Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie Sells 59,992 Shares of Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 59,992 shares of the company’s stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of C$15.67, for a total transaction of C$940,074.64.

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

• On Tuesday, January 14th, Andrew Macritchie sold 33,540 shares of Skeena Resources stock. The shares were sold at an average price of C$14.20, for a total transaction of C$476,268.00.

Skeena Resources Stock Up 2.2 %

Shares of TSE SKE opened at C$16.45 on Tuesday. Skeena Resources Limited has a 12-month low of C$4.48 and a 12-month high of C$16.79. The stock’s fifty day simple moving average is C$13.68 and its two-hundred day simple moving average is C$12.15. The stock has a market capitalization of C$1.75 billion, a PE ratio of -10.75 and a beta of 1.65. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Desjardins raised shares of Skeena Resources to a “moderate buy” rating in a research note on Thursday, October 31st. CIBC decreased their target price on Skeena Resources from C$17.00 to C$16.00 in a research report on Monday, December 2nd. Scotiabank upped their target price on Skeena Resources from C$13.50 to C$14.00 in a report on Wednesday, January 15th. Finally, Royal Bank of Canada raised their price target on Skeena Resources from C$17.00 to C$18.00 in a research note on Friday, December 6th.

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.