Skeena Resources Limited (TSE:SKE) Given Consensus Recommendation of “Buy” by Brokerages

Skeena Resources Limited (TSE:SKE) has earned an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is C$15.86.

A number of research firms have commented on SKE. Raymond James raised their price target on shares of Skeena Resources from C$12.50 to C$13.00 and gave the stock a “strong-buy” rating in a report on Friday, January 12th. Desjardins raised their price target on shares of Skeena Resources from C$18.25 to C$19.75 and gave the stock a “buy” rating in a report on Tuesday, January 30th.

Skeena Resources Trading Up 4.7 %

TSE:SKE opened at C$6.02 on Thursday. The company has a current ratio of 1.35, a quick ratio of 1.55 and a debt-to-equity ratio of 2.27. The stock has a market capitalization of C$543.12 million, a price-to-earnings ratio of -5.38 and a beta of 1.67. The firm has a fifty day simple moving average of C$5.63 and a two-hundred day simple moving average of C$5.78. Skeena Resources has a 12 month low of C$4.20 and a 12 month high of C$10.38.

Skeena Resources Company Profile

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.