Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie Sells 33,540 Shares of Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 33,540 shares of the stock in a transaction dated Tuesday, January 14th. The shares were sold at an average price of C$14.20, for a total transaction of C$476,268.00.

Skeena Resources Price Performance

SKE stock opened at C$13.64 on Friday. Skeena Resources Limited has a 52-week low of C$4.48 and a 52-week high of C$14.70. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 10.23. The stock has a market cap of C$1.45 billion, a price-to-earnings ratio of -8.92 and a beta of 1.65. The business has a fifty day moving average of C$12.88 and a two-hundred day moving average of C$11.38.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on SKE shares. Desjardins raised Skeena Resources to a “moderate buy” rating in a report on Thursday, October 31st. Scotiabank raised their target price on Skeena Resources from C$13.50 to C$14.00 in a research note on Wednesday. Royal Bank of Canada boosted their price target on shares of Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. Finally, CIBC cut their price objective on shares of Skeena Resources from C$17.00 to C$16.00 in a research report on Monday, December 2nd.

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.