FY2026 Earnings Estimate for SKE Issued By Desjardins

Key Points

• Desjardins forecasts Skeena Resources will report an EPS of ($0.36) for FY2026, improving from the current estimate of ($0.98) per share.
• Following their last earnings report, which missed estimates, TD Securities has initiated coverage on Skeena Resources with a "buy" rating.
• Institutional investors currently hold 45.15% of Skeena Resources' stock, with notable boosts from Helikon Investments and Amundi in recent quarters.

Skeena Resources Limited (NYSE:SKE - Free Report) - Equities research analysts at Desjardins issued their FY2026 EPS estimates for shares of Skeena Resources in a research note issued on Thursday, September 25th. Desjardins analyst A. Carson forecasts that the company will post earnings per share of ($0.36) for the year. The consensus estimate for Skeena Resources' current full-year earnings is ($0.98) per share. Desjardins also issued estimates for Skeena Resources' FY2027 earnings at ($0.05) EPS.

Skeena Resources (NYSE:SKE - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.01). The business had revenue of $1.90 million for the quarter, compared to analysts' expectations of $1.90 million.

Separately, TD Securities started coverage on Skeena Resources in a research report on Tuesday, August 12th. They issued a "buy" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy".

Skeena Resources Trading Up 1.3%

SKE opened at $18.03 on Friday. The business's 50 day moving average is $16.33 and its 200-day moving average is $13.91. The stock has a market cap of $2.07 billion, a PE ratio of -16.54 and a beta of 1.26. Skeena Resources has a twelve month low of $7.32 and a twelve month high of $19.33.

Institutional Investors Weigh In On Skeena Resources

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Helikon Investments Ltd boosted its stake in Skeena Resources by 17.7% during the 2nd quarter. Helikon Investments Ltd now owns 14,030,111 shares of the company's stock valued at $223,359,000 after purchasing an additional 2,112,796 shares in the last quarter. Amundi boosted its stake in Skeena Resources by 43.4% during the second quarter. Amundi now owns 2,258,524 shares of the company's stock valued at $35,640,000 after buying an additional 683,524 shares in the last quarter. Jupiter Asset Management Ltd. grew its holdings in Skeena Resources by 28.4% during the first quarter. Jupiter Asset Management Ltd. now owns 1,616,139 shares of the company's stock worth $16,293,000 after acquiring an additional 357,146 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Skeena Resources by 1.0% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,539,488 shares of the company's stock worth $24,503,000 after acquiring an additional 15,450 shares during the period. Finally, TD Asset Management Inc raised its position in Skeena Resources by 28.9% in the first quarter. TD Asset Management Inc now owns 1,285,382 shares of the company's stock worth $12,959,000 after acquiring an additional 288,312 shares in the last quarter. Institutional investors 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.

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