Insider Selling: Skeena Resources Limited (TSE:SKE) Director Sells 23,000 Shares of Stock

Skeena Resources Limited (TSE:SKE) Director Craig Andrew Parry sold 23,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of C$14.00, for a total value of C$321,917.20.

Craig Andrew Parry also recently made the following trade(s):

• On Thursday, November 14th, Craig Andrew Parry sold 70,000 shares of Skeena Resources stock. The shares were sold at an average price of C$10.58, for a total value of C$740,509.00.

Skeena Resources Trading Up 1.4 %

SKE stock opened at C$14.21 on Friday. Skeena Resources Limited has a 12 month low of C$4.48 and a 12 month high of C$14.70. The firm’s 50-day moving average is C$13.16 and its 200 day moving average is C$11.66. The company has a market capitalization of C$1.52 billion, a PE ratio of -9.29 and a beta of 1.65. The company has a debt-to-equity ratio of 10.23, a current ratio of 2.88 and a quick ratio of 1.55.

Wall Street Analysts Forecast Growth

Several research firms have commented on SKE. Desjardins raised shares of Skeena Resources to a “moderate buy” rating in a research note on Thursday, October 31st. Royal Bank of Canada lifted their price target on shares of Skeena Resources from C$17.00 to C$18.00 in a research note on Friday, December 6th. Scotiabank increased their price objective on shares of Skeena Resources from C$13.50 to C$14.00 in a research report on Wednesday, January 15th. Finally, CIBC decreased their price objective on shares of Skeena Resources from C$17.00 to C$16.00 in a research note on Monday, December 2nd.

About Skeena Resources

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.