Skyharbour Resources (CVE:SYH) Given a C$1.16 Price Target at Fundamental Research

Fundamental Research set a C$1.16 price target on Skyharbour Resources (CVE:SYH) in a research report sent to investors on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Skyharbour Resources Price Performance

SYH traded down C$0.01 during trading on Wednesday, reaching C$0.51. 68,740 shares of the stock traded hands, compared to its average volume of 1,056,824. The stock’s 50-day simple moving average is C$0.45 and its two-hundred day simple moving average is C$0.40. Skyharbour Resources has a fifty-two week low of C$0.28 and a fifty-two week high of C$0.66. The stock has a market cap of C$104.94 million, a price-to-earnings ratio of 102.00 and a beta of 1.13.

About Skyharbour Resources

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada. It also holds 100% interest in the South Falcon Point project; and the Moore Lake Uranium project comprising 12 claims totaling area of 35,705 located in Saskatchewan, Canada.