Skyharbour Resources (CVE:SYH) Given a C$0.75 Price Target at Ventum

Skyharbour Resources (CVE:SYH) received a C$0.75 price objective from research analysts at Ventum in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Ventum’s price target suggests a potential upside of 63.04% from the company’s current price.

Skyharbour Resources Stock Performance

Shares of CVE:SYH traded down C$0.04 during midday trading on Friday, reaching C$0.46. 495,378 shares of the company’s stock traded hands, compared to its average volume of 609,810. Skyharbour Resources has a 1 year low of C$0.29 and a 1 year high of C$0.66. The company has a market cap of C$101.73 million, a P/E ratio of 370.00 and a beta of 0.29. The company has a fifty day simple moving average of C$0.41 and a two-hundred day simple moving average of C$0.45.

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.