Skeena Resources Limited (TSE:SKE – Get Free Report) Director Craig Andrew Parry sold 70,000 shares of the stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of C$10.58, for a total value of C$740,509.00.
Skeena Resources Stock Down 0.6 %
Shares of SKE stock opened at C$12.09 on Thursday. The firm’s fifty day moving average price is C$12.27 and its two-hundred day moving average price is C$9.46. Skeena Resources Limited has a 1 year low of C$4.48 and a 1 year high of C$14.28. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23. The firm has a market capitalization of C$1.29 billion, a P/E ratio of -7.90 and a beta of 1.65.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Scotiabank increased their target price on Skeena Resources from C$12.00 to C$13.50 in a research note on Monday, August 19th. Royal Bank of Canada raised their price objective on shares of Skeena Resources from C$15.00 to C$17.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Finally, Desjardins raised shares of Skeena Resources to a “moderate buy” rating in a research note on Thursday, October 31st. Three investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Skeena Resources has a consensus rating of “Buy” and a consensus target price of C$16.96.
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 nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.
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