Raymond James Financial Comments on SKE Q1 Earnings

Skeena Resources Limited (NYSE:SKE - Free Report) - Investment analysts at Raymond James Financial issued their Q1 2026 earnings per share (EPS) estimates for shares of Skeena Resources in a research note issued on Monday, June 23rd. Raymond James Financial analyst C. Stanley anticipates that the company will post earnings of ($0.01) per share for the quarter. 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. Raymond James Financial also issued estimates for Skeena Resources' Q2 2026 earnings at ($0.01) EPS, Q3 2026 earnings at $0.00 EPS and Q4 2026 earnings at ($0.05) EPS.

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 the consensus estimate of ($0.03) by ($0.03).

Several other equities analysts have also recently weighed in on SKE. CIBC reiterated an "outperform" rating on shares of Skeena Resources in a report on Thursday, May 22nd. Wall Street Zen cut Skeena Resources from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd.

Skeena Resources Trading Down 3.2%

Shares of NYSE:SKE traded down $0.50 during trading on Tuesday, hitting $15.15. 388,462 shares of the company's stock traded hands, compared to its average volume of 401,555. Skeena Resources has a 52 week low of $4.85 and a 52 week high of $16.11. The company has a market cap of $1.74 billion, a price-to-earnings ratio of -13.18 and a beta of 1.19. The company has a 50-day moving average price of $13.13 and a 200-day moving average price of $11.05.

Institutional Investors Weigh In On Skeena Resources

Several institutional investors have recently bought and sold shares of SKE. Helikon Investments Ltd lifted its stake in Skeena Resources by 33.4% in the 1st quarter. Helikon Investments Ltd now owns 11,917,315 shares of the company's stock valued at $120,246,000 after acquiring an additional 2,986,891 shares in the last quarter. Bornite Capital Management LP bought a new stake in Skeena Resources in the 1st quarter valued at approximately $9,581,000. Invesco Ltd. lifted its stake in Skeena Resources by 4,414.9% in the 4th quarter. Invesco Ltd. now owns 783,964 shares of the company's stock valued at $6,836,000 after acquiring an additional 766,600 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in Skeena Resources in the 4th quarter valued at approximately $4,549,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Skeena Resources by 31.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,524,038 shares of the company's stock valued at $15,370,000 after acquiring an additional 367,300 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.