Desjardins Weighs in on TSE:SKE FY2026 Earnings

Key Points

• Desjardins analysts project Skeena Resources will report a FY2026 earnings per share of ($0.50), slightly below the current consensus estimate of ($0.49).
• The stock has been upgraded by various analysts, with price targets ranging from C$21.00 to C$36.00, reflecting a consensus rating of "Strong Buy" and an average target price of C$25.50.
• Insider transactions include Director Craig Andrew Parry selling 15,000 shares at an average price of C$20.48, resulting in a decrease of 6.23% in his position.

Skeena Resources Limited (TSE:SKE - Free Report) - Analysts at Desjardins issued their FY2026 earnings per share estimates for shares of Skeena Resources in a research note issued to investors on Thursday, September 25th. Desjardins analyst A. Carson anticipates that the company will post earnings of ($0.50) per share for the year. The consensus estimate for Skeena Resources' current full-year earnings is ($0.49) per share. Desjardins also issued estimates for Skeena Resources' FY2027 earnings at $0.07 EPS.

SKE has been the topic of several other reports. CIBC upped their price objective on shares of Skeena Resources from C$26.00 to C$36.00 in a report on Thursday. Raymond James Financial upped their price target on shares of Skeena Resources from C$21.00 to C$26.00 in a research note on Thursday, August 21st. TD Securities upgraded shares of Skeena Resources to a "strong-buy" rating in a research report on Tuesday, August 12th. Finally, Royal Bank Of Canada boosted their price objective on Skeena Resources from C$23.00 to C$26.00 and gave the stock an "outperform" rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Strong Buy" and an average target price of C$25.50.

Skeena Resources Stock Up 1.7%

SKE opened at C$25.15 on Friday. The stock's fifty day simple moving average is C$22.50 and its 200 day simple moving average is C$19.24. Skeena Resources has a 1-year low of C$10.34 and a 1-year high of C$26.41. The stock has a market cap of C$2.89 billion, a PE ratio of -16.77 and a beta of 1.67. The company has a current ratio of 1.87, a quick ratio of 1.55 and a debt-to-equity ratio of 19.27.

Insiders Place Their Bets

In other Skeena Resources news, Director Craig Andrew Parry sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of C$20.48, for a total transaction of C$307,203.00. Following the transaction, the director owned 225,926 shares in the company, valued at C$4,627,009.67. This represents a 6.23% decrease in their position. 1.51% of the stock is owned by company insiders.

About Skeena Resources

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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