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Fly News Breaks for August 23, 2016
SSRI
Aug 23, 2016 | 06:33 EDT
BMO Capital analyst Jessica Fung upgraded Silver Standard to Outperform and raised its price target to $19 from $16.50. The company announced plans to release a revised mine plan at Marigold with its exploration update which should be a catalysts for shares, with lower cost guidance and increased life of the mine, the analyst wrote. Further, a decision to proceed with Chinchillas would fill a production gap, and is not being ascribed any value by the market.
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