Raymond James Increases Skeena Resources (TSE:SKE) Price Target to C$14.00

Skeena Resources (TSE:SKE) had its price target raised by Raymond James from C$13.00 to C$14.00 in a research report sent to investors on Tuesday, BayStreet.CA reports.

Separately, Desjardins raised their price objective on shares of Skeena Resources from C$18.25 to C$19.75 and gave the stock a buy rating in a research note on Tuesday, January 30th. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of Buy and an average price target of C$16.39.

Skeena Resources Trading Up 0.5 %

Shares of Skeena Resources stock opened at C$6.36 on Tuesday. Skeena Resources has a 12-month low of C$4.20 and a 12-month high of C$10.38. The company has a current ratio of 1.35, a quick ratio of 1.55 and a debt-to-equity ratio of 2.27. The stock has a market cap of C$573.80 million, a PE ratio of -5.68 and a beta of 1.67. The company has a 50-day moving average of C$5.88 and a two-hundred day moving average of C$5.79.

Skeena Resources (TSE:SKE) last issued its earnings results on Monday, April 1st. The company reported C($0.37) earnings per share (EPS) for the quarter. On average, research analysts anticipate that Skeena Resources will post -0.4862973 EPS for the current fiscal year.

Insider Transactions at Skeena Resources

In other Skeena Resources news, Senior Officer Randy Reichert sold 53,100 shares of Skeena Resources stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of C$6.30, for a total value of C$334,476.90. Corporate insiders own 1.79% of the company’s stock.

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 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.