of mine average recoveries. The company Increased full year 2015 production guidance: Marigold mine production guidance increased to 195,000 to 205,000 ounces gold from 160,000 to 175,000 ounces gold. Pirquitas mine production guidance increased to 9.5 to 10.5 million ounces silver from 9 to 10 million ounces silver. The primary contributor to the 2015 gold production guidance increase is the results from the assay program initiated in January 2015.


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SSO Competitors

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Alamos Gold Inc C$4.24 CAD +0.04
Coeur Mining Inc $3.69 USD -0.03
First Majestic Silver Corp C$4.09 CAD -0.03
Highland Gold Mining Ltd 42.75 GBp -0.75
Hochschild Mining PLC 81.00 GBp +1.00
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