Skeena Resources (TSE:SKE - Free Report) had its price target boosted by Raymond James from C$18.50 to C$21.00 in a research note released on Friday morning,BayStreet.CA reports.
A number of other brokerages have also recently weighed in on SKE. Royal Bank of Canada increased their price target on Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. Scotiabank increased their target price on Skeena Resources from C$13.50 to C$14.00 in a research report on Wednesday, January 15th.
Check Out Our Latest Research Report on SKE
Skeena Resources Stock Performance
SKE traded up C$0.78 on Friday, hitting C$13.06. 567,479 shares of the company's stock were exchanged, compared to its average volume of 277,174. The company has a current ratio of 1.87, a quick ratio of 1.55 and a debt-to-equity ratio of 19.27. The stock has a fifty day moving average of C$14.56 and a two-hundred day moving average of C$13.45. Skeena Resources has a twelve month low of C$5.61 and a twelve month high of C$16.79. The firm has a market cap of C$1.43 billion, a PE ratio of -7.89 and a beta of 1.65.
Insider Activity at Skeena Resources
In other Skeena Resources news, Senior Officer Randy Reichert sold 17,956 shares of the business's stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of C$13.89, for a total transaction of C$249,430.39. Also, Senior Officer Andrew Macritchie sold 59,992 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of C$15.67, for a total transaction of C$940,074.64. Insiders have sold a total of 192,488 shares of company stock worth $2,882,390 in the last three months. 1.51% of the stock is owned by company 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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