Skeena Resources Limited (TSE:SKE – Get Free Report) insider Andrew Macritchie sold 37,600 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of C$40.10, for a total value of C$1,507,760.00. Following the completion of the sale, the insider owned 776,503 shares of the company’s stock, valued at C$31,137,770.30. The trade was a 4.62% decrease in their position.
Andrew Macritchie also recently made the following trade(s):
- On Friday, July 3rd, Andrew Macritchie sold 19,200 shares of Skeena Resources stock. The shares were sold at an average price of C$42.00, for a total value of C$806,400.00.
Skeena Resources Price Performance
Shares of TSE SKE traded down C$1.39 during mid-day trading on Wednesday, reaching C$36.86. The company’s stock had a trading volume of 681,365 shares, compared to its average volume of 420,392. The firm has a market capitalization of C$4.57 billion, a PE ratio of -17.64 and a beta of 2.49. The company has a debt-to-equity ratio of 36.02, a current ratio of 0.49 and a quick ratio of 1.55. The stock has a fifty day moving average of C$40.25 and a two-hundred day moving average of C$41.10. Skeena Resources Limited has a 52 week low of C$19.14 and a 52 week high of C$53.00.
Wall Street Analyst Weigh In
A number of brokerages have commented on SKE. BMO Capital Markets lifted their price objective on shares of Skeena Resources from C$45.00 to C$50.00 in a research note on Wednesday, April 1st. Canaccord Genuity Group boosted their price objective on Skeena Resources from C$40.00 to C$52.00 in a research note on Wednesday, April 1st. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$47.43.
View Our Latest Research Report on SKE
About Skeena Resources
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.
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