BMO Capital Rates Sunshine Silver Mining & Refining (SSMR) buy
BMO Capital maintains a buy rating on Sunshine Silver Mining & Refining with a $16.5 price target, a 24.81% upside from the current price.
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BMO Capital rated Sunshine Silver Mining & Refining Company ($SSMR) "buy" with a $16.50 price target on June 29, 2026.
Since the rating, $SSMR is up 8.1% after 1 week, up 1.5% after 1 month and down 13.7% to date (from the $13.42 close on Jun 29, 2026).
SSMR
Sunshine Silver Mining & Refining Company
Key Points
- BMO Capital reiterated its buy rating for Sunshine Silver Mining & Refining Company on June 29, 2026, with a price target of $16.5.
- BMO Capital's $16.50 price target implies 24.81% upside from Sunshine Silver Mining & Refining Company's ($SSMR) current $13.22 share price.
- Shares of NYSE:SSMR were trading at $13.42 on Wednesday, with a market cap of approximately $1.9 billion.
- Morgan Stanley, Scotiabank, and Citigroup also initiated coverage with buy ratings and targets ranging from $18 to $23.
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BMO Capital has reiterated its buy rating on Sunshine Silver Mining & Refining Company (NYSE:SSMR), setting a price target of $16.5. This update from analyst Kevin O'Halloran came on June 29, 2026, reinforcing confidence in the company's future prospects.
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Sunshine Silver Mining & Refining Company Stock Down 23.1%
Shares of Sunshine Silver Mining & Refining Company were trading at $13.42 on Wednesday. The company has a market capitalization of about $1.9 billion. Although it isn't currently profitable, the firm operates within the basic materials sector, specifically in other industrial metals and mining. The stock's 52-week range spans from $12.56 to $17.15, with a 50-day moving average of $14.19 and a 200-day moving average of the same. The company maintains a strong liquidity position with a current ratio of 2.704 and a quick ratio of 2.32, alongside a debt-to-equity ratio of 0.916.
$SSMR price target
Sunshine Silver Mining & Refining Company daily closes and this analyst's $16.50 target. Not advice.
Analysts Set New Price Targets
On June 29, 2026, several firms initiated coverage on Sunshine Silver Mining & Refining Company. Morgan Stanley initiated with a buy rating and a $23 target, Scotiabank followed suit with a buy rating and a $20 target, and Citigroup also rated it a buy, targeting $18. BMO Capital's reiteration aligns with these optimistic views, adding to a consensus that suggests a mean target price of $19.38 among four analysts.
About Sunshine Silver Mining & Refining Company
Sunshine Silver Mining & Refining Company is engaged in silver mining in the United States. It owns and develops the Sunshine Mine and the Sunshine Silver/Copper Refinery. The company, founded in 2010, is headquartered in Kellogg, Idaho, and employs about 95 people. Its principal asset, the Sunshine Complex, is located in Idaho's Silver Valley, a historic site for silver production.
Bottom Line
BMO Capital's reiterated buy rating and price target of $16.5 for Sunshine Silver Mining & Refining Company reflects continued confidence in the company's potential. With a series of buy ratings from major firms, the stock is garnering attention. However, investors should remember that these ratings are based on past and current analyses, and actual future performance can vary.
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Source: BMO Capital's rating change on $SSMR (Jun 29, 2026). Written by software, not financial advice. How we make alerts