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

Skyharbour Resources (CVE:SYH) has been given a C$1.16 price target by analysts at Fundamental Research in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s target price indicates a potential upside of 132.00% from the stock’s previous close.

Skyharbour Resources Trading Up 2.0%

Shares of CVE:SYH traded up C$0.01 during trading on Wednesday, reaching C$0.50. 229,987 shares of the stock were exchanged, compared to its average volume of 1,022,786. The firm has a market cap of C$102.88 million, a PE ratio of 100.00 and a beta of 1.13. Skyharbour Resources has a 12 month low of C$0.28 and a 12 month high of C$0.66. The stock has a 50-day moving average price of C$0.46 and a 200-day moving average price of C$0.40.

Skyharbour Resources Company Profile

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.