Skeena Resources (TSE:SKE) PT Raised to C$14.00

Skeena Resources (TSE:SKE) had its price objective increased by research analysts at Raymond James from C$13.00 to C$14.00 in a report released on Tuesday, BayStreet.CA reports. Raymond James’ target price points to a potential upside of 121.17% from the stock’s previous close.

Separately, Desjardins boosted their price target on shares of Skeena Resources from C$18.25 to C$19.75 and gave the company a “buy” rating in a research report on Tuesday, January 30th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Skeena Resources presently has a consensus rating of “Buy” and a consensus price target of C$16.39.

Skeena Resources Trading Down 2.5 %

Shares of SKE opened at C$6.33 on Tuesday. Skeena Resources has a twelve month low of C$4.20 and a twelve month high of C$10.38. The stock has a market cap of C$571.09 million, a PE ratio of -5.65 and a beta of 1.67. The company has a quick ratio of 1.55, a current ratio of 1.35 and a debt-to-equity ratio of 2.27. The business’s 50-day moving average price is C$5.85 and its 200-day moving average price is C$5.78.

Skeena Resources (TSE:SKE) last issued its quarterly earnings data on Monday, April 1st. The company reported C($0.37) EPS for the quarter. On average, equities analysts forecast that Skeena Resources will post -0.4862973 EPS for the current fiscal year.

Insider Activity at Skeena Resources

In other Skeena Resources news, Senior Officer Randy Reichert sold 53,100 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total value of C$334,476.90. 1.79% of the stock is currently owned by insiders.

Skeena Resources Company Profile

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.