Skeena Resources (TSE:SKE) Director Jr. Walter Coles Acquires 1,531 Shares

Skeena Resources Limited (TSE:SKE) Director Jr. Walter Coles bought 1,531 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was bought at an average price of C$44.73 per share, with a total value of C$68,481.63. Following the acquisition, the director owned 2,286,073 shares in the company, valued at approximately C$102,256,045.29. This trade represents a 0.07% increase in their position.

Skeena Resources Stock Performance

TSE:SKE opened at C$46.09 on Wednesday. The firm has a market capitalization of C$5.61 billion, a PE ratio of -28.99 and a beta of 2.62. The stock’s fifty day moving average is C$42.87 and its 200 day moving average is C$37.38. Skeena Resources Limited has a fifty-two week low of C$15.26 and a fifty-two week high of C$53.00. The company has a debt-to-equity ratio of 39.64, a quick ratio of 1.55 and a current ratio of 1.82.

Skeena Resources (TSE:SKE) last posted its quarterly earnings data on Tuesday, March 24th. The company reported C($0.61) EPS for the quarter. On average, sell-side analysts anticipate that Skeena Resources Limited will post -0.4862973 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on SKE shares. Canaccord Genuity Group raised their price objective on shares of Skeena Resources from C$40.00 to C$52.00 in a research note on Wednesday, April 1st. Scotiabank increased their price target on Skeena Resources from C$25.00 to C$44.00 in a report on Monday, January 26th. TD Securities raised their price target on Skeena Resources from C$35.00 to C$49.00 in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce boosted their price objective on Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. Finally, BMO Capital Markets upped their price objective on Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$47.43.

Skeena Resources Company Profile

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company’s primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.