Andrew Macritchie Sells 22,850 Shares of Skeena Resources Limited (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 22,850 shares of the business’s stock in a transaction that occurred on Tuesday, September 17th. The shares were sold at an average price of C$11.89, for a total value of C$271,597.39.

Andrew Macritchie also recently made the following trade(s):

• On Tuesday, September 10th, Andrew Macritchie sold 5,000 shares of Skeena Resources stock. The shares were sold at an average price of C$10.50, for a total transaction of C$52,500.00.

Skeena Resources Price Performance

The company has a market capitalization of C$1.29 billion, a P/E ratio of -7.97 and a beta of 1.65. Skeena Resources Limited has a one year low of C$4.20 and a one year high of C$12.77. The company has a fifty day moving average of C$9.88 and a 200 day moving average of C$7.66. The company has a debt-to-equity ratio of 10.23, a quick ratio of 1.55 and a current ratio of 2.88.

Skeena Resources (TSE:SKE) last posted its quarterly earnings results on Thursday, August 8th. The company reported C($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.08) by C($0.30). On average, equities research analysts anticipate that Skeena Resources Limited will post -0.4862973 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on SKE. Canaccord Genuity Group boosted their price objective on shares of Skeena Resources from C$17.00 to C$17.25 in a research report on Tuesday, July 23rd. Royal Bank of Canada boosted their price target on Skeena Resources from C$15.00 to C$17.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. BMO Capital Markets increased their price objective on Skeena Resources from C$18.00 to C$20.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. Scotiabank boosted their target price on Skeena Resources from C$12.00 to C$13.50 in a research note on Monday, August 19th. Finally, Desjardins upped their price target on Skeena Resources from C$19.75 to C$20.00 and gave the stock a “buy” rating in a research report on Wednesday, June 26th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Skeena Resources presently has an average rating of “Buy” and a consensus target price of C$16.96.

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.