Key Points
- Director Jr. Walter Coles bought 1,666 shares of Skeena Resources on May 18 at an average price of C$40.88, increasing his direct stake to 2,287,739 shares.
- Coles also made a prior purchase of 1,531 shares on May 12 at C$44.73 per share, signaling continued insider buying in the stock.
- Skeena Resources recently reported a quarterly loss of C$0.86 per share, while analysts still maintain a Buy consensus with a target price of C$47.43.
Skeena Resources Limited (TSE:SKE - Get Free Report) Director Jr. Walter Coles purchased 1,666 shares of the business's stock in a transaction dated Monday, May 18th. The shares were purchased at an average price of C$40.88 per share, with a total value of C$68,106.08. Following the acquisition, the director directly owned 2,287,739 shares in the company, valued at approximately C$93,522,770.32. The trade was a 0.07% increase in their ownership of the stock.
Jr. Walter Coles also recently made the following trade(s):
- On Tuesday, May 12th, Jr. Walter Coles purchased 1,531 shares of Skeena Resources stock. The shares were purchased at an average price of C$44.73 per share, with a total value of C$68,481.63.
Skeena Resources Price Performance
Shares of TSE SKE opened at C$42.59 on Tuesday. The company has a 50 day simple moving average of C$42.59 and a 200-day simple moving average of C$37.99. The company has a market capitalization of C$5.18 billion, a P/E ratio of -26.79 and a beta of 2.62. The company has a debt-to-equity ratio of 36.02, a current ratio of 0.49 and a quick ratio of 1.55. Skeena Resources Limited has a 1 year low of C$15.38 and a 1 year high of C$53.00.
Skeena Resources (TSE:SKE - Get Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported C($0.86) earnings per share (EPS) for the quarter. On average, equities research analysts predict that Skeena Resources Limited will post -0.4862973 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms recently weighed in on SKE. BMO Capital Markets lifted their target price on shares of Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. TD Securities lifted their target price on shares of Skeena Resources from C$35.00 to C$49.00 in a report on Thursday, January 22nd. Scotiabank lifted their target price on shares of Skeena Resources from C$25.00 to C$44.00 in a report on Monday, January 26th. Canadian Imperial Bank of Commerce lifted their target price on shares of Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. Finally, Canaccord Genuity Group lifted their target price on shares of Skeena Resources from C$40.00 to C$52.00 in a report on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of C$47.43.
Check Out Our Latest Stock 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.
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