Skyharbour Resources (CVE:SYH) PT Set at C$1.16 by Fundamental Research

Skyharbour Resources (CVE:SYH) has been given a C$1.16 price target by Fundamental Research in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price objective points to a potential upside of 127.45% from the stock’s current price.

Skyharbour Resources Stock Performance

Shares of CVE SYH opened at C$0.51 on Wednesday. Skyharbour Resources has a 52-week low of C$0.28 and a 52-week high of C$0.66. The company’s 50 day moving average price is C$0.45 and its 200-day moving average price is C$0.40. The company has a market capitalization of C$104.94 million, a P/E ratio of 102.00 and a beta of 1.13.

About Skyharbour Resources

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada. It also holds 100% interest in the South Falcon Point project; and the Moore Lake Uranium project comprising 12 claims totaling area of 35,705 located in Saskatchewan, Canada.