Skeena Resources (TSE:SKE - Get Free Report) had its price target upped by stock analysts at Royal Bank of Canada from C$20.00 to C$23.00 in a report issued on Wednesday,BayStreet.CA reports. Royal Bank of Canada's target price would indicate a potential upside of 13.02% from the company's previous close.
Separately, Raymond James boosted their price target on shares of Skeena Resources from C$18.50 to C$21.00 in a report on Friday, April 4th.
View Our Latest Report on Skeena Resources
Skeena Resources Stock Performance
Shares of SKE traded up C$0.63 during trading hours on Wednesday, hitting C$20.35. The stock had a trading volume of 261,269 shares, compared to its average volume of 277,837. The company has a debt-to-equity ratio of 19.27, a quick ratio of 1.55 and a current ratio of 1.87. The firm has a 50-day moving average price of C$16.26 and a 200 day moving average price of C$14.74. Skeena Resources has a fifty-two week low of C$5.61 and a fifty-two week high of C$20.72. The firm has a market capitalization of C$2.23 billion, a price-to-earnings ratio of -12.29 and a beta of 1.65.
Insider Buying and Selling
In related news, Senior Officer Randy Reichert sold 19,094 shares of the company's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of C$15.62, for a total value of C$298,338.02. Also, Senior Officer Andrew Macritchie sold 36,191 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of C$17.55, for a total transaction of C$635,206.34. In the last quarter, insiders sold 105,177 shares of company stock valued at $1,779,152. 1.51% of the stock is owned by corporate insiders.
About Skeena Resources
(
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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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