Skeena Resources Limited (TSE:SKE - Get Free Report)'s stock price was down 0.1% on Wednesday . The company traded as low as C$22.16 and last traded at C$22.55. Approximately 270,543 shares were traded during mid-day trading, an increase of 1% from the average daily volume of 268,252 shares. The stock had previously closed at C$22.57.
Analysts Set New Price Targets
A number of analysts recently weighed in on SKE shares. Raymond James Financial increased their price target on shares of Skeena Resources from C$18.50 to C$21.00 in a research report on Friday, April 4th. Royal Bank Of Canada increased their target price on 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.
View Our Latest Analysis on SKE
Skeena Resources Trading Up 0.2%
The firm has a fifty day moving average price of C$19.59 and a 200 day moving average price of C$16.49. The company has a market cap of C$2.45 billion, a price-to-earnings ratio of -13.50 and a beta of 1.65. The company has a debt-to-equity ratio of 19.27, a quick ratio of 1.55 and a current ratio of 1.87.
Insider Buying and Selling at Skeena Resources
In related news, Senior Officer Andrew Macritchie sold 36,191 shares of the firm's stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of C$17.55, for a total value of C$635,206.34. Also, Senior Officer Randy Reichert sold 19,094 shares of Skeena Resources 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. Over the last ninety days, insiders have sold 105,177 shares of company stock worth $1,779,152. 1.51% of the stock is currently owned by corporate insiders.
About Skeena Resources
(
Get Free Report)
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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