Skyharbour Resources (CVE:SYH) Reaches New 1-Year High – Here’s What Happened

Shares of Skyharbour Resources Ltd. (CVE:SYH) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.53 and last traded at C$0.53, with a volume of 1499261 shares trading hands. The stock had previously closed at C$0.47.

Analyst Ratings Changes

Separately, Fundamental Research set a C$1.12 price target on shares of Skyharbour Resources and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$1.12.

Skyharbour Resources Stock Performance

The firm has a market capitalization of C$111.11 million, a P/E ratio of 108.00 and a beta of 1.14. The business has a fifty day moving average of C$0.39 and a 200-day moving average of C$0.37.

About Skyharbour Resources

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. It also holds 100% interest in the South Falcon Point project; and the Moore Lake Uranium project comprising 12 claims totaling area of 35,705 located in Saskatchewan, Canada.