Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$334,476.90 in Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert sold 53,100 shares of the business’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total transaction of C$334,476.90.

Skeena Resources Stock Performance

Shares of TSE SKE traded down C$0.16 during trading on Wednesday, reaching C$6.33. 244,847 shares of the company traded hands, compared to its average volume of 314,161. The firm’s fifty day simple moving average is C$5.83 and its 200 day simple moving average is C$5.78. The stock has a market cap of C$571.09 million, a P/E ratio of -5.65 and a beta of 1.67. Skeena Resources Limited has a 12-month low of C$4.20 and a 12-month high of C$10.38. The company has a current ratio of 1.35, a quick ratio of 1.55 and a debt-to-equity ratio of 2.27.

Skeena Resources (TSE:SKE) last posted its quarterly earnings results on Monday, April 1st. The company reported C($0.37) EPS for the quarter. As a group, research analysts anticipate that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Analyst Ratings Changes

SKE has been the topic of a number of research analyst reports. Desjardins boosted their price target on Skeena Resources from C$18.25 to C$19.75 and gave the company a “buy” rating in a report on Tuesday, January 30th. Raymond James boosted their price target on shares of Skeena Resources from C$13.00 to C$14.00 in a research report on Tuesday. Finally, Canaccord Genuity Group boosted their price objective on Skeena Resources from C$14.75 to C$17.00 in a report on Tuesday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$16.39.

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 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.