Skeena Resources Limited (TSE:SKE – Free Report) – Equities researchers at Scotiabank boosted their FY2026 EPS estimates for shares of Skeena Resources in a note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Habib now expects that the company will post earnings of ($1.88) per share for the year, up from their previous forecast of ($1.93). The consensus estimate for Skeena Resources’ current full-year earnings is ($0.49) per share. Scotiabank also issued estimates for Skeena Resources’ FY2027 earnings at $0.54 EPS.
Skeena Resources Stock Up 1.1%
Shares of TSE SKE opened at C$48.52 on Monday. The company has a debt-to-equity ratio of 657.17, a quick ratio of 1.55 and a current ratio of 3.15. Skeena Resources has a 1 year low of C$21.00 and a 1 year high of C$53.00. The stock’s 50-day simple moving average is C$40.42 and its 200-day simple moving average is C$42.00. The firm has a market cap of C$6.09 billion, a price-to-earnings ratio of -23.44 and a beta of 2.48.
Insider Buying and Selling at Skeena Resources
In other Skeena Resources news, Director Sukhjit Hayre sold 42,294 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of C$42.42, for a total value of C$1,794,111.48. Following the transaction, the director directly owned 248,068 shares of the company’s stock, valued at C$10,523,044.56. This represents a 14.57% decrease in their position. Also, insider Andrew Macritchie sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of C$39.86, for a total value of C$1,993,000.00. Following the completion of the transaction, the insider directly owned 726,503 shares in the company, valued at approximately C$28,958,409.58. The trade was a 6.44% decrease in their ownership of the stock. Insiders sold a total of 150,569 shares of company stock worth $6,162,779 in the last 90 days. 1.51% of the stock is owned by corporate insiders.
Skeena Resources Company Profile
Skeena is a leading precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia’s Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world’s highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines.
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