Skyharbour Resources (CVE:SYH) Shares Down 1.4% – Should You Sell?

Skyharbour Resources Ltd. (CVE:SYHGet Free Report) shares dropped 1.4% on Monday . The stock traded as low as C$0.34 and last traded at C$0.34. Approximately 248,938 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 328,138 shares. The stock had previously closed at C$0.35.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$1.21 target price on shares of Skyharbour Resources and gave the stock a “buy” rating in a research report on Tuesday, December 10th.

Get Our Latest Report on SYH

Skyharbour Resources Trading Up 4.3 %

The firm’s fifty day moving average price is C$0.39 and its 200-day moving average price is C$0.39. The company has a market cap of C$65.71 million, a P/E ratio of -18.00 and a beta of 1.84.

Skyharbour Resources Company Profile

(Get Free Report)

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada.

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