Research Analysts Set Expectations for SKE FY2025 Earnings

Key Points

• Desjardins analysts project Skeena Resources will report an earnings per share of ($0.58) for FY2025, compared to a current consensus estimate of ($0.98) per share.
• Despite mixed ratings, the average rating for Skeena Resources remains a "Moderate Buy" based on assessments from five equity research analysts.
• Skeena Resources shares saw a 4.4% drop recently, with the stock trading at $17.95 and a market capitalization of $2.06 billion.

Skeena Resources Limited (NYSE:SKE - Free Report) - Equities research analysts at Desjardins issued their FY2025 earnings per share estimates for Skeena Resources in a report released on Wednesday, October 8th. Desjardins analyst A. Carson expects that the company will post earnings of ($0.58) per share for the year. Desjardins has a "Moderate Buy" rating on the stock. The consensus estimate for Skeena Resources' current full-year earnings is ($0.98) per share. Desjardins also issued estimates for Skeena Resources' FY2026 earnings at ($0.29) EPS and FY2027 earnings at $0.14 EPS.

Other equities research analysts also recently issued reports about the company. TD Securities initiated coverage on Skeena Resources in a report on Tuesday, August 12th. They set a "buy" rating on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Skeena Resources in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

Skeena Resources Trading Down 4.4%

NYSE SKE opened at $17.95 on Friday. The stock's 50 day moving average is $16.85 and its two-hundred day moving average is $14.44. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of -16.47 and a beta of 1.27. Skeena Resources has a 1-year low of $7.32 and a 1-year high of $19.33.

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

Hedge Funds Weigh In On Skeena Resources

Institutional investors have recently bought and sold shares of the business. Northwest & Ethical Investments L.P. bought a new position in Skeena Resources in the 1st quarter valued at $77,000. Cubist Systematic Strategies LLC bought a new position in Skeena Resources in the 1st quarter valued at $89,000. Banque Cantonale Vaudoise bought a new position in Skeena Resources in the 1st quarter valued at $91,000. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Skeena Resources in the 1st quarter valued at $101,000. Finally, FNY Investment Advisers LLC increased its stake in shares of Skeena Resources by 237.5% in the 1st quarter. FNY Investment Advisers LLC now owns 13,500 shares of the company's stock valued at $136,000 after buying an additional 9,500 shares during the period. Institutional investors own 45.15% of the company's stock.

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.

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