Skyharbour Resources (CVE:SYH) Reaches New 1-Year Low - What's Next?

Skyharbour Resources Ltd. (CVE:SYH - Get Free Report)'s share price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.31 and last traded at C$0.31, with a volume of 292470 shares. The stock had previously closed at C$0.34.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$1.02 price objective on shares of Skyharbour Resources and gave the stock a "buy" rating in a report on Thursday, January 30th.

Skyharbour Resources Trading Up 5.1 %

The business's 50-day simple moving average is C$0.34 and its 200 day simple moving average is C$0.38. The company has a market capitalization of C$64.31 million, a P/E ratio of -15.98 and a beta of 1.84.

Skyharbour Resources Company Profile

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.