Should I buy or sell Skeena Resources stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skeena Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SKE shares. View SKE analyst ratings or view top-rated stocks .

What is Skeena Resources' stock price target for 2024?

1 equities research analysts have issued 12 month price targets for Skeena Resources' stock. Their SKE share price targets range from $18.00 to $18.00. On average, they anticipate the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 287.9% from the stock's current price. View analysts price targets for SKE or view top-rated stocks among Wall Street analysts .

How have SKE shares performed in 2024?

Skeena Resources' stock was trading at $4.88 at the start of the year. Since then, SKE stock has decreased by 4.9% and is now trading at $4.64. View the best growth stocks for 2024 here .

Are investors shorting Skeena Resources?

Skeena Resources saw a decline in short interest in March. As of March 15th, there was short interest totaling 2,170,000 shares, a decline of 17.5% from the February 29th total of 2,630,000 shares. Based on an average trading volume of 170,900 shares, the short-interest ratio is currently 12.7 days. Currently, 2.9% of the company's shares are sold short. View Skeena Resources' Short Interest .

When is Skeena Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our SKE earnings forecast .

How were Skeena Resources' earnings last quarter?

Skeena Resources Limited (NYSE:SKE) issued its quarterly earnings results on Monday, April, 1st. The company reported ($0.27) earnings per share for the quarter.

What ETFs hold Skeena Resources' stock?

ETFs with the largest weight of Skeena Resources (NYSE:SKE) stock in their portfolio include Sprott Junior Gold Miners ETF (SGDJ) and Amplify Junior Silver Miners ETF (SILJ) . iShares MSCI Global Silver and Metals Miners ETF (SLVP) .

When did Skeena Resources' stock split?

Skeena Resources shares reverse split before market open on Monday, June 7th 2021. The 1-4 reverse split was announced on Friday, June 4th 2021. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 10th 2021. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

How do I buy shares of Skeena Resources?

Shares of SKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:SKE

Skeena Resources (SKE) Stock Price, News & Analysis

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$4.64

-0.03 (-0.64%)

(As of 04/19/2024 ET)

Compare

Today's Range: $4.61
▼
$4.75
50-Day Range: $3.39
▼
$4.84
52-Week Range: $3.05
▼
$7.65

Volume: 217,121 shs
Average Volume: 187,067 shs
Market Capitalization: $419.27 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.00

Get Skeena Resources alerts:

Skeena Resources MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 287.9% Upside
$18.00 Price Target
Short Interest: Bearish
2.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.67 out of 5 stars

Oils/Energy Sector

218th out of 227 stocks

Gold & Silver Ores Industry

33rd out of 38 stocks

3.5

Analyst's Opinion

Consensus Rating
Skeena Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Skeena Resources has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.90% of the float of Skeena Resources has been sold short.
Short Interest Ratio / Days to Cover
Skeena Resources has a short interest ratio ("days to cover") of 12, which indicates bearish sentiment.
Change versus previous month
Short interest in Skeena Resources has recently decreased by 1.38%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Skeena Resources does not currently pay a dividend.
Dividend Growth
Skeena Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SKE.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Skeena Resources this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for SKE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skeena Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.00% of the stock of Skeena Resources is held by insiders.
Percentage Held by Institutions
45.15% of the stock of Skeena Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Skeena Resources is -4.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skeena Resources is -4.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Skeena Resources has a P/B Ratio of 4.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Skeena Resources Stock (NYSE:SKE)

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. The company was formerly known as Prolific Resources Ltd. and changed its name to Skeena Resources Limited in June 1990. Skeena Resources Limited was incorporated in 1979 and is based in Vancouver, Canada.

SKE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SKE Stock News Headlines

April 19, 2024 | finance.yahoo.com

Skeena Resources Limited (SKE.TO)

April 18, 2024 | finance.yahoo.com

Encouraging Results Reported by Fathom at Albert Lake Nickel/PGE Project

April 19, 2024 | Altimetry (Ad)

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April 1, 2024 | msn.com

SKE Stock Earnings: Skeena Resources Reported Results for Q4 2023

February 8, 2024 | finanznachrichten.de

Skeena Resources Limited: Skeena Provides Exploration Update and 2024 Outlook

February 8, 2024 | finance.yahoo.com

Skeena Provides Exploration Update and 2024 Outlook

February 6, 2024 | ca.news.yahoo.com

Street in front of Vanier school closes to traffic as pilot project begins

February 5, 2024 | finance.yahoo.com

Skeena Resources set for exciting 2024 following successful capital raise and feasibility study

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

January 10, 2024 | proactiveinvestors.com

Skeena Resources set for exciting 2024 following successful...Skeena Resources set for exciting 2024 following successful...

