Skeena Resources (TSE:SKE) Price Target Increased to C$14.00 by Analysts at Raymond James

Skeena Resources (TSE:SKE) had its price objective upped by Raymond James from C$13.00 to C$14.00 in a research note released on Tuesday, BayStreet.CA reports. Raymond James also issued estimates for Skeena Resources’ Q1 2024 earnings at ($0.06) EPS, Q2 2024 earnings at ($0.06) EPS, Q3 2024 earnings at ($0.03) EPS, Q4 2024 earnings at ($0.04) EPS and FY2024 earnings at ($0.19) EPS.

Separately, Desjardins increased their target price on Skeena Resources from C$18.25 to C$19.75 and gave the stock a buy rating in a report on Tuesday, January 30th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of Buy and a consensus target price of C$16.39.

Skeena Resources Stock Up 5.7 %

SKE stock opened at C$6.72 on Tuesday. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.35 and a quick ratio of 1.55. The stock has a market capitalization of C$606.28 million, a price-to-earnings ratio of -6.00 and a beta of 1.67. The business’s fifty day moving average price is C$5.91 and its two-hundred day moving average price is C$5.79. Skeena Resources has a fifty-two week low of C$4.20 and a fifty-two week high of C$10.38.

Skeena Resources (TSE:SKE) last posted its quarterly earnings data on Monday, April 1st. The company reported C($0.37) earnings per share for the quarter. On average, equities analysts anticipate that Skeena Resources will post -0.4862973 earnings per share for the current year.

Insider Activity at Skeena Resources

In related news, Senior Officer Randy Reichert sold 53,100 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of C$6.30, for a total value of C$334,476.90. 1.79% of the stock is currently owned by insiders.

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 four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.