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Stock analysts at RBC Capital decreased their price objective on shares of Silver Standard Resources (TSE:SSO) from C$11.00 to C$10.00 in a report issued on Wednesday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s price objective would suggest a potential upside of 6.50% from the stock’s previous close.

Silver Standard Resources (TSE:SSO) traded up 4.47% during mid-day trading on Wednesday, hitting $9.81. The stock had a trading volume of 212,907 shares. Silver Standard Resources has a one year low of $5.38 and a one year high of $13.52. The stock’s 50-day moving average is $8.37 and its 200-day moving average is $9.76. The company has a market cap of $792.2 million and a P/E ratio of 3.03.

Silver Standard Resources (TSE:SSO) last announced its earnings results on Monday, May 12th. The company reported ($0.23) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.16) by $0.07. On average, analysts predict that Silver Standard Resources will post $-0.27 earnings per share for the current fiscal year.

Silver Standard Resources Inc is a silver resource company. The Company’s properties are located in six countries in the Americas.

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