Skyharbour Resources (CVE:SYH) PT Set at C$1.01 by Fundamental Research

Skyharbour Resources (CVE:SYH) has been given a C$1.01 price objective by Fundamental Research in a report issued on Wednesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Fundamental Research’s price target would indicate a potential upside of 210.77% from the stock’s current price.

Skyharbour Resources Trading Up 1.6%

SYH stock opened at C$0.33 on Wednesday. The firm has a 50 day moving average of C$0.33 and a 200-day moving average of C$0.34. The company has a market cap of C$67.43 million, a price-to-earnings ratio of -16.75 and a beta of 1.84. Skyharbour Resources has a 12-month low of C$0.28 and a 12-month high of C$0.51.

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.