Insider Selling: Skeena Resources Limited (TSE:SKE) Senior Officer Sells 22,850 Shares of Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 22,850 shares of the firm’s stock in a transaction on Tuesday, September 17th. The stock was sold at an average price of C$11.89, for a total value of C$271,597.39.

Andrew Macritchie also recently made the following trade(s):

• On Tuesday, September 10th, Andrew Macritchie sold 5,000 shares of Skeena Resources stock. The stock was sold at an average price of C$10.50, for a total value of C$52,500.00.

Skeena Resources Trading Down 1.5 %

Shares of SKE stock opened at C$12.04 on Friday. Skeena Resources Limited has a 52-week low of C$4.20 and a 52-week high of C$12.77. The company has a debt-to-equity ratio of 10.23, a quick ratio of 1.55 and a current ratio of 2.88. The firm has a market capitalization of C$1.28 billion, a PE ratio of -7.97 and a beta of 1.65. The stock has a fifty day simple moving average of C$9.82 and a two-hundred day simple moving average of C$7.63.

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

Analyst Ratings Changes

A number of equities analysts recently commented on SKE shares. Desjardins raised their target price on Skeena Resources from C$19.75 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, June 26th. BMO Capital Markets raised their target price on Skeena Resources from C$18.00 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. Canaccord Genuity Group increased their price target on Skeena Resources from C$17.00 to C$17.25 in a research note on Tuesday, July 23rd. Royal Bank of Canada increased 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. Finally, Scotiabank increased their price target on Skeena Resources from C$12.00 to C$13.50 in a research note on Monday, August 19th. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average 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.