Skeena Resources Limited (TSE:SKE – Get Free Report) Director Craig Andrew Parry sold 70,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of C$10.58, for a total transaction of C$740,509.00.
Skeena Resources Stock Performance
TSE:SKE opened at C$12.09 on Thursday. The stock has a 50 day simple moving average of C$12.27 and a 200 day simple moving average of C$9.46. The stock has a market cap of C$1.29 billion, a P/E ratio of -7.90 and a beta of 1.65. 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.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on SKE shares. Scotiabank boosted their price target on Skeena Resources from C$12.00 to C$13.50 in a research report on Monday, August 19th. Royal Bank of Canada increased their price target on Skeena Resources from C$15.00 to C$17.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Finally, Desjardins raised shares of Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Three research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Skeena Resources has a consensus rating of “Buy” and an average price target of C$16.96.
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 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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