Skyharbour Resources (CVE:SYH) Trading 1.6% Higher - Time to Buy?

Skyharbour Resources Ltd. (CVE:SYH - Get Free Report)'s stock price traded up 1.6% on Thursday . The company traded as high as C$0.33 and last traded at C$0.33. 194,368 shares were traded during trading, a decline of 47% from the average session volume of 366,609 shares. The stock had previously closed at C$0.32.

Analyst Upgrades and Downgrades

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

Skyharbour Resources Trading Down 3.2%

The company's fifty day simple moving average is C$0.33 and its 200 day simple moving average is C$0.33. The firm has a market capitalization of C$63.28 million, a P/E ratio of -15.72 and a beta of 1.84.

Skyharbour Resources Company Profile

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.