Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert Sells 53,100 Shares

Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert sold 53,100 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total value of C$334,476.90.

Skeena Resources Stock Down 2.5 %

Shares of SKE traded down C$0.16 during mid-day trading on Wednesday, reaching C$6.33. The company’s stock had a trading volume of 244,847 shares, compared to its average volume of 314,161. The stock has a market cap of C$571.09 million, a PE ratio of -5.65 and a beta of 1.67. Skeena Resources Limited has a 12-month low of C$4.20 and a 12-month high of C$10.38. The company’s 50 day moving average is C$5.83 and its 200 day moving average is C$5.78. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.35 and a quick ratio of 1.55.

Skeena Resources (TSE:SKE) last issued its quarterly earnings data on Monday, April 1st. The company reported C($0.37) earnings per share for the quarter. Equities analysts anticipate that Skeena Resources Limited will post -0.4862973 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SKE. Raymond James lifted their price objective on Skeena Resources from C$13.00 to C$14.00 in a report on Tuesday. Canaccord Genuity Group increased their price target on shares of Skeena Resources from C$14.75 to C$17.00 in a research report on Tuesday. Finally, Desjardins lifted their price objective on Skeena Resources from C$18.25 to C$19.75 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Skeena Resources has a consensus rating of “Buy” and a consensus price target of C$16.39.

About Skeena Resources

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.