Skeena Resources (TSE:SKE - Free Report) had its target price raised by CIBC from C$19.00 to C$26.00 in a report published on Monday morning,BayStreet.CA reports.
A number of other research analysts have also recently weighed in on the company. Raymond James Financial lifted their price objective on Skeena Resources from C$18.50 to C$21.00 in a research report on Friday, April 4th. Royal Bank Of Canada lifted their price target on shares of Skeena Resources from C$23.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Monday, June 23rd.
Check Out Our Latest Stock Report on SKE
Skeena Resources Stock Performance
TSE SKE traded down C$0.29 during trading hours on Monday, hitting C$21.94. The company's stock had a trading volume of 202,076 shares, compared to its average volume of 268,035. Skeena Resources has a 12 month low of C$7.74 and a 12 month high of C$23.62. The company has a market cap of C$2.40 billion, a P/E ratio of -13.25 and a beta of 1.65. The company has a debt-to-equity ratio of 19.27, a current ratio of 1.87 and a quick ratio of 1.55. The company's 50 day simple moving average is C$20.00 and its two-hundred day simple moving average is C$16.65.
Insider Activity
In other news, Senior Officer Paul Geddes sold 5,200 shares of the firm's stock in a transaction on Friday, May 16th. The stock was sold at an average price of C$15.62, for a total transaction of C$81,248.44. Also, Director Walter Coles Jr. sold 25,000 shares of the firm's stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of C$16.36, for a total value of C$408,985.00. In the last 90 days, insiders have sold 105,177 shares of company stock valued at $1,779,152. Company insiders own 1.51% of the company's stock.
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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