Andrew Macritchie Sells 33,540 Shares of Skeena Resources Limited (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 33,540 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of C$14.20, for a total transaction of C$476,268.00.

Skeena Resources Price Performance

TSE SKE opened at C$13.64 on Friday. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23. Skeena Resources Limited has a 1 year low of C$4.48 and a 1 year high of C$14.70. The company has a market cap of C$1.45 billion, a PE ratio of -8.92 and a beta of 1.65. The stock’s 50-day moving average price is C$12.89 and its two-hundred day moving average price is C$11.43.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SKE shares. Desjardins upgraded Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Scotiabank lifted their target price on Skeena Resources from C$13.50 to C$14.00 in a report on Wednesday. Royal Bank of Canada upped their price target on shares of Skeena Resources from C$17.00 to C$18.00 in a report on Friday, December 6th. Finally, CIBC lowered their price objective on shares of Skeena Resources from C$17.00 to C$16.00 in a research note on Monday, December 2nd.

Skeena Resources Company Profile

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.