Fundamental Research Reiterates C$1.02 Price Target for Skyharbour Resources (CVE:SYH)

Skyharbour Resources (CVE:SYH) received a C$1.02 price objective from research analysts at Fundamental Research in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Fundamental Research’s price target indicates a potential upside of 183.33% from the stock’s previous close.

Skyharbour Resources Stock Performance

Shares of CVE:SYH remained flat at C$0.36 during midday trading on Thursday. 102,942 shares of the company were exchanged, compared to its average volume of 289,144. The stock has a market capitalization of C$65.71 million, a PE ratio of -18.00 and a beta of 1.84. Skyharbour Resources has a 52 week low of C$0.31 and a 52 week high of C$0.60. The stock has a 50-day simple moving average of C$0.38 and a 200 day simple moving average of C$0.39.

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.