Is Silver Standard Resources (SSRM) Stock Undervalued Right Now?

Core Insights - Silver Standard Resources (SSRM) is currently rated 2 (Buy) by Zacks and has a Value grade of A, indicating strong potential for value investors [5][6] - The stock has a Forward P/E ratio of 11.70, which is lower than the industry average of 12.99, suggesting it may be undervalued [5] - SSRM's PEG ratio stands at 0.66, which is below the industry average of 0.80, further indicating potential undervaluation [3][6] Financial Metrics - Over the past 52 weeks, SSRM's Forward P/E has fluctuated between a high of 51.17 and a low of 9.84, with a median of 16.03 [5] - SSRM's PEG ratio has ranged from a high of 4.48 to a low of 0.54, with a median of 1.14 over the past year [3] Investment Strategy - Value investing remains a popular strategy, focusing on fundamental analysis to identify stocks perceived as undervalued by the market [2] - The Zacks Rank emphasizes earnings estimates and revisions, while also considering value, growth, and momentum trends to identify strong investment opportunities [4]