Skeena Resources (TSE:SKE) Insider Kyle Christopher Foster Sells 13,287 Shares

Key Points

• Kyle Christopher Foster sold 13,287 shares on May 5 and, together with three other recent sales (May 4 and two on April 17), disposed of 56,649 shares for total proceeds of about C$2.47 million.
• Skeena's stock rose about 6.5% to C$42.60 midday, and multiple analysts have raised price targets—consensus rating is Buy with an average target of C$47.43 (52‑week range C$15.26–C$53.00; market cap ~C$5.19B).

Skeena Resources Limited (TSE:SKE - Get Free Report) insider Kyle Christopher Foster sold 13,287 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of C$40.00, for a total transaction of C$531,480.00.

Kyle Christopher Foster also recently made the following trade(s):

• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The shares were sold at an average price of C$40.08, for a total transaction of C$602,362.32.
• On Friday, April 17th, Kyle Christopher Foster sold 23,333 shares of Skeena Resources stock. The stock was sold at an average price of C$47.12, for a total transaction of C$1,099,450.96.
• On Friday, April 17th, Kyle Christopher Foster sold 5,000 shares of Skeena Resources stock. The stock was sold at an average price of C$46.77, for a total transaction of C$233,850.00.

Skeena Resources Stock Up 6.5%

Shares of TSE SKE traded up C$2.59 during midday trading on Wednesday, reaching C$42.60. The company's stock had a trading volume of 149,931 shares, compared to its average volume of 435,422. 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 Limited has a fifty-two week low of C$15.26 and a fifty-two week high of C$53.00. The stock has a market capitalization of C$5.19 billion, a price-to-earnings ratio of -26.79 and a beta of 2.62. The stock has a 50 day simple moving average of C$43.53 and a 200-day simple moving average of C$36.74.

Skeena Resources (TSE:SKE - Get Free Report) last posted its quarterly earnings data on Tuesday, March 24th. The company reported C($0.61) earnings per share (EPS) for the quarter. Equities research analysts predict that Skeena Resources Limited will post -0.4862973 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SKE shares. Canadian Imperial Bank of Commerce lifted their target price on Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. TD Securities boosted their price target on Skeena Resources from C$35.00 to C$49.00 in a research note on Thursday, January 22nd. Scotiabank boosted their price target on Skeena Resources from C$25.00 to C$44.00 in a research note on Monday, January 26th. BMO Capital Markets upped their target price on Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. Finally, Canaccord Genuity Group upped their target price on Skeena Resources from C$40.00 to C$52.00 in a report on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Skeena Resources presently has a consensus rating of "Buy" and an average price target of C$47.43.

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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