Skyharbour Resources (CVE:SYH) Given a C$1.02 Price Target by Fundamental Research Analysts

Skyharbour Resources (CVE:SYH) received a C$1.02 price target from equities research analysts at Fundamental Research in a research report issued on Tuesday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price target indicates a potential upside of 175.68% from the company’s current price.

Skyharbour Resources Stock Up 2.8 %

CVE SYH traded up C$0.01 during trading hours on Tuesday, reaching C$0.37. 131,621 shares of the company were exchanged, compared to its average volume of 245,768. Skyharbour Resources has a 1 year low of C$0.31 and a 1 year high of C$0.60. The business’s 50 day simple moving average is C$0.38 and its 200-day simple moving average is C$0.39. The stock has a market capitalization of C$67.54 million, a P/E ratio of -18.50 and a beta of 1.84.

Skyharbour Resources Company Profile

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.