Analysts Issue Forecasts for SKE FY2026 Earnings

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

Skeena Resources (NYSE:SKE - Get Free Report) last released its earnings results 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).

A number of other equities research analysts have also issued reports on the company. CIBC reissued an "outperform" rating on shares of Skeena Resources in a research report on Thursday, May 22nd. Wall Street Zen cut Skeena Resources from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd.

Skeena Resources Price Performance

Shares of Skeena Resources stock traded down $0.50 during trading on Wednesday, hitting $15.15. 388,462 shares of the company were exchanged, compared to its average volume of 401,555. The firm's fifty day moving average price is $13.13 and its 200 day moving average price is $11.05. The firm has a market capitalization of $1.74 billion, a P/E ratio of -13.18 and a beta of 1.19. Skeena Resources has a 1-year low of $4.85 and a 1-year high of $16.11.

Institutional Investors Weigh In On Skeena Resources

Hedge funds have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Skeena Resources in the 4th quarter valued at about $31,000. Tower Research Capital LLC TRC increased its position in shares of Skeena Resources by 2,067.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,809 shares of the company's stock worth $51,000 after buying an additional 5,541 shares during the period. Northwest & Ethical Investments L.P. bought a new position in Skeena Resources during the first quarter worth $77,000. Cubist Systematic Strategies LLC acquired a new position in Skeena Resources in the first quarter valued at $89,000. Finally, Banque Cantonale Vaudoise bought a new stake in Skeena Resources during the first quarter valued at $91,000. Institutional investors and hedge funds own 45.15% of the company's stock.

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.