Brokers Issue Forecasts for SKE FY2026 Earnings

Skeena Resources Limited (NYSE:SKE - Free Report) - Raymond James Financial issued their FY2026 earnings per share estimates for Skeena Resources in a note issued to investors on Monday, June 23rd. Raymond James Financial analyst C. Stanley anticipates that the company will post earnings per share of ($0.07) for the year. Raymond James Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Skeena Resources' current full-year earnings is ($0.98) per share.

SKE has been the subject of several other reports. CIBC reaffirmed an "outperform" rating on shares of Skeena Resources in a research note on Thursday, May 22nd. Wall Street Zen lowered Skeena Resources from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd.

Skeena Resources Price Performance

SKE traded down $0.11 during trading on Wednesday, hitting $15.13. 302,341 shares of the stock traded hands, compared to its average volume of 405,371. The firm has a market capitalization of $1.74 billion, a P/E ratio of -13.16 and a beta of 1.19. Skeena Resources has a 12-month low of $4.10 and a 12-month high of $16.11. The firm has a 50-day moving average of $12.96 and a 200 day moving average of $10.93.

Skeena Resources (NYSE:SKE - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.03).

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Skeena Resources during the fourth quarter valued at about $31,000. Tower Research Capital LLC TRC grew its holdings in shares of Skeena Resources by 2,067.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 5,809 shares of the company's stock worth $51,000 after acquiring an additional 5,541 shares during the period. Northwest & Ethical Investments L.P. bought a new position in shares of Skeena Resources in the 1st quarter worth approximately $77,000. Cubist Systematic Strategies LLC purchased a new position in shares of Skeena Resources in the 1st quarter valued at approximately $89,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Skeena Resources in the 1st quarter valued at approximately $91,000. 45.15% of the stock is currently owned by institutional investors.

Skeena Resources Company Profile

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.