Skeena Resources Limited (TSE:SKE) Senior Officer Justin Reed Himmelright Sells 7,500 Shares

Skeena Resources Limited (TSE:SKE) Senior Officer Justin Reed Himmelright sold 7,500 shares of the firm’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$10.99, for a total transaction of C$82,395.00.

Justin Reed Himmelright also recently made the following trade(s):

• On Friday, July 19th, Justin Reed Himmelright sold 8,000 shares of Skeena Resources stock. The stock was sold at an average price of C$8.52, for a total transaction of C$68,136.00.

Skeena Resources Stock Performance

Shares of Skeena Resources stock opened at C$11.95 on Friday. Skeena Resources Limited has a 12 month low of C$4.20 and a 12 month high of C$12.08. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23. The business has a fifty day simple moving average of C$9.61 and a two-hundred day simple moving average of C$7.46. The firm has a market capitalization of C$1.27 billion, a P/E ratio of -7.81 and a beta of 1.65.

Skeena Resources (TSE:SKE) last released its earnings results on Thursday, August 8th. The company reported C($0.38) EPS for the quarter, missing the consensus estimate of C($0.08) by C($0.30). On average, equities analysts forecast that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SKE has been the subject of a number of recent analyst reports. Scotiabank upped their price target on Skeena Resources from C$12.00 to C$13.50 in a research report on Monday, August 19th. Royal Bank of Canada raised their price target on Skeena Resources from C$15.00 to C$17.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Canaccord Genuity Group boosted their price objective on shares of Skeena Resources from C$17.00 to C$17.25 in a research report on Tuesday, July 23rd. Desjardins upped their price objective on shares of Skeena Resources from C$19.75 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, June 26th. Finally, BMO Capital Markets lifted their target price on shares of Skeena Resources from C$18.00 to C$20.00 and gave the company an “outperform” rating in a research note on Thursday, June 27th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$16.96.

Skeena Resources Company Profile

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 nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.