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

Key Points

• Scotiabank cut its FY2026 EPS estimate for Skeena Resources to C($1.17) from C($0.95), well below the consensus estimate of C($0.49) per share.
• Multiple brokers raised price targets (CIBC to C$58, Canaccord to C$52, TD to C$49, BMO to C$50) and the stock holds a consensus "Buy" rating with an average price target of C$47.43.
• Skeena shares recently opened at C$45.59, have a market cap of C$5.55 billion, a negative P/E of -28.67, and a 12‑month range of C$15.26 to C$53.00.

Skeena Resources Limited (TSE:SKE - Free Report) - Equities researchers at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Skeena Resources in a research report issued on Friday, April 10th. Scotiabank analyst O. Habib now expects that the company will post earnings of ($1.17) per share for the year, down from their prior forecast of ($0.95). The consensus estimate for Skeena Resources' current full-year earnings is ($0.49) per share.

SKE has been the subject of a number of other research reports. Canadian Imperial Bank of Commerce boosted their target price on Skeena Resources from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. Canaccord Genuity Group boosted their target price on Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. TD Securities boosted their target price on Skeena Resources from C$35.00 to C$49.00 in a research report on Thursday, January 22nd. Finally, BMO Capital Markets boosted their price objective on Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of C$47.43.

Skeena Resources Stock Performance

TSE:SKE opened at C$45.59 on Tuesday. The business has a 50 day moving average of C$43.82 and a 200 day moving average of C$35.00. The company has a market capitalization of C$5.55 billion, a price-to-earnings ratio of -28.67 and a beta of 2.57. Skeena Resources has a 1-year low of C$15.26 and a 1-year high of C$53.00. The company has a debt-to-equity ratio of 39.64, a current ratio of 1.82 and a quick ratio of 1.55.

Skeena Resources (TSE:SKE - Get Free Report) last released its earnings results on Tuesday, March 24th. The company reported C($0.61) earnings per share for the quarter.

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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