Paul Geddes Sells 5,200 Shares of Skeena Resources Limited (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Paul Geddes sold 5,200 shares of the company’s stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of C$15.62, for a total value of C$81,248.44.

Skeena Resources Stock Performance

Shares of SKE stock opened at C$17.13 on Wednesday. The business has a fifty day moving average of C$15.53 and a 200 day moving average of C$14.27. The firm has a market capitalization of C$1.88 billion, a price-to-earnings ratio of -10.35 and a beta of 1.65. Skeena Resources Limited has a 1 year low of C$5.61 and a 1 year high of C$18.14. The company has a debt-to-equity ratio of 19.27, a current ratio of 1.87 and a quick ratio of 1.55.

Analysts Set New Price Targets

Separately, Raymond James increased their target price on Skeena Resources from C$18.50 to C$21.00 in a research report on Friday, April 4th.

About Skeena Resources

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.