Scotiabank Has Bearish Forecast for TSE:SKE FY2027 Earnings

Key Points

• Scotiabank cut FY2027 EPS — analyst O. Habib lowered Skeena Resources' FY2027 EPS forecast to $0.71 from $0.80; the consensus current full-year estimate is a loss of ($0.49) per share and the company reported C($0.61) EPS in the most recent quarter.
• Analysts and the market remain largely positive — several firms have raised price targets (average consensus target C$47.43) and three analysts rate the stock a "Buy," with SKE trading around C$46.15 (12‑month high C$53) and a market cap of C$5.62 billion.

Skeena Resources Limited (TSE:SKE - Free Report) - Investment analysts at Scotiabank decreased their FY2027 earnings per share (EPS) estimates for Skeena Resources in a report released on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.71 for the year, down from their prior forecast of $0.80. The consensus estimate for Skeena Resources' current full-year earnings is ($0.49) per share.

Skeena Resources (TSE:SKE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The company reported C($0.61) EPS for the quarter.

Other equities analysts have also issued reports about the stock. BMO Capital Markets raised their price objective on shares of Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Canaccord Genuity Group raised their price objective on shares of Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. TD Securities raised their price objective on shares of Skeena Resources from C$35.00 to C$49.00 in a research report on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce raised their price objective on shares of Skeena Resources from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Skeena Resources has an average rating of "Buy" and a consensus target price of C$47.43.

Skeena Resources Price Performance

SKE stock opened at C$46.15 on Monday. The firm has a 50 day moving average of C$43.71 and a 200-day moving average of C$34.86. The company has a current ratio of 1.82, a quick ratio of 1.55 and a debt-to-equity ratio of 39.64. Skeena Resources has a 12 month low of C$14.79 and a 12 month high of C$53.00. The firm has a market capitalization of C$5.62 billion, a P/E ratio of -29.03 and a beta of 2.57.

Skeena Resources Company Profile

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.

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