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

Skyharbour Resources (CVE:SYH) has been assigned a C$1.02 price objective by equities research analysts at Fundamental Research in a research note issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s price objective indicates a potential upside of 183.33% from the company’s previous close.

Skyharbour Resources Price Performance

Shares of CVE:SYH remained flat at C$0.36 during trading on Thursday. The stock had a trading volume of 102,942 shares, compared to its average volume of 289,144. The stock has a market capitalization of C$65.71 million, a price-to-earnings 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 firm’s 50-day simple moving average is C$0.38 and its two-hundred day simple moving average is 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.