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Skyharbour Resources (CVE:SYH) Shares Down 4.5% - Should You Sell?

Skyharbour Resources logo with Basic Materials background

Skyharbour Resources Ltd. (CVE:SYH - Get Free Report)'s stock price traded down 4.5% during mid-day trading on Friday . The stock traded as low as C$0.43 and last traded at C$0.43. 51,276 shares traded hands during trading, a decline of 86% from the average session volume of 369,018 shares. The stock had previously closed at C$0.45.

Analyst Ratings Changes

Separately, Fundamental Research set a C$1.21 price objective on shares of Skyharbour Resources and gave the stock a "buy" rating in a research report on Thursday, August 8th.

View Our Latest Research Report on SYH

Skyharbour Resources Price Performance

The stock has a 50-day moving average price of C$0.41 and a 200 day moving average price of C$0.40. The firm has a market cap of C$77.58 million, a PE ratio of -21.25 and a beta of 1.84.

About Skyharbour Resources

(Get Free Report)

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada.

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