Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert Sells 53,100 Shares

Skeena Resources Limited (TSE:SKE - Get Free Report) Senior Officer Randy Reichert sold 53,100 shares of the business's stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total value of C$334,476.90.

Skeena Resources Stock Down 2.5 %

Shares of SKE traded down C$0.16 during mid-day trading on Wednesday, reaching C$6.33. The company's stock had a trading volume of 244,847 shares, compared to its average volume of 314,161. The stock has a market cap of C$571.09 million, a PE ratio of -5.65 and a beta of 1.67. Skeena Resources Limited has a 12-month low of C$4.20 and a 12-month high of C$10.38. The company's 50 day moving average is C$5.83 and its 200 day moving average is C$5.78. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.35 and a quick ratio of 1.55.

Skeena Resources (TSE:SKE - Get Free Report) last issued its quarterly earnings data on Monday, April 1st. The company reported C($0.37) earnings per share for the quarter. Equities analysts anticipate that Skeena Resources Limited will post -0.4862973 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SKE. Raymond James lifted their price objective on Skeena Resources from C$13.00 to C$14.00 in a report on Tuesday. Canaccord Genuity Group increased their price target on shares of Skeena Resources from C$14.75 to C$17.00 in a research report on Tuesday. Finally, Desjardins lifted their price objective on Skeena Resources from C$18.25 to C$19.75 and gave the company a "buy" rating in a research note on Tuesday, January 30th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Skeena Resources has a consensus rating of "Buy" and a consensus price target of C$16.39.


Get Our Latest Stock Analysis on SKE

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 four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.

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