Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$476,268.00 in Stock

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

Skeena Resources Stock Performance

TSE SKE traded up C$0.42 during trading on Friday, reaching C$13.64. 284,011 shares of the company’s stock were exchanged, compared to its average volume of 285,327. Skeena Resources Limited has a fifty-two week low of C$4.48 and a fifty-two week high of C$14.70. The stock has a market capitalization of C$1.45 billion, a P/E ratio of -8.92 and a beta of 1.65. The business has a 50 day moving average price of C$12.88 and a 200-day moving average price of C$11.38. The company has a debt-to-equity ratio of 10.23, a current ratio of 2.88 and a quick ratio of 1.55.

Wall Street Analysts Forecast Growth

SKE has been the subject of several analyst reports. Royal Bank of Canada raised their price objective on Skeena Resources from C$17.00 to C$18.00 in a report on Friday, December 6th. Desjardins raised Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Scotiabank boosted their price target on Skeena Resources from C$13.50 to C$14.00 in a research report on Wednesday. Finally, CIBC dropped their price objective on Skeena Resources from C$17.00 to C$16.00 in a research note 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.