Raymond James Financial Has Negative View of SKE Q3 Earnings

Key Points

• Raymond James Financial has reduced Skeena Resources' Q3 2025 earnings per share estimate to (0.06), down from a previous estimate of (0.02), reflecting a negative outlook for the company.
• Despite the downgrades, several analysts have rated Skeena Resources with a "Buy" or "Strong Buy," indicating continued investment interest, with an average rating of "Buy" currently.
• Skeena Resources has shown significant fluctuations in stock performance, with a 12-month trading range between $7.22 and $17.25, and it has a market capitalization of $1.80 billion.

Skeena Resources Limited (NYSE:SKE - Free Report) - Analysts at Raymond James Financial decreased their Q3 2025 EPS estimates for Skeena Resources in a research note issued on Tuesday, August 26th. Raymond James Financial analyst C. Stanley now expects that the company will post earnings per share of ($0.06) for the quarter, down from their prior estimate of ($0.02). The consensus estimate for Skeena Resources' current full-year earnings is ($0.98) per share. Raymond James Financial also issued estimates for Skeena Resources' Q4 2025 earnings at ($0.06) EPS, Q1 2026 earnings at ($0.02) EPS, Q2 2026 earnings at ($0.02) EPS, Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.06) EPS and FY2026 earnings at ($0.13) EPS.

Other research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Skeena Resources from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. CIBC reiterated an "outperform" rating on shares of Skeena Resources in a report on Thursday, May 22nd. Finally, TD Securities initiated coverage on shares of Skeena Resources in a report on Tuesday, August 12th. They set a "buy" rating for the company. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy".

Skeena Resources Price Performance

Shares of NYSE SKE traded up $0.13 during mid-day trading on Friday, reaching $17.45. 162,766 shares of the company's stock traded hands, compared to its average volume of 417,516. The stock has a market cap of $2.00 billion, a P/E ratio of -16.02 and a beta of 1.26. The business has a 50-day simple moving average of $15.65 and a 200 day simple moving average of $13.01. Skeena Resources has a 1-year low of $7.22 and a 1-year high of $17.65.

Skeena Resources (NYSE:SKE - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $1.90 million for the quarter, compared to analysts' expectations of $1.90 million.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Mackenzie Financial Corp lifted its position in shares of Skeena Resources by 4.3% during the fourth quarter. Mackenzie Financial Corp now owns 42,003 shares of the company's stock valued at $365,000 after purchasing an additional 1,742 shares in the last quarter. Geode Capital Management LLC raised its position in Skeena Resources by 4.3% in the second quarter. Geode Capital Management LLC now owns 45,364 shares of the company's stock worth $719,000 after acquiring an additional 1,881 shares during the period. Federation des caisses Desjardins du Quebec raised its position in Skeena Resources by 1.2% in the first quarter. Federation des caisses Desjardins du Quebec now owns 275,745 shares of the company's stock worth $2,761,000 after acquiring an additional 3,325 shares during the period. Quantbot Technologies LP raised its position in Skeena Resources by 40.5% in the second quarter. Quantbot Technologies LP now owns 13,077 shares of the company's stock worth $208,000 after acquiring an additional 3,767 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Skeena Resources by 6.0% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 68,480 shares of the company's stock worth $597,000 after acquiring an additional 3,878 shares during the period. 45.15% of the stock is owned by institutional investors.

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.