Skeena Resources (TSE:SKE) Director Jr. Walter Coles Buys 1,531 Shares

Skeena Resources Limited (TSE:SKE – Get Free Report) Director Jr. Walter Coles acquired 1,531 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of C$44.73 per share, with a total value of C$68,481.63. Following the completion of the transaction, the director owned 2,286,073 shares of the company’s stock, valued at approximately C$102,256,045.29. This trade represents a 0.07% increase in their ownership of the stock.

Skeena Resources Trading Up 2.6%

Shares of TSE SKE traded up C$1.17 during mid-day trading on Tuesday, hitting C$45.75. The company’s stock had a trading volume of 182,278 shares, compared to its average volume of 431,368. The company’s fifty day simple moving average is C$42.98 and its 200-day simple moving average is C$37.22. 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 one year low of C$15.26 and a one year high of C$53.00. The stock has a market cap of C$5.57 billion, a price-to-earnings ratio of -28.77 and a beta of 2.62.

Get Skeena Resources alerts:

Skeena Resources (TSE:SKE – Get Free Report) last issued its earnings results on Tuesday, March 24th. The company reported C($0.61) EPS for the quarter. On average, sell-side analysts anticipate that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Get Our Latest Research Report on SKE

About Skeena Resources

(Get Free Report)

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.

Featured Stories

• Five stocks we like better than Skeena Resources
• Navy Catalyst Ignites Odysight’s Growth Engine
• AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
• Axon Surged After Earnings and Is Still Down Over 50% From Highs
• The Event That Could Redefine Apple’s Summer Rally

Receive News & Ratings for Skeena Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skeena Resources and related companies with MarketBeat.com's FREE daily email newsletter.