Research Analysts Offer Predictions for SKE FY2024 Earnings

Skeena Resources Limited (NYSE:SKE) – Stock analysts at Desjardins issued their FY2024 EPS estimates for shares of Skeena Resources in a research note issued to investors on Wednesday, February 26th. Desjardins analyst A. Carson forecasts that the company will post earnings of ($1.10) per share for the year. The consensus estimate for Skeena Resources’ current full-year earnings is ($0.98) per share. Desjardins also issued estimates for Skeena Resources’ FY2025 earnings at ($0.13) EPS.

Skeena Resources Stock Down 3.6 %

NYSE SKE opened at $9.53 on Monday. The business’s fifty day simple moving average is $9.89 and its 200-day simple moving average is $9.17. The firm has a market cap of $1.08 billion, a PE ratio of -6.96 and a beta of 1.29. Skeena Resources has a 52 week low of $3.90 and a 52 week high of $11.74.

Hedge Funds Weigh In On Skeena Resources

Institutional investors and hedge funds have recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in Skeena Resources in the fourth quarter valued at $31,000. FNY Investment Advisers LLC boosted its stake in Skeena Resources by 2,252.9% during the fourth quarter. FNY Investment Advisers LLC now owns 4,000 shares of the company’s stock worth $34,000 after buying an additional 3,830 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Skeena Resources in the 3rd quarter valued at approximately $43,000. Tower Research Capital LLC TRC lifted its holdings in shares of Skeena Resources by 2,067.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 5,809 shares of the company’s stock worth $51,000 after acquiring an additional 5,541 shares during the last quarter. Finally, Aquatic Capital Management LLC purchased a new position in shares of Skeena Resources during the 4th quarter worth approximately $89,000. 45.15% of the stock is currently owned by institutional investors and hedge funds.

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.