Skeena Resources Limited (TSE:SKE) Director Sells C$541,200.00 in Stock

Skeena Resources Limited (TSE:SKE) Director Walter Coles Jr. sold 33,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of C$16.40, for a total transaction of C$541,200.00.

Skeena Resources Price Performance

Shares of TSE:SKE opened at C$15.71 on Thursday. 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 company has a market capitalization of C$1.68 billion, a PE ratio of -10.27 and a beta of 1.65. The stock has a fifty day moving average of C$13.79 and a 200-day moving average of C$12.23. Skeena Resources Limited has a one year low of C$4.48 and a one year high of C$16.79.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Desjardins upgraded shares of Skeena Resources to a “moderate buy” rating in a research note on Thursday, October 31st. 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. Scotiabank increased their price objective on shares of Skeena Resources from C$13.50 to C$14.00 in a report on Wednesday, January 15th. Finally, CIBC dropped their target price on Skeena Resources from C$17.00 to C$16.00 in a 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.