Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert Sells 17,956 Shares

Skeena Resources Limited (TSE:SKE) Senior Officer Randy Reichert sold 17,956 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of C$13.89, for a total value of C$249,430.39.

Skeena Resources Price Performance

TSE SKE opened at C$14.26 on Friday. The company has a debt-to-equity ratio of 10.23, a quick ratio of 1.55 and a current ratio of 2.88. The stock has a market cap of C$1.52 billion, a price-to-earnings ratio of -9.32 and a beta of 1.65. The business has a 50 day simple moving average of C$13.36 and a 200 day simple moving average of C$11.86. Skeena Resources Limited has a 52-week low of C$4.48 and a 52-week high of C$14.71.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SKE. Scotiabank raised their target price on Skeena Resources from C$13.50 to C$14.00 in a report on Wednesday, January 15th. Desjardins raised shares of Skeena Resources to a “moderate buy” rating in a research note on Thursday, October 31st. CIBC lowered their target price on shares of Skeena Resources from C$17.00 to C$16.00 in a research note on Monday, December 2nd. Finally, Royal Bank of Canada lifted their price target on shares of Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th.

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.