Should I buy or sell Skeena Resources stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skeena Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SKE shares. View SKE analyst ratings or view top-rated stocks .

What is Skeena Resources' stock price target for 2024?

1 brokerages have issued 12 month target prices for Skeena Resources' shares. Their SKE share price targets range from $17.00 to $18.00. On average, they anticipate the company's stock price to reach $17.50 in the next year. This suggests a possible upside of 288.9% from the stock's current price. View analysts price targets for SKE or view top-rated stocks among Wall Street analysts .

How have SKE shares performed in 2023?

Skeena Resources' stock was trading at $5.32 at the beginning of 2023. Since then, SKE shares have decreased by 15.4% and is now trading at $4.50. View the best growth stocks for 2023 here .

Are investors shorting Skeena Resources?

Skeena Resources saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,510,000 shares, an increase of 17.1% from the October 31st total of 1,290,000 shares. Based on an average trading volume of 87,500 shares, the days-to-cover ratio is presently 17.3 days. Approximately 2.0% of the shares of the stock are short sold. View Skeena Resources' Short Interest .

When is Skeena Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024. View our SKE earnings forecast .

When did Skeena Resources' stock split?

Skeena Resources shares reverse split on Monday, June 7th 2021. The 1-4 reverse split was announced on Friday, June 4th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 10th 2021. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Who are Skeena Resources' major shareholders?

Skeena Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (5.30%), FMR LLC (3.18%), Invesco Ltd. (2.45%), Royal Bank of Canada (1.26%), Sprott Inc. (1.04%) and Mackenzie Financial Corp (0.69%).

How do I buy shares of Skeena Resources?

Shares of SKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Skeena Resources Stock Price, News & Analysis (NYSE:SKE)

$4.50

-0.01 (-0.22%)

(As of 11/30/2023 ET)

Compare

Today's Range: $4.33
▼
$4.55
50-Day Range: $3.24
▼
$5.06
52-Week Range: $3.05
▼
$7.65

Volume: 205,325 shs
Average Volume: 143,120 shs
Market Capitalization: $400.32 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.50

Skeena Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 288.9% Upside
$17.50 Price Target
Short Interest: Bearish
2.01% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.44) to ($0.22) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.54 out of 5 stars

Oils/Energy Sector

210th out of 233 stocks

Gold & Silver Ores Industry

29th out of 36 stocks

3.5

Analyst's Opinion

Consensus Rating
Skeena Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, Skeena Resources has a forecasted upside of 288.9% from its current price of $4.50.
Amount of Analyst Coverage
Skeena Resources has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
2.01% of the float of Skeena Resources has been sold short.
Short Interest Ratio / Days to Cover
Skeena Resources has a short interest ratio ("days to cover") of 17.3, which indicates bearish sentiment.
Change versus previous month
Short interest in Skeena Resources has recently increased by 17.05%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Skeena Resources does not currently pay a dividend.
Dividend Growth
Skeena Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SKE.

1.1

News and Social Media Coverage

News Sentiment
Skeena Resources has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Skeena Resources this week, compared to 1 article on an average week.
Search Interest
5 people have searched for SKE on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skeena Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Skeena Resources is held by insiders.
Percentage Held by Institutions
Only 36.00% of the stock of Skeena Resources is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Skeena Resources are expected to grow in the coming year, from ($0.44) to ($0.22) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Skeena Resources is -5.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skeena Resources is -5.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Skeena Resources has a P/B Ratio of 3.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Skeena Resources Stock (NYSE:SKE)

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. The company was formerly known as Prolific Resources Ltd. and changed its name to Skeena Resources Limited in June 1990. Skeena Resources Limited was incorporated in 1979 and is based in Vancouver, Canada.

SKE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SKE Stock News Headlines

November 21, 2023 | finance.yahoo.com

Recent uptick might appease Skeena Resources Limited (TSE:SKE) institutional owners after losing 26% over the past year

November 19, 2023 | juniorminingnetwork.com

Skeena Resources – Video Interview – Definitive Feasibility Study Overview

December 1, 2023 | Wealthpress (Ad)

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November 19, 2023 | juniorminingnetwork.com

Skeena Resources – Video Interview – Definitive Feasibility Study Overview

November 13, 2023 | finance.yahoo.com

Skeena Reports Q3 2023 Financial Results

November 6, 2023 | finanznachrichten.de

Skeena Resources Limited: Eskay Creek DFS Conference Call Details

November 6, 2023 | finance.yahoo.com

Eskay Creek DFS Conference Call Details

October 6, 2023 | theglobeandmail.com

Closing Bell: Skeena Resources Ltd flat on Thursday (SKE)

December 1, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

October 4, 2023 | juniorminingnetwork.com

Targa Exploration To Acquire Additional Assets In Quebec & Ontario And Create Advisory Board

September 29, 2023 | msn.com

Guide to Visiting Terrace and The Nass Valley In Northern BC

September 11, 2023 | finance.yahoo.com

West Red Lake Gold (WRLG.V) CEO Message Part 2: Previous Challenges, Forward Plans

