Insider Buying: (SSO) Director Acquires 6,500 Shares of StocThe ultimate sign of confidence:
Silver Standard Resources Inc. (TSE:SSO) Director Paul Benson purchased 6,500 shares of the firm’s stock in a transaction on Friday, March 18th. The stock was bought at an average cost of C$7.53 per share, with a total value of C$48,945.00.
Separately, Deutsche Bank lifted their price target on Silver Standard Resources from C$7.00 to C$7.90 in a research report on Tuesday, March 1st.
Silver Standard Resources Inc. (TSE:SSO) traded up 0.81% on Friday, reaching $7.47. 644,617 shares of the company were exchanged. The stock’s market capitalization is $603.71 million. Silver Standard Resources Inc. has a 52 week low of $5.28 and a 52 week high of $10.56. The stock has a 50-day moving average price of $7.63 and a 200 day moving average price of $7.73.
Silver Standard Resources Inc is a resource company. The Company is focused on the operation, acquisition, exploration and development of precious metal resource properties located in the Americas. The Company operates through three segments: Pirquitas mine, Marigold mine, and Exploration and evaluation properties.