Key Points
- Insider selling: Skeena Resources insider Andrew Osterloh sold 6,667 shares on May 11 at an average price of C$44.24, totaling about C$294,948. He also sold another 5,474 shares that same day for about C$241,787.
- Stock performance: Shares of Skeena Resources were up 1.9% and opened at C$46.96, near the company’s recent range between a 12-month low of C$15.26 and high of C$53.00.
- Analyst sentiment remains positive: Multiple analysts raised price targets recently, and the stock currently carries a consensus Buy rating with an average target of C$47.43.
Skeena Resources Limited (TSE:SKE - Get Free Report) insider Andrew Osterloh sold 6,667 shares of the firm's stock in a transaction dated Monday, May 11th. The shares were sold at an average price of C$44.24, for a total transaction of C$294,948.08.
Andrew Osterloh also recently made the following trade(s):
- On Monday, May 11th, Andrew Osterloh sold 5,474 shares of Skeena Resources stock. The stock was sold at an average price of C$44.17, for a total transaction of C$241,786.58.
Skeena Resources Trading Up 1.9%
Shares of SKE opened at C$46.96 on Thursday. The company has a current ratio of 1.82, a quick ratio of 1.55 and a debt-to-equity ratio of 39.64. The firm's 50-day moving average is C$42.77 and its two-hundred day moving average is C$37.54. Skeena Resources Limited has a twelve month low of C$15.26 and a twelve month high of C$53.00. The firm has a market capitalization of C$5.72 billion, a P/E ratio of -29.53 and a beta of 2.62.
Skeena Resources (TSE:SKE - Get Free Report) last issued its earnings results on Tuesday, March 24th. The company reported C($0.61) earnings per share (EPS) for the quarter. On average, research analysts predict that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on SKE shares. TD Securities lifted their price objective on Skeena Resources from C$35.00 to C$49.00 in a report on Thursday, January 22nd. BMO Capital Markets upped their target price on Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. Canaccord Genuity Group raised their price target on Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. Canadian Imperial Bank of Commerce lifted their price target on Skeena Resources from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. Finally, Scotiabank boosted their price objective on shares of Skeena Resources from C$25.00 to C$44.00 in a research report on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Skeena Resources currently has a consensus rating of "Buy" and a consensus price target of C$47.43.
Read Our Latest Analysis on SKE
Skeena Resources Company Profile
(
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.
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