August 11, 2023 | finanznachrichten.de

Skeena Resources Limited: Skeena Reports Q2 2023 Financial Results

August 11, 2023 | finance.yahoo.com

Skeena Reports Q2 2023 Financial Results

July 20, 2023 | theglobeandmail.com

Closing Bell: Skeena Resources Ltd flat on Wednesday (SKE)

July 18, 2023 | finanznachrichten.de

Skeena Resources Limited: Skeena Provides Update on Near Term Value-Generating Catalysts

July 18, 2023 | finance.yahoo.com

Skeena Provides Update on Near Term Value-Generating Catalysts

June 22, 2023 | markets.businessinsider.com

BMO Capital Keeps Their Buy Rating on Skeena Resources (SKE)

June 20, 2023 | juniorminingnetwork.com

Skeena Resources Increases Eskay Creek Resource to 5.9 Moz AuEq in Measured and Indicated Categories

June 20, 2023 | finanznachrichten.de

Skeena Resources Limited: Skeena Increases Eskay Creek Resource to 5.9 Moz AuEq in Measured and Indicated Categories

June 15, 2023 | finance.yahoo.com

Skeena Announces Positive Decision on its Application for Leave to Appeal Involving Albino Lake Storage Facility

June 14, 2023 | finance.yahoo.com

Skeena Resources Limited (TSE:SKE) is favoured by institutional owners who hold 56% of the company

June 12, 2023 | finanznachrichten.de

Skeena Resources Limited: Skeena Reminds Shareholders of Upcoming AGM

June 12, 2023 | finance.yahoo.com

Skeena Reminds Shareholders of Upcoming AGM

June 8, 2023 | msn.com

CIBC CAPITAL MARKETS Maintains Skeena Resources (TSXV:SKE) Outperform Recommendation

May 24, 2023 | finance.yahoo.com

Skeena Resources Closes C$73.5 Million Bought Deal Financing

May 19, 2023 | juniorminingnetwork.com

Eagle Plains Resources Announces Closing of Spin-off Transaction

See More Headlines

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Company Calendar

Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NYSE:SKE
CUSIP: N/A
CIK: 1713748
Web: www.skeenaresources.com
Phone: (604) 684-8725
Fax: 604-558-7695
Employees: 2,021
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.50
High Stock Price Target: $18.00
Low Stock Price Target: $17.00
Potential Upside/Downside: +288.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.84)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-68,370,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -63.30%
Return on Assets: -51.83%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.35
Quick Ratio: 1.35

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.18 per share
Price / Book: 3.81

Miscellaneous

Outstanding Shares: 88,960,000
Free Float: 87,135,000
Market Cap: $400.32 million
Optionable: Not Optionable
Beta: 1.24

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Key Executives

Mr. Walter Coles Jr. (Age 51)
BA, Executive Chairman
Comp: $860.38k
Mr. Randall Reichert M.Sc. (Age 57)
P.Eng., CEO, President, COO & Director
Comp: $705.29k
Mr. Andrew MacRitchie B.Sc. (Age 48)
C.A., C.P.A., CPA, Chief Financial Officer
Comp: $444.34k
Mr. Justin R. Himmelright B.Sc.
Senior Vice President of External Affairs & Sustainability
Mr. Paul F. Geddes B.Sc.
P.Geo., Senior Vice President of Exploration & Resource Development
Katie MacKenzie
Director of Investor Relations
Ms. Kanako Motohashi B.A.
Vice President of People & Culture
Mr. Robert Jalun Kiesman (Age 46)
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SKE Stock Analysis - Frequently Asked Questions

Should I buy or sell Skeena Resources stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skeena Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SKE shares.
View SKE analyst ratings or view top-rated stocks.
What is Skeena Resources' stock price target for 2024?: 1 brokerages have issued 12 month target prices for Skeena Resources' shares. Their SKE share price targets range from $17.00 to $18.00. On average, they anticipate the company's stock price to reach $17.50 in the next year. This suggests a possible upside of 288.9% from the stock's current price.
View analysts price targets for SKE or view top-rated stocks among Wall Street analysts.
How have SKE shares performed in 2023?: Skeena Resources' stock was trading at $5.32 at the beginning of 2023. Since then, SKE shares have decreased by 15.4% and is now trading at $4.50.
View the best growth stocks for 2023 here.
Are investors shorting Skeena Resources?: Skeena Resources saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,510,000 shares, an increase of 17.1% from the October 31st total of 1,290,000 shares. Based on an average trading volume of 87,500 shares, the days-to-cover ratio is presently 17.3 days. Approximately 2.0% of the shares of the stock are short sold.
View Skeena Resources' Short Interest.

When is Skeena Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 27th 2024.
View our SKE earnings forecast.
When did Skeena Resources' stock split?: Skeena Resources shares reverse split on Monday, June 7th 2021. The 1-4 reverse split was announced on Friday, June 4th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 10th 2021. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.
Who are Skeena Resources' major shareholders?: Skeena Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (5.30%), FMR LLC (3.18%), Invesco Ltd. (2.45%), Royal Bank of Canada (1.26%), Sprott Inc. (1.04%) and Mackenzie Financial Corp (0.69%).
How do I buy shares of Skeena Resources?: Shares of SKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SKE) was last updated on 12/1/2023 by MarketBeat.com Staff

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