What is Scotiabank's Estimate for TSE:SKE FY2026 Earnings?

Key Points

• Scotiabank raised its FY2026 EPS estimate for Skeena Resources to a loss of C$1.88 per share, from a previous loss estimate of C$1.93. The bank forecasts positive EPS of C$0.54 for FY2027.
• Skeena reported a quarterly loss of C$0.28 per share, while its shares opened at C$47.97 and remain near their 12-month high of C$53.00.
• Insiders have recently sold shares: company insiders sold 150,889 shares worth approximately C$6.18 million over the past three months. Skeena is advancing its fully permitted Eskay Creek project toward expected production in Q2 2027.

Skeena Resources Limited (TSE:SKE - Free Report) - Research analysts at Scotiabank raised their FY2026 EPS estimates for Skeena Resources in a report issued on Wednesday, August 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of ($1.88) per share for the year, up from their previous estimate of ($1.93). The consensus estimate for Skeena Resources' current full-year earnings is ($0.49) per share. Scotiabank also issued estimates for Skeena Resources' FY2027 earnings at $0.54 EPS.

Skeena Resources Stock Performance

Shares of SKE stock opened at C$47.97 on Monday. The business has a 50-day moving average price of C$40.29 and a two-hundred day moving average price of C$41.95. Skeena Resources has a 12-month low of C$20.61 and a 12-month high of C$53.00. The company has a quick ratio of 1.55, a current ratio of 3.15 and a debt-to-equity ratio of 657.17. The firm has a market cap of C$6.02 billion, a P/E ratio of -23.17 and a beta of 2.48.

Skeena Resources (TSE:SKE - Get Free Report) last released its earnings results on Thursday, August 13th. The company reported C($0.28) EPS for the quarter.

Insider Activity at Skeena Resources

In related news, Director Sukhjit Hayre sold 42,294 shares of the business's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of C$42.42, for a total value of C$1,794,111.48. Following the completion of the sale, the director owned 248,068 shares in the company, valued at C$10,523,044.56. The trade was a 14.57% decrease in their position. Also, insider Andrew Macritchie sold 50,000 shares of the company's stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of C$39.86, for a total value of C$1,993,000.00. Following the completion of the sale, the insider directly owned 726,503 shares of the company's stock, valued at approximately C$28,958,409.58. This represents a 6.44% decrease in their position. In the last three months, insiders have sold 150,889 shares of company stock valued at $6,175,976. Corporate insiders own 1.51% of the company's stock.

About Skeena Resources

Skeena is a leading precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia's Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world's highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines.

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