Insider Selling: Skeena Resources (TSE:SKE) Insider Sells 6,667 Shares of Stock

Skeena Resources Limited (TSE:SKE) insider Andrew Osterloh sold 6,667 shares of Skeena Resources stock in a transaction on Monday, May 11th. The stock was sold at an average price of C$44.24, for a total transaction of C$294,948.08.

Andrew Osterloh also recently made the following trade(s):

• On Monday, May 11th, Andrew Osterloh sold 5,474 shares of Skeena Resources stock. The stock was sold at an average price of C$44.17, for a total transaction of C$241,786.58.

Skeena Resources Stock Up 1.9%

TSE SKE traded up C$0.87 on Wednesday, hitting C$46.96. The stock had a trading volume of 486,571 shares, compared to its average volume of 434,077. The business’s fifty day moving average price is C$42.77 and its 200 day moving average price is C$37.54. 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 Limited has a 52-week low of C$15.26 and a 52-week high of C$53.00. The stock has a market cap of C$5.72 billion, a price-to-earnings ratio of -29.53 and a beta of 2.62.

Skeena Resources (TSE:SKE) last released its quarterly earnings results on Tuesday, March 24th. The company reported C($0.61) earnings per share (EPS) for the quarter. Equities research analysts anticipate that Skeena Resources Limited will post -0.4862973 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on SKE shares. Canaccord Genuity Group lifted their price target on shares of Skeena Resources from C$40.00 to C$52.00 in a report on Wednesday, April 1st. Canadian Imperial Bank of Commerce lifted their price target on shares of Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. TD Securities lifted their price target on shares of Skeena Resources from C$35.00 to C$49.00 in a report on Thursday, January 22nd. Scotiabank boosted their price objective on shares of Skeena Resources from C$25.00 to C$44.00 in a report on Monday, January 26th. Finally, BMO Capital Markets boosted their price objective on shares of Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Skeena Resources has a consensus rating of “Buy” and an average price target of C$47.43.

Skeena Resources Company Profile

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.