Trade-Ideas LLC identified Silver Standard Resources ( SSRI) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Silver Standard Resources as such a stock due to the following factors:

  • SSRI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $22.2 million.
  • SSRI has traded 81,185 shares today.
  • SSRI is up 3.1% today.
  • SSRI was down 7.3% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in SSRI with the Ticky from Trade-Ideas. See the FREE profile for SSRI NOW at Trade-Ideas

More details on SSRI: Silver Standard Resources Inc. engages in the acquisition, exploration, development, and operation of precious metal resource properties in the Americas. The company primarily explores for gold, silver, zinc, and lead deposits. Currently there are 2 analysts that rate Silver Standard Resources a buy, no analysts rate it a sell, and none rate it a hold. The average volume for Silver Standard Resources has been 2.1 million shares per day over the past 30 days. Silver Standard has a market cap of $751.7 million and is part of the basic materials sector and metals & mining industry. The stock has a beta of 0.02 and a short float of 1.4% with 2.37 days to cover. Shares are up 73% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Silver Standard Resources as a

sell

. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and weak operating cash flow. Highlights from the ratings report include:

  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. Compared to other companies in the Metals & Mining industry and the overall market, SILVER STANDARD RES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to $20.55 million or 67.77% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.
  • Despite the weak revenue results, SSRI has outperformed against the industry average of 41.5%. Since the same quarter one year prior, revenues fell by 26.2%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • SILVER STANDARD RES INC has improved earnings per share by 22.4% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. During the past fiscal year, SILVER STANDARD RES INC continued to lose money by earning -$1.55 versus -$1.57 in the prior year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Metals & Mining industry. The net income increased by 22.6% when compared to the same quarter one year prior, going from -$86.22 million to -$66.72 million.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.