Skeena Resources (TSE:SKE) Insider Robert Jalun Kiesman Sells 320 Shares of Stock

Skeena Resources Limited (TSE:SKE) insider Robert Jalun Kiesman sold 320 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of C$41.24, for a total value of C$13,196.80. Following the completion of the sale, the insider owned 2,009 shares in the company, valued at approximately C$82,851.16. This represents a 13.74% decrease in their ownership of the stock.

Robert Jalun Kiesman also recently made the following trade(s):

• On Wednesday, May 6th, Robert Jalun Kiesman sold 1,400 shares of Skeena Resources stock. The shares were sold at an average price of C$39.72, for a total value of C$55,608.00.

Skeena Resources Stock Up 1.3%

Skeena Resources stock opened at C$41.18 on Wednesday. Skeena Resources Limited has a 1-year low of C$16.46 and a 1-year high of C$53.00. The company has a debt-to-equity ratio of 36.02, a current ratio of 0.49 and a quick ratio of 1.55. The stock has a market cap of C$5.11 billion, a PE ratio of -19.70 and a beta of 2.62. The stock’s fifty day moving average is C$42.00 and its two-hundred day moving average is C$38.73.

Skeena Resources (TSE:SKE) last posted its quarterly earnings results on Friday, May 15th. The company reported C($0.86) earnings per share for the quarter. On average, sell-side analysts expect that Skeena Resources Limited will post -0.4862973 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SKE shares. BMO Capital Markets lifted their target price on Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Canaccord Genuity Group lifted their target price on Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. Finally, Canadian Imperial Bank of Commerce lifted their target price on Skeena Resources from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Skeena Resources currently has an average rating of “Buy” and a consensus target price of C$47.43.

About Skeena Resources

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company’s primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.