Skeena Resources Limited (TSE:SKE - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$14.70 and last traded at C$13.92, with a volume of 711963 shares. The stock had previously closed at C$13.04.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Desjardins upgraded shares of Skeena Resources to a "moderate buy" rating in a report on Thursday, October 31st. Royal Bank of Canada raised their price objective on shares of Skeena Resources from C$17.00 to C$18.00 in a research note on Friday, December 6th. CIBC lowered their price objective on shares of Skeena Resources from C$17.00 to C$16.00 in a research report on Monday, December 2nd. Finally, Scotiabank increased their target price on Skeena Resources from C$13.50 to C$14.00 in a report on Wednesday.
View Our Latest Research Report on Skeena Resources
Skeena Resources Trading Down 3.2 %
The business's 50-day simple moving average is C$12.86 and its 200-day simple moving average is C$11.28. The company has a market cap of C$1.44 billion, a PE ratio of -8.81 and a beta of 1.65. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23.
Insiders Place Their Bets
In other Skeena Resources news, Director Craig Andrew Parry sold 70,000 shares of the business's stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of C$10.58, for a total value of C$740,509.00. Insiders own 1.51% of the company's stock.
About Skeena Resources
(
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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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