Company Information

Learn More About XBRL  

Address: 999 W HASTINGS ST
SUITE 1400 
City: VANCOUVER BC CANADA 
State:  
Zip Code: V6C 2W2 
Telephone: 604-689-3846 


Description of Business


Primary SIC Code: 6795
(As filed with the SEC)  

We were incorporated as a company in British Columbia, Canada, on December 11, 1946 under the name "Silver Standard Mines, Limited (NPL)" and changed our name to "Silver Standard Mines Limited" on July 18, 1979. We changed our name to "Consolidated Silver Standard Mines Limited" and consolidated our common shares on a 1-for-5 basis on August 9, 1984. All references to the number of shares or per share data in this Annual Report refer to consolidated shares/data, unless otherwise indicated. We changed our name to "Silver Standard Resources Inc." on April 9, 1990. On May 12, 2005, our shareholders adopted new articles as required by the new British Columbia Business Corporations Act and authorized an increase in our authorized capital from 100,000,000 common shares without par value to an unlimited number of common shares without par value.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20115.68NA3.23
06/20115.28NA5.05
03/20114.58NA6.85
12/20104.42NA6.38
09/2010-0.52NAN/E
06/2010-0.43NAN/E
03/2010-0.25NAN/E
12/2009-0.19NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2010 Leverage 2010
Net Inc/Comm Equity0.52Total Liab/Total Assets0.18
Net Inc/Total Assets0.27Total Liab/Inv Cap0.19
Net Inc/Inv Cap0.28Total Liab/Comm Equity0.34
Pretax Inc/Net Sales3.29Interest Coverage Ratio27.55
Net Inc/Net Sales3.08Curr Debt/EquityNA
Cash Flow/Net Sales-0.10LTD/Equity0.12
SG&A/NetSales0.26Total Debt/Equity0.12
Asset Utilization   Liquidity  
Net Receivables Turnover6.14Quick Ratio7.90
Inventory Turnover2.50Current Ratio8.95
Inventory Day Sales0.01Net Rec/Curr Assets0.09
Net Sales/Work Cap0.37Inv/Curr Assets0.12
Net Sales/PP&E0.18  

Income Statement (Millions)

  12/31/2010 12/31/2009 12/31/2008 12/31/2007
Total Revenues(Net Sales) 112.26 5.44 NA NA
Cost of Goods Sold 75.97 5.93 41.48 0.88
Selling & Admin Exps 29.72 16.61 15.29 27.57
Operating Income -23.83 -19.95 -57.05 -28.77
Interest Exp 13.92 1.10 2.73 NA
Pretax Income 369.54 -17.50 -15.19 -34.79
Other Income 407.36 3.55 44.59 -45.18
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 346.24 -13.19 -29.77 -73.95

Balance Sheet (Millions)

Assets 12/31/2010 12/31/2009 12/31/2008 12/31/2007
Cash & Short Term Investments 265.78 44.52 82.94 132.14
Receivables - Total 30.32 6.24 2.77 2.96
Inventories - Total 40.18 20.57 NA NA
Total Current Assets 342.05 75.20 86.81 135.56
Net Property, Plant & Equipment 613.66 612.62 201.84 69.97
Total Assets 1,262.02 749.93 348.55 263.06
Liabilities        
Accounts Payable 37.26 50.34 45.09 13.53
Debt in Current Liabilities NA NA NA 1.44
Total Current Liabilities 38.21 50.68 45.33 16.02
Long-Term Debt 121.88 114.11 104.05 NA
Total Liabilities 230.74 213.24 156.47 19.52
Stockholder's Equity        
Minority Interest 0.50 0.50 0.50 0.62
Preferred Stock NA NA NA NA
Common Stock 671.54 538.70 388.71 467.59
Retained Earnings 277.67 -68.57 -252.49 -275.38
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,031.28 536.69 192.09 243.54
Total Liabilities and Stockholders' Equity 1,262.02 749.93 348.55 263.06

Cash Flow Summary (Millions)

Categories 12/31/2010 12/31/2009 12/31/2008 12/31/2007
Net Cash Provided by Operating Activities -11.11 -39.94 -53.26 -41.81
Net Cash Provided by Investing Activities 92.69 -151.82 -91.45 -122.09
Net Cash Provided by Financing Activities 124.08 146.41 135.12 12.02

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20060.00-9.480.24
12/20070.00-73.95-0.55
12/20080.00-29.77-0.14
12/20095.44-13.19-0.19
12/2010112.26346.244.42
Growth RatesInfinity----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional12/31/1114643,32653.69




Report Date : 2/6/2012

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