Skeena Resources Limited (TSE:SKE) Senior Officer Sells C$476,268.00 in Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 33,540 shares of the company’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of C$14.20, for a total value of C$476,268.00.

Skeena Resources Stock Up 3.2 %

SKE opened at C$13.64 on Monday. The firm’s 50 day simple moving average is C$12.89 and its two-hundred day simple moving average is C$11.47. The company has a market capitalization of C$1.45 billion, a PE ratio of -8.92 and a beta of 1.65. Skeena Resources Limited has a 1-year low of C$4.48 and a 1-year high of C$14.70. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23.

Analyst Upgrades and Downgrades

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

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.