Skeena Resources Limited (TSE:SKE – Free Report) – Research analysts at Desjardins decreased their FY2024 earnings per share estimates for shares of Skeena Resources in a report issued on Wednesday, June 26th. Desjardins analyst J. Sclodnick now forecasts that the company will post earnings per share of ($0.52) for the year, down from their previous forecast of ($0.36). Desjardins currently has a “Buy” rating and a $20.00 target price on the stock. The consensus estimate for Skeena Resources’ current full-year earnings is ($0.49) per share. Desjardins also issued estimates for Skeena Resources’ FY2025 earnings at ($0.20) EPS.
Skeena Resources (TSE:SKE – Get Free Report) last announced its quarterly earnings data on Friday, May 10th. The company reported C($0.30) EPS for the quarter, missing the consensus estimate of C($0.06) by C($0.24).
View Our Latest Stock Analysis on Skeena Resources
Skeena Resources Stock Performance
TSE:SKE opened at C$6.62 on Friday. The business has a fifty day simple moving average of C$6.40 and a two-hundred day simple moving average of C$6.06. Skeena Resources has a 1 year low of C$4.20 and a 1 year high of C$7.31. The company has a market capitalization of C$601.16 million, a P/E ratio of -5.13 and a beta of 1.68. The company has a debt-to-equity ratio of 26.00, a current ratio of 3.86 and a quick ratio of 1.55.
Insiders Place Their Bets
In other news, Senior Officer Randy Reichert sold 53,100 shares of the firm’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total transaction of C$334,476.90. Corporate insiders own 1.79% of the company’s stock.
About Skeena Resources
Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.
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