What is Desjardins' Estimate for TSE:SKE FY2025 Earnings?

Key Points

• Desjardins has estimated that Skeena Resources will report FY2025 earnings of ($0.81) per share, a decrease from the current full-year consensus estimate of ($0.49) per share.
• Analysts have given Skeena Resources a "Moderate Buy" rating, with several firms increasing their target prices, notably CIBC from C$26.00 to C$36.00.
• Skeena Resources' stock recently fell by 4.0%, and the company has an average target price of C$25.50 with a market cap of C$2.90 billion.

Skeena Resources Limited (TSE:SKE - Free Report) - Analysts at Desjardins issued their FY2025 earnings per share (EPS) estimates for Skeena Resources in a report issued on Wednesday, October 8th. Desjardins analyst A. Carson anticipates that the company will post earnings of ($0.81) per share for the year. Desjardins has a "Moderate Buy" rating on the stock. The consensus estimate for Skeena Resources' current full-year earnings is ($0.49) per share. Desjardins also issued estimates for Skeena Resources' FY2026 earnings at ($0.40) EPS and FY2027 earnings at $0.20 EPS.

Several other analysts have also weighed in on the company. TD Securities raised Skeena Resources to a "strong-buy" rating in a report on Tuesday, August 12th. Royal Bank Of Canada upped their target price on Skeena Resources from C$23.00 to C$26.00 and gave the company an "outperform" rating in a report on Monday, June 23rd. CIBC upped their target price on Skeena Resources from C$26.00 to C$36.00 in a report on Thursday, September 25th. Finally, Raymond James Financial upped their target price on Skeena Resources from C$21.00 to C$26.00 in a report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of C$25.50.

Skeena Resources Stock Down 4.0%

Shares of Skeena Resources stock opened at C$25.18 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.87 and a debt-to-equity ratio of 19.27. The firm has a market cap of C$2.90 billion, a P/E ratio of -16.79 and a beta of 1.80. Skeena Resources has a fifty-two week low of C$10.34 and a fifty-two week high of C$26.73. The business has a 50-day moving average price of C$23.31 and a 200 day moving average price of C$19.95.

Insider Activity

In other news, Director Craig Andrew Parry sold 15,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of C$20.48, for a total transaction of C$307,203.00. Following the completion of the transaction, the director directly owned 225,926 shares in the company, valued at approximately C$4,627,009.67. The trade was a 6.23% decrease in their ownership of the stock. Corporate insiders own 1.51% of the company's stock.

About Skeena Resources

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.

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