Kyle Christopher Foster Sells 1,475 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 1,475 shares of the company’s stock in a transaction on Friday, July 3rd. The shares were sold at an average price of C$41.70, for a total transaction of C$61,507.50. Following the completion of the sale, the insider directly owned 655 shares in the company, valued at approximately C$27,313.50. The trade was a 69.25% decrease in their ownership of the stock.

Kyle Christopher Foster also recently made the following trade(s):

• On Thursday, May 21st, Kyle Christopher Foster sold 855 shares of Skeena Resources stock. The stock was sold at an average price of C$40.35, for a total value of C$34,499.25.
• On Wednesday, May 6th, Kyle Christopher Foster sold 15,000 shares of Skeena Resources stock. The shares were sold at an average price of C$42.81, for a total value of C$642,150.00.
• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The shares were sold at an average price of C$40.08, for a total value of C$602,362.32.
• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The stock was sold at an average price of C$40.00, for a total value of C$531,480.00.
• On Friday, April 17th, Kyle Christopher Foster sold 23,333 shares of Skeena Resources stock. The stock was sold at an average price of C$47.12, for a total value of C$1,099,450.96.
• On Friday, April 17th, Kyle Christopher Foster sold 5,000 shares of Skeena Resources stock. The shares were sold at an average price of C$46.77, for a total value of C$233,850.00.

Skeena Resources Trading Down 3.6%

Shares of TSE:SKE opened at C$36.86 on Thursday. Skeena Resources Limited has a 12-month low of C$19.14 and a 12-month high of C$53.00. The company has a market capitalization of C$4.57 billion, a PE ratio of -17.64 and a beta of 2.49. The business has a 50 day moving average of C$40.25 and a two-hundred day moving average of C$41.10. The company has a current ratio of 0.49, a quick ratio of 1.55 and a debt-to-equity ratio of 36.02.

Skeena Resources (TSE:SKE) last released its quarterly earnings data on Friday, May 15th. The company reported C($0.86) EPS for the quarter. As a group, analysts forecast that Skeena Resources Limited will post -0.4862973 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SKE shares. Canaccord Genuity Group raised their price target on shares of Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. BMO Capital Markets increased their target price on shares of Skeena Resources from C$45.00 to C$50.00 in a research note on Wednesday, April 1st. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$47.43.

About Skeena Resources

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.