Last C$6.57 CAD
Change Today -0.06 / -0.90%
Volume 417.9K
As of 4:36 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

silver standard resources (SSO) Snapshot

Open
C$6.64
Previous Close
C$6.63
Day High
C$6.75
Day Low
C$6.55
52 Week High
03/17/14 - C$13.52
52 Week Low
11/5/14 - C$4.46
Market Cap
530.6M
Average Volume 10 Days
716.1K
EPS TTM
C$-1.17
Shares Outstanding
80.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SILVER STANDARD RESOURCES (SSO)

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silver standard resources (SSO) Details

Silver Standard Resources Inc. is engaged in the acquisition, exploration, development, and operation of silver and silver resource dominant mineral projects principally in the Americas. The company primarily explores for silver, zinc, gold, and lead deposits. Its principal projects include the Pirquitas Mine, an open-pit mine comprising 50 semi-contiguous mineral exploration concessions covering a total area of 3,621 hectares in the Puna de Jujeña region of northwestern Argentina in the province of Jujuy; Pitarrilla Project, a silver project comprising 12 contiguous mineral claims covering an area of 136,191 hectares in the central part of the state of Durango, Mexico; and San Luis Project, a gold-silver project that consists of 43 mineral concessions covering an area of 35,538 hectares located in the Ancash Department of central Peru. 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: $650.5K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $339.8K
Senior Vice President of Projects
Total Annual Compensation: $369.2K
Vice President of Business Development & Stra...
Total Annual Compensation: $296.6K
Compensation as of Fiscal Year 2013.

silver standard resources (SSO) Key Developments

Silver Standard Resources Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Production and Capital Expenditure Guidance for the Year 2015

Silver Standard Resources Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company’s revenue was $122,830,000 against $49,026,000 a year ago. Income from mine operations was $12,996,000 against $3,985,000 a year ago. Operating loss was $41,318,000 against $6,837,000 a year ago. Net loss for the period was $86,222,000 against net income for the period of $36,212,000 a year ago. Basic loss per share was $1.07 against basic earnings per share of $0.57 a year ago. Adjusted income before tax was $1,118,000 against adjusted loss before tax $8,071,000 a year ago. Adjusted net loss was $6,307,000 against adjusted net income of $15,433 a year ago. Adjusted basic loss per share was $0.08 against adjusted basic income per share of $0.19 a year ago. Cash generated by operating activities was $64,672,000 against $10,281,000 a year ago. For the year, the company’s revenue was $300,122,000 against $174,686,000 a year ago. Income from mine operations was $36,200,000 against $5,184,000 a year ago. Operating loss was $52,497,000 against $244,154,000 a year ago. Net loss for the period was $126,393,000 against $230,016,000 a year ago. Basic loss per share was $1.57 against basic earnings per share of $2.85 a year ago. Adjusted loss before tax was $18,298,000 against $46,895,000 a year ago. Adjusted net loss was $24,183,000 against $47,386,000 a year ago. Adjusted basic loss per share was $0.30 against $0.59 a year ago. Cash generated by operating activities was $68,833,000 against cash used in operating activities of $14,034,000 a year ago. Adjusted net loss was $24.2 million or $0.30 per share compared to an adjusted net loss of $47.4 million or $0.59 per share for the same period last year. At the Pirquitas mine, silver production is expected to increase over 2014 as mining progresses through the higher grade portions of the San Miguel Phase 2 open pit with stable cash costs per payable ounce of silver sold. Capital expenditures of $10 million in 2015 consist principally of mine and plant capital spares and initial work on the stage 5 tailings dam. Gold production from the Marigold mine is expected to increase due to full year ownership of the asset. Production is expected to be strongest in the first and fourth quarters of 2015 as a strong end to 2014 carries into the first quarter of 2015 and mining progresses into lower areas of the next phase of the Mackay pit later in the year. Capital expenditures of $20 million in 2015 include approximately $7 million for cell 20 leach pad construction, $9 million for maintenance and capitalized spares for mining equipment and $2 million for capitalized exploration drilling. Exploration expenditures are forecast to remain at a reduced level of $15 million for 2015. Planned expenditures include $4 million on surface and underground drilling proximate to the Pirquitas mine and $3.5 million of resource delineation drilling at Marigold. Property holdings are being maintained in good standing with limited activities expected at Pitarrilla, while expenditures at San Luis will be conditional upon successful community agreements.

SSO Seeks Acquisitions

Silver Standard Resources Inc. (TSX:SSO) is seeking acquisitions. John Smith, Chief Executive Officer and President of SSO said, “We can do some fairly important work without major spend in those areas, because it'll allow us time to really look at those acquisition opportunities. So that's really the focus in 2015.”

Silver Standard Resources Inc. Presents at BMO Capital Markets 24th Global Metals & Mining Conference 2015, Feb-25-2015 10:00 AM

Silver Standard Resources Inc. Presents at BMO Capital Markets 24th Global Metals & Mining Conference 2015, Feb-25-2015 10:00 AM. Venue: Westin Diplomat Resort, 3555 South Ocean Drive, Hollywood, Florida, United States. Speakers: John Smith, Chief Executive Officer, President and Director.

 

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SSO Competitors

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Company Last Change
Allied Nevada Gold Corp $1.00 USD -0.03
AuRico Gold Inc C$13.76 CAD 0.00
First Majestic Silver Corp C$7.71 CAD +0.08
Highland Gold Mining Ltd 38.00 GBp +3.00
Silvercorp Metals Inc C$1.66 CAD +0.04
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SSO

Industry Average

Valuation SSO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.4x
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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