Equities Analysts Offer Predictions for SKE FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS forecast for Skeena Resources to a loss of $1.32 per share from a previous estimate of $1.36, compared with the consensus estimate of a $1.29 loss.
• Skeena reported a quarterly loss of $0.21 per share, missing analysts’ expectations of a $0.11 loss by $0.10.
• Analyst opinions remain mixed, resulting in a consensus “Hold” rating; institutional investors own 45.15% of the company, while VanEck nearly doubled its stake in the second quarter.

Skeena Resources Limited (NYSE:SKE - Free Report) - Research analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Skeena Resources in a report released on Tuesday, October 13th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of ($1.32) for the year, up from their prior estimate of ($1.36). The consensus estimate for Skeena Resources' current full-year earnings is ($1.29) per share.

Skeena Resources (NYSE:SKE - Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.10).

Several other research firms have also commented on SKE. Wall Street Zen raised shares of Skeena Resources from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 15th. Weiss Ratings restated a "sell (d-)" rating on shares of Skeena Resources in a report on Thursday. Zacks Research raised shares of Skeena Resources from a "strong sell" rating to a "hold" rating in a research report on Friday, July 31st. Finally, Royal Bank Of Canada raised shares of Skeena Resources to a "moderate buy" rating in a research report on Tuesday, September 15th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Skeena Resources Price Performance

SKE opened at $31.96 on Friday. The business's 50-day moving average is $32.13 and its two-hundred day moving average is $30.21. Skeena Resources has a 1 year low of $15.43 and a 1 year high of $38.77. The company has a debt-to-equity ratio of 5.66, a current ratio of 3.15 and a quick ratio of 3.15. The firm has a market capitalization of $4.01 billion, a PE ratio of -21.30 and a beta of 1.18.

Institutional Trading of Skeena Resources

A number of institutional investors have recently made changes to their positions in the business. Van ECK Associates Corp grew its stake in Skeena Resources by 99.7% during the 2nd quarter. Van ECK Associates Corp now owns 9,017,001 shares of the company's stock worth $240,403,000 after buying an additional 4,501,723 shares during the last quarter. Bornite Capital Management LP increased its position in Skeena Resources by 23.4% during the 2nd quarter. Bornite Capital Management LP now owns 1,620,600 shares of the company's stock valued at $43,152,000 after buying an additional 307,600 shares in the last quarter. Royal Bank of Canada raised its stake in Skeena Resources by 4.5% in the first quarter. Royal Bank of Canada now owns 1,291,911 shares of the company's stock valued at $38,395,000 after buying an additional 55,463 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Skeena Resources in the second quarter valued at about $19,768,000. Finally, Groupe la Francaise raised its stake in Skeena Resources by 1.1% in the second quarter. Groupe la Francaise now owns 455,000 shares of the company's stock valued at $12,132,000 after buying an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 45.15% of the company's stock.

Skeena Resources Company Profile

Skeena Resources Limited is a Canadian mineral exploration and development company focused on advancing precious-metals projects in British Columbia's Golden Triangle. The company's primary asset is the Eskay Creek gold-silver project, a past-producing mine that Skeena is working to redevelop as a modern open-pit operation.

Skeena's activities include exploration, resource evaluation, technical studies, permitting and project development. Eskay Creek contains gold and silver mineralization, and the company is evaluating the infrastructure and processing requirements needed to support a potential restart of the site.

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