Global Hunter Securities Starts Silver Standard Resources (SSRI) at Accumulate; One of the Largest Silver Portfolios in the World
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Price: $9.56 --0%
Rating Summary:
4 Buy, 2 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 2 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Global Hunter Securities initiates coverage on Silver Standard Resources (NASDAQ: SSRI) with a Accumulate. PT $23.00.
Global analyst says, "After a challenging 2011, Silver Standard enters 2012 with the ability to hit the "reset" button and once again fulfill its potential to investors, in our opinion. We believe the current equity valuation reflects a disproportionate discount to not only future production but also the amount of silver the company possesses. We believe the company is poised to execute on increasing production in 2012 and 2013 to regain investor and market confidence."
For an analyst ratings summary and ratings history on Silver Standard Resources click here. For more ratings news on Silver Standard Resources click here.
Shares of Silver Standard Resources closed at $12.80 yesterday.
Global analyst says, "After a challenging 2011, Silver Standard enters 2012 with the ability to hit the "reset" button and once again fulfill its potential to investors, in our opinion. We believe the current equity valuation reflects a disproportionate discount to not only future production but also the amount of silver the company possesses. We believe the company is poised to execute on increasing production in 2012 and 2013 to regain investor and market confidence."
For an analyst ratings summary and ratings history on Silver Standard Resources click here. For more ratings news on Silver Standard Resources click here.
Shares of Silver Standard Resources closed at $12.80 yesterday.
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