Skeena Resources (TSE:SKE) Insider Kyle Christopher Foster Sells 1,475 Shares of Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 1,475 shares of the stock in a transaction on Friday, July 3rd. The stock was sold at an average price of C$41.70, for a total value of C$61,507.50. Following the completion of the transaction, the insider owned 655 shares of the company’s stock, valued at approximately C$27,313.50. This trade represents a 69.25% decrease in their position.

Kyle Christopher Foster also recently made the following trade(s):

• On Thursday, May 21st, Kyle Christopher Foster sold 855 shares of Skeena Resources stock. The shares were sold at an average price of C$40.35, for a total value of C$34,499.25.
• On Wednesday, May 6th, Kyle Christopher Foster sold 15,000 shares of Skeena Resources stock. The shares were sold at an average price of C$42.81, for a total transaction of C$642,150.00.
• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The stock was sold at an average price of C$40.08, for a total transaction of C$602,362.32.
• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The stock was sold at an average price of C$40.00, for a total transaction of C$531,480.00.
• On Friday, April 17th, Kyle Christopher Foster sold 23,333 shares of Skeena Resources stock. The stock was sold at an average price of C$47.12, for a total transaction of C$1,099,450.96.
• On Friday, April 17th, Kyle Christopher Foster sold 5,000 shares of Skeena Resources stock. The shares were sold at an average price of C$46.77, for a total transaction of C$233,850.00.

Skeena Resources Trading Down 4.3%

Shares of TSE SKE opened at C$38.25 on Wednesday. Skeena Resources Limited has a 1 year low of C$19.14 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 firm has a 50-day moving average of C$40.36 and a 200 day moving average of C$41.06. The stock has a market cap of C$4.75 billion, a P/E ratio of -18.30 and a beta of 2.49.

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SKE. BMO Capital Markets lifted their price objective on Skeena Resources from C$45.00 to C$50.00 in a research note on Wednesday, April 1st. Canaccord Genuity Group increased their target price on Skeena Resources from C$40.00 to C$52.00 in a research note on Wednesday, April 1st. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$47.43.

Skeena Resources Company Profile

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.