Silver Standard Resources Inc. ( SSRI ) was a big mover last session, as the company saw its shares rise nearly 14% on the day. The upside came after the company reported better-than-expected earnings and revenues in first-quarter 2015. This led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $5.12 to $5.77 over the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate, however, has moved up over the same time frame, suggesting that more solid trading could be ahead for Silver Standard. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Silver Standard carries a Zacks Rank #3 (Hold).
A better-ranked stock in the mining -silver industry is Endeavour Silver Corp. ( EXK ), sporting a Zacks Rank #1 (Strong Buy).
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