Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Silver Standard Resources (SSRI) A New Era As A Multi-Mine Precious Metals Producer, Zumiez (ZUMZ) Raises Guidance On Better Than Planned Sales Results

|Includes:Silver Standard Resources, Inc (SSRI), ZUMZ Silver Standard Resources Inc. (NASDAQ:SSRI)

Keep a close eye on SSRI. According to its second quarter 2014 operational update, SSRI delivered strong silver and zinc production at the Pirquitas mine in Jujuy, Argentina and exceeded its gold production schedule at the Marigold mine in Nevada, U.S.

For the period, SSRI produced 2.0 million ounces of silver and 9.3 million pounds of zinc at Pirquitas, on track to deliver full year guidance, while at Marigold SSRI produced 22,060 ounces of gold, 10% higher than the second quarter guidance of 20,000 ounces.

SSRI is a mining company focused on the operation, development, exploration and acquisition of precious metal projects. In April 2014, SSRI became a multi-mine precious metals producer with the acquisition of the Marigold mine, a gold mine in Nevada, U.S.

More about Silver Standard Resources Inc. (SSRI) at


ZUMZ reported that total net sales for the five-week period ended July 5, 2014 increased 11.1% to $65.3 million, compared to $58.8 million for the five-week period ended July 6, 2013. ZUMZ's comparable store sales increased 3.1% for the five-week period compared to a comparable store sales increase of 1.0% in the year ago period.

Based primarily on better than planned sales results, ZUMZ is revising guidance and now expects fiscal 2014 second quarter sales in the range of $174 to $176 million and net income per diluted share of approximately $0.19 to $0.21, an increase from the previously issued guidance of sales in the range of $167 to $171 million and net income per diluted share of approximately $0.12 to $0.16.

ZUMZ is a leading multi-channel specialty retailer of action sports related apparel, footwear, equipment and accessories, focusing on skateboarding, snowboarding, surfing, motocross and BMX for young men and women.

More about Zumiez Inc. (ZUMZ) at


Read Full Disclaimer at

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: SSRI, ZUMZ