Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$52,500.00 in Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of C$10.50, for a total value of C$52,500.00.

Skeena Resources Price Performance

Skeena Resources stock opened at C$11.95 on Monday. The company has a debt-to-equity ratio of 10.23, a current ratio of 2.88 and a quick ratio of 1.55. Skeena Resources Limited has a one year low of C$4.20 and a one year high of C$12.08. The firm has a market capitalization of C$1.27 billion, a P/E ratio of -7.81 and a beta of 1.65. The business has a fifty day moving average price of C$9.61 and a 200-day moving average price of C$7.48.

Skeena Resources (TSE:SKE) last issued its earnings results on Thursday, August 8th. The company reported C($0.38) EPS for the quarter, missing the consensus estimate of C($0.08) by C($0.30). As a group, equities research analysts forecast that Skeena Resources Limited will post -0.4862973 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on SKE shares. BMO Capital Markets raised their price objective on shares of Skeena Resources from C$18.00 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. Scotiabank upped their price objective on Skeena Resources from C$12.00 to C$13.50 in a research note on Monday, August 19th. Canaccord Genuity Group increased their price objective on Skeena Resources from C$17.00 to C$17.25 in a report on Tuesday, July 23rd. Royal Bank of Canada boosted their target price on Skeena Resources from C$15.00 to C$17.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Finally, Desjardins increased their price target on Skeena Resources from C$19.75 to C$20.00 and gave the stock a “buy” rating in a research note on Wednesday, June 26th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Skeena Resources has an average rating of “Buy” and an average target price of C$16.96.

Skeena Resources Company Profile

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.