Randy Reichert Sells 53,100 Shares of Skeena Resources Limited (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert sold 53,100 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total value of C$334,476.90.

Skeena Resources Stock Up 0.5 %

Shares of TSE:SKE opened at C$6.36 on Friday. The stock has a fifty day simple moving average of C$5.88 and a two-hundred day simple moving average of C$5.79. The stock has a market capitalization of C$573.80 million, a price-to-earnings ratio of -5.68 and a beta of 1.67. Skeena Resources Limited has a 12-month low of C$4.20 and a 12-month high of C$10.38. The company has a current ratio of 1.35, a quick ratio of 1.55 and a debt-to-equity ratio of 2.27.

Skeena Resources (TSE:SKE) last announced its quarterly earnings data on Monday, April 1st. The company reported C($0.37) earnings per share (EPS) for the quarter. On average, research analysts anticipate that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Desjardins raised their price target on Skeena Resources from C$18.25 to C$19.75 and gave the company a “buy” rating in a report on Tuesday, January 30th. Canaccord Genuity Group lifted their price objective on Skeena Resources from C$14.75 to C$17.00 in a research report on Tuesday. Finally, Raymond James raised their target price on Skeena Resources from C$13.00 to C$14.00 in a research note on Tuesday. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of C$16.39.

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 four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.