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Skyharbour Resources (CVE:SYH) Hits New 12-Month Low - What's Next?

Skyharbour Resources logo with Basic Materials background

Key Points

  • Skyharbour Resources Ltd. has reached a new 52-week low of C$0.28, with recent trading volume at 458,932 shares.
  • Fundamental Research has set a price objective of C$1.01 for the stock and issued a "buy" rating.
  • The company holds significant interests in multiple uranium projects in Saskatchewan, including 51% in the Preston Uranium project and 80% in the Hook Lake project.
  • Looking to Export and Analyze Skyharbour Resources Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Skyharbour Resources Ltd. (CVE:SYH - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.28 and last traded at C$0.28, with a volume of 458932 shares trading hands. The stock had previously closed at C$0.29.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$1.01 price objective on Skyharbour Resources and gave the stock a "buy" rating in a research note on Wednesday, July 2nd.

Get Our Latest Stock Report on SYH

Skyharbour Resources Price Performance

The company's fifty day moving average is C$0.32 and its 200-day moving average is C$0.33. The stock has a market cap of C$58.09 million, a PE ratio of -14.43 and a beta of 1.84.

About Skyharbour Resources

(Get Free Report)

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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