Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert Sells 53,100 Shares

Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert sold 53,100 shares of Skeena Resources stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total value of C$334,476.90.

Skeena Resources Price Performance

TSE:SKE opened at C$6.36 on Friday. Skeena Resources Limited has a 12 month low of C$4.20 and a 12 month high of C$10.38. The stock has a 50 day moving average of C$5.88 and a two-hundred day moving average of C$5.79. The company has a current ratio of 1.35, a quick ratio of 1.55 and a debt-to-equity ratio of 2.27. The firm has a market cap of C$573.80 million, a P/E ratio of -5.68 and a beta of 1.67.

Skeena Resources (TSE:SKE) last posted its quarterly earnings data on Monday, April 1st. The company reported C($0.37) EPS for the quarter. On average, analysts expect that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Analyst Ratings Changes

SKE has been the subject of several recent analyst reports. Raymond James lifted their price target on Skeena Resources from C$13.00 to C$14.00 in a research note on Tuesday. Desjardins lifted their price target on Skeena Resources from C$18.25 to C$19.75 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Finally, Canaccord Genuity Group lifted their price target on Skeena Resources from C$14.75 to C$17.00 in a research note on Tuesday. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$16.39.

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.