January 8, 2024 | seekingalpha.com

Skeena Resources: Robust Eskay Creek Economics Despite Higher Capex

December 27, 2023 | finanznachrichten.de

Skeena Resources Limited: Skeena Closes C$10.7 Million Flow-Through Financing

December 27, 2023 | finance.yahoo.com

Skeena Closes C$10.7 Million Flow-Through Financing

December 22, 2023 | finanznachrichten.de

Skeena Resources Limited: Skeena Files Updated Feasibility Study Technical Report for Eskay Creek

December 22, 2023 | finance.yahoo.com

Skeena Files Updated Feasibility Study Technical Report for Eskay Creek

December 20, 2023 | juniorminingnetwork.com

Skeena Resources Announces C$10 Million Flow-Through Financing

December 19, 2023 | finance.yahoo.com

Skeena Announces C$10 Million Flow-Through Financing

December 18, 2023 | finance.yahoo.com

Skeena Closes C$81 Million Financing with Franco-Nevada

December 7, 2023 | stockhouse.com

Eagle Plains Shareholders Approve all Matters at Annual General Meeting

December 7, 2023 | juniorminingnetwork.com

Eagle Plains Resources Shareholders Approve all Matters at Annual General Meeting

November 21, 2023 | finance.yahoo.com

Recent uptick might appease Skeena Resources Limited (TSE:SKE) institutional owners after losing 26% over the past year

November 19, 2023 | juniorminingnetwork.com

Skeena Resources – Video Interview – Definitive Feasibility Study Overview

November 19, 2023 | juniorminingnetwork.com

Skeena Resources – Video Interview – Definitive Feasibility Study Overview

November 13, 2023 | finance.yahoo.com

Skeena Reports Q3 2023 Financial Results

November 6, 2023 | finanznachrichten.de

Skeena Resources Limited: Eskay Creek DFS Conference Call Details

November 6, 2023 | finance.yahoo.com

Eskay Creek DFS Conference Call Details

October 6, 2023 | theglobeandmail.com

Closing Bell: Skeena Resources Ltd flat on Thursday (SKE)

See More Headlines

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Company Calendar

Last Earnings: 4/01/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:SKE
CUSIP: N/A
CIK: 1713748
Web: www.skeenaresources.com
Phone: (604) 684-8725
Fax: 604-558-7695
Employees: 83
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.00
High Stock Price Target: $18.00
Low Stock Price Target: $18.00
Potential Upside/Downside: +285.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.95)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-80,730,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -76.83%
Return on Assets: -59.28%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 3.86
Quick Ratio: 3.86

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.02 per share
Price / Book: 4.58

Miscellaneous

Outstanding Shares: 90,360,000
Free Float: 88,558,000
Market Cap: $421.98 million
Optionable: Not Optionable
Beta: 1.37

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Key Executives

Mr. Walter Coles Jr. (Age 52)
BA, Executive Chairman
Comp: $854.48k
Mr. Randall Reichert M.Sc. (Age 58)
P.Eng., CEO, President, COO & Director
Comp: $700.46k
Mr. Andrew MacRitchie B.Sc. (Age 49)
C.A., C.P.A., CPA, Chief Financial Officer
Comp: $441.3k
Mr. Justin R. Himmelright B.Sc.
Senior Vice President of External Affairs
Mr. Paul F. Geddes B.Sc.
P.Geo., Senior Vice President of Exploration & Resource Development
Katie MacKenzie
Director of Investor Relations
Ms. Kanako Motohashi B.A.
Vice President of People & Culture
Mr. Robert Jalun Kiesman (Age 47)
Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SKE Stock Analysis - Frequently Asked Questions

Should I buy or sell Skeena Resources stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skeena Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" SKE shares.
View SKE analyst ratings or view top-rated stocks.
What is Skeena Resources' stock price target for 2024?: 1 equities research analysts have issued 12 month price targets for Skeena Resources' stock. Their SKE share price targets range from $18.00 to $18.00. On average, they anticipate the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 287.9% from the stock's current price.
View analysts price targets for SKE or view top-rated stocks among Wall Street analysts.
How have SKE shares performed in 2024?: Skeena Resources' stock was trading at $4.88 at the start of the year. Since then, SKE stock has decreased by 4.9% and is now trading at $4.64.
View the best growth stocks for 2024 here.
Are investors shorting Skeena Resources?: Skeena Resources saw a decline in short interest in March. As of March 15th, there was short interest totaling 2,170,000 shares, a decline of 17.5% from the February 29th total of 2,630,000 shares. Based on an average trading volume of 170,900 shares, the short-interest ratio is currently 12.7 days. Currently, 2.9% of the company's shares are sold short.
View Skeena Resources' Short Interest.
When is Skeena Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our SKE earnings forecast.

How were Skeena Resources' earnings last quarter?: Skeena Resources Limited (NYSE:SKE) issued its quarterly earnings results on Monday, April, 1st. The company reported ($0.27) earnings per share for the quarter.
What ETFs hold Skeena Resources' stock?: ETFs with the largest weight of Skeena Resources (NYSE:SKE) stock in their portfolio include Sprott Junior Gold Miners ETF (SGDJ) and Amplify Junior Silver Miners ETF (SILJ).iShares MSCI Global Silver and Metals Miners ETF (SLVP).
When did Skeena Resources' stock split?: Skeena Resources shares reverse split before market open on Monday, June 7th 2021. The 1-4 reverse split was announced on Friday, June 4th 2021. The number of shares owned by shareholders was adjusted after the market closes on Thursday, June 10th 2021. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.
How do I buy shares of Skeena Resources?: Shares of SKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SKE) was last updated on 4/19/2024 by MarketBeat.com Staff

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