Skeena Resources (TSE:SKE – Free Report) had its price target raised by CIBC from C$16.50 to C$17.00 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
A number of other brokerages also recently weighed in on SKE. Canaccord Genuity Group upped their price objective on shares of Skeena Resources from C$12.50 to C$14.25 and gave the stock a speculative buy rating in a research report on Tuesday, September 5th. Raymond James cut their target price on shares of Skeena Resources from C$16.00 to C$12.50 and set a strong-buy rating for the company in a research note on Wednesday, October 11th. Finally, BMO Capital Markets upped their price objective on shares of Skeena Resources from C$16.50 to C$18.00 and gave the company an outperform rating in a research note on Thursday, November 16th. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Skeena Resources presently has a consensus rating of Buy and a consensus target price of C$15.57.
Skeena Resources Stock Up 0.2 %
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 four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.
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