Skyharbour Resources (CVE:SYH) Given a C$1.21 Price Target at Fundamental Research

Skyharbour Resources (CVE:SYH) has been assigned a C$1.21 price target by research analysts at Fundamental Research in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Fundamental Research’s price objective indicates a potential upside of 218.42% from the stock’s previous close.

Skyharbour Resources Stock Up 1.3 %

SYH traded up C$0.01 during trading on Tuesday, reaching C$0.38. The stock had a trading volume of 121,557 shares, compared to its average volume of 357,931. The stock has a 50 day moving average of C$0.44 and a two-hundred day moving average of C$0.40. Skyharbour Resources has a 1-year low of C$0.31 and a 1-year high of C$0.60. The firm has a market capitalization of C$69.36 million, a price-to-earnings ratio of -18.75 and a beta of 1.84.

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.