Skeena Resources Limited (TSE:SKE - Get Free Report) was up 2.1% during trading on Friday . The stock traded as high as C$13.44 and last traded at C$13.41. Approximately 296,787 shares traded hands during trading, a decline of 9% from the average daily volume of 324,396 shares. The stock had previously closed at C$13.13.
Analyst Ratings Changes
SKE has been the topic of a number of recent analyst reports. Royal Bank of Canada increased their price objective on shares of Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. Desjardins raised Skeena Resources to a "moderate buy" rating in a report on Thursday, October 31st. Finally, CIBC decreased their price target on Skeena Resources from C$17.00 to C$16.00 in a report on Monday, December 2nd. Three research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Skeena Resources presently has a consensus rating of "Buy" and a consensus target price of C$16.96.
Get Our Latest Stock Analysis on SKE
Skeena Resources Price Performance
The stock's 50-day moving average is C$12.97 and its 200 day moving average is C$10.72. The company has a debt-to-equity ratio of 10.23, a quick ratio of 1.55 and a current ratio of 2.88. The stock has a market capitalization of C$1.43 billion, a PE ratio of -8.76 and a beta of 1.65.
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 that occurred on Thursday, November 14th. The stock was sold at an average price of C$10.58, for a total value of C$740,509.00. Corporate insiders own 1.51% of the company's stock.
Skeena Resources Company Profile
(
Get Free Report)
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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