Scotiabank Rates Sunshine Silver Mining & Refining (SSMR) buy
Scotiabank maintains a buy rating on SSMR with a $20 price target, a 49.03% upside from the current price.
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Scotiabank rated Sunshine Silver Mining & Refining Company ($SSMR) "buy" with a $20 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
- Scotiabank reaffirmed its buy rating for SSMR with a $20 price target on June 29, 2026.
- On Monday, SSMR shares traded at $13.42, reflecting analyst confidence in its potential upside.
- Citigroup and BMO Capital also issued buy ratings, with targets of $18 and $16.5, respectively.
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On June 29, 2026, Scotiabank analyst Eric Winmill reiterated a buy rating on SSMR, setting a price target of $20. This move signals continued confidence in the company's potential growth.
Analysts Set New Price Targets
On June 29, 2026, Scotiabank initiated coverage on SSMR with a buy rating and a $20 price target. Citigroup also began coverage with a buy rating, setting a target of $18, while BMO Capital initiated with a buy rating and a $16.5 target. These ratings suggest a positive outlook from analysts across the board.
Sunshine Silver Mining & Refining Company Stock Down 21.9%
Shares of SSMR traded at $13.42 on Monday. This price reflects market conditions and investor sentiment, with analysts seeing potential for the stock to rise based on the new ratings and targets set by major firms.
$SSMR price target
Sunshine Silver Mining & Refining Company daily closes and this analyst's $20 target. Not advice.
Bottom Line
Scotiabank's reaffirmation of a buy rating for SSMR with a $20 target highlights confidence in the stock's potential upside. This is supported by similar ratings from Citigroup and BMO Capital, suggesting a positive consensus among analysts. Investors should note that these ratings are based on current market evaluations and projections.
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Source: Scotiabank's rating change on $SSMR (Jun 29, 2026). Written by software, not financial advice. How we make alerts