Skeena Resources (TSE:SKE) Announces Quarterly Earnings Results

Skeena Resources (TSE:SKEGet Free Report) announced its earnings results on Thursday. The company reported C($0.28) earnings per share (EPS) for the quarter, FiscalAI reports.

Skeena Resources Stock Performance

TSE:SKE traded up C$0.74 during trading hours on Friday, reaching C$46.47. The stock had a trading volume of 85,526 shares, compared to its average volume of 412,004. The stock has a market cap of C$5.77 billion, a P/E ratio of -22.23 and a beta of 2.48. The company has a debt-to-equity ratio of 36.02, a quick ratio of 1.55 and a current ratio of 0.49. The stock has a 50 day simple moving average of C$39.16 and a 200 day simple moving average of C$41.83. Skeena Resources has a 12-month low of C$20.15 and a 12-month high of C$53.00.

Insider Buying and Selling at Skeena Resources

In related news, Director Jr. Walter Coles purchased 1,666 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were bought at an average price of C$40.88 per share, for a total transaction of C$68,106.08. Following the acquisition, the director owned 2,287,739 shares of the company’s stock, valued at approximately C$93,522,770.32. This represents a 0.07% increase in their position. Also, insider Andrew Macritchie sold 50,000 shares of the stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of C$39.86, for a total transaction of C$1,993,000.00. Following the sale, the insider directly owned 726,503 shares of the company’s stock, valued at C$28,958,409.58. The trade was a 6.44% decrease in their position. Over the last three months, insiders sold 151,744 shares of company stock valued at $6,210,475. 1.51% of the stock is owned by insiders.

Skeena Resources Company Profile

(Get Free Report)

Skeena is a leading precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia’s Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world’s highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines.

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Earnings History for Skeena Resources (TSE:SKE)

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