Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$476,268.00 in Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 33,540 shares of the business’s stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of C$14.20, for a total transaction of C$476,268.00.

Skeena Resources Trading Up 3.2 %

Shares of SKE stock opened at C$13.64 on Monday. The company has a market cap of C$1.45 billion, a PE ratio of -8.92 and a beta of 1.65. The company has a debt-to-equity ratio of 10.23, a current ratio of 2.88 and a quick ratio of 1.55. The stock’s 50 day simple moving average is C$12.89 and its two-hundred day simple moving average is C$11.47. Skeena Resources Limited has a 1 year low of C$4.48 and a 1 year high of C$14.70.

Analysts Set New Price Targets

Several brokerages have recently issued reports on SKE. Royal Bank of Canada lifted their target price on Skeena Resources from C$17.00 to C$18.00 in a report on Friday, December 6th. Scotiabank lifted their price objective on Skeena Resources from C$13.50 to C$14.00 in a research note on Wednesday, January 15th. Desjardins upgraded Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, CIBC reduced their price target on shares of Skeena Resources from C$17.00 to C$16.00 in a research report on Monday, December 2nd.

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.