Skeena Resources (SKE) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Prolific Resources Ltd. and changed its name to Skeena Resources Limited in June 1990. Skeena Resources Limited was incorporated in 1979 and is based in Vancouver, Canada.

Key Stats

• Today's Range: C$12.03 to C$12.41
• 50-Day Range: C$10.51 to C$14.19
• 52-Week Range: C$4.48 to C$14.28
• Volume: 146,739 shs
• Average Volume: 326,932 shs
• Market Capitalization: C$1.32 billion
• P/E Ratio: N/A
• Dividend Yield: 4.17%
• Price Target: C$16.96
• Consensus Rating: Buy

Skeena Resources Stock Analysis - MarketRank™

Skeena Resources scored higher than 49% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Skeena Resources has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Skeena Resources has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Skeena Resources is -8.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Skeena Resources is -8.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Skeena Resources has a P/B Ratio of 7.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SKE.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Skeena Resources is a leading dividend payer. It pays a dividend yield of 4.17%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Skeena Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SKE.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.12

News Sentiment

Skeena Resources has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Skeena Resources this week, compared to 1 article on an average week.

Search Interest

Only 4 people have searched for SKE on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Skeena Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,171,233.00 in company stock.

Percentage Held by Insiders

Only 1.51% of the stock of Skeena Resources is held by insiders.

Percentage Held by Institutions

71.39% of the stock of Skeena Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SKE Stock Analysis - Frequently Asked Questions

How have SKE shares performed this year?

Skeena Resources' stock was trading at C$6.45 on January 1st, 2024. Since then, SKE shares have increased by 91.0% and is now trading at C$12.32.
View the best growth stocks for 2024 here.

When did Skeena Resources' stock split?

Shares of Skeena Resources reverse split on Monday, June 7th 2021. The 1-4 reverse split was announced on Friday, June 4th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 10th 2021. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

How do I buy shares of Skeena Resources?

Shares of SKE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Skeena Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Skeena Resources investors own include TELUS (T), Whitecap Resources (WCP), Intel (INTC), Barrick Gold (ABX), Calibre Mining (CXB), Tamarack Valley Energy (TVE) and B2Gold (BTO).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Precious Metals
• Current Symbol: TSE:SKE
• CUSIP: N/A
• CIK: N/A
• Web: www.skeenaresources.com
• Phone: 604-684-8725
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$16.96
• High Stock Price Target: C$20.00
• Low Stock Price Target: C$13.50
• Potential Upside/Downside: +36.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($1.53)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-135,150,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -77.80%
• Return on Assets: -38.21%

Debt

• Debt-to-Equity Ratio: 10.23
• Current Ratio: 2.88
• Quick Ratio: 1.55

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.58 per share
• Price / Cash Flow: 21.30
• Book Value: C$1.60 per share
• Price / Book: 7.74

Miscellaneous

• Outstanding Shares: 106,650,000
• Free Float: N/A
• Market Cap: C$1.32 billion
• Optionable: Not Optionable
• Beta: 1.65