Shares of Skeena Resources Limited (TSE:SKE – Get Free Report) have earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is C$15.57.
SKE has been the topic of a number of recent research reports. Raymond James cut their price target on shares of Skeena Resources from C$16.00 to C$12.50 and set a “strong-buy” rating on the stock in a report on Wednesday, October 11th. CIBC boosted their target price on shares of Skeena Resources from C$16.50 to C$17.00 and gave the company an “outperform” rating in a report on Friday. Desjardins boosted their target price on shares of Skeena Resources from C$17.00 to C$18.25 and gave the company a “buy” rating in a report on Friday. BMO Capital Markets boosted their target price on shares of Skeena Resources from C$16.50 to C$18.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Canaccord Genuity Group boosted their target price on shares of Skeena Resources from C$12.50 to C$14.25 and gave the company a “speculative buy” rating in a report on Tuesday, September 5th.
Skeena Resources Price Performance
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.
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