Skeena Resources Limited (TSE:SKE) Director Walter Coles Jr. Sells 33,000 Shares

Skeena Resources Limited (TSE:SKE) Director Walter Coles Jr. sold 33,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of C$16.40, for a total transaction of C$541,200.00.

Skeena Resources Trading Up 2.2 %

Shares of SKE stock opened at C$16.45 on Tuesday. The business has a 50-day moving average price of C$13.68 and a two-hundred day moving average price of C$12.15. Skeena Resources Limited has a 12-month low of C$4.48 and a 12-month high of C$16.79. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 10.23. The firm has a market cap of C$1.75 billion, a P/E ratio of -10.75 and a beta of 1.65.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Scotiabank upped their price target on shares of Skeena Resources from C$13.50 to C$14.00 in a report on Wednesday, January 15th. Desjardins upgraded Skeena Resources to a “moderate buy” rating in a research note on Thursday, October 31st. Royal Bank of Canada lifted their price target on Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. Finally, CIBC decreased their price objective on shares of Skeena Resources from C$17.00 to C$16.00 in a research report 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.