Skeena Resources (TSE:SKE) Given New C$49.00 Price Target at TD Securities

Skeena Resources (TSE:SKE) had its target price upped by TD Securities from C$35.00 to C$49.00 in a research report released on Thursday morning,BayStreet.CA reports.

SKE has been the subject of a number of other reports. Desjardins raised Skeena Resources to a “moderate buy” rating in a report on Wednesday, October 8th. CIBC lifted their target price on Skeena Resources from C$40.00 to C$44.00 in a research report on Tuesday, January 13th. Finally, Royal Bank Of Canada increased their price target on Skeena Resources from C$34.00 to C$53.00 in a research report on Wednesday, December 10th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$43.00.

Skeena Resources Trading Up 9.7%

TSE:SKE opened at C$43.11 on Thursday. The company has a debt-to-equity ratio of 19.27, a current ratio of 1.87 and a quick ratio of 1.55. The firm has a 50-day moving average of C$32.36 and a 200-day moving average of C$26.39. The company has a market cap of C$5.22 billion, a PE ratio of -43.99 and a beta of 2.11. Skeena Resources has a one year low of C$12.15 and a one year high of C$43.21.

Skeena Resources Company Profile

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.