Skeena Resources Limited (TSE:SKE) Director Craig Andrew Parry Sells 70,000 Shares

Skeena Resources Limited (TSE:SKE) Director Craig Andrew Parry sold 70,000 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of C$10.58, for a total value of C$740,509.00.

Skeena Resources Price Performance

Shares of SKE stock opened at C$11.94 on Tuesday. The company has a debt-to-equity ratio of 10.23, a current ratio of 2.88 and a quick ratio of 1.55. The stock’s fifty day simple moving average is C$12.23 and its 200 day simple moving average is C$9.42. Skeena Resources Limited has a one year low of C$4.48 and a one year high of C$14.28. The firm has a market cap of C$1.27 billion, a price-to-earnings ratio of -7.80 and a beta of 1.65.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Royal Bank of Canada lifted their price target on Skeena Resources from C$15.00 to C$17.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Scotiabank upped their target price on shares of Skeena Resources from C$12.00 to C$13.50 in a research note on Monday, August 19th. Desjardins upgraded shares of Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, Canaccord Genuity Group upped their price objective on shares of Skeena Resources from C$17.00 to C$17.25 in a research report on Tuesday, July 23rd. Three 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 company has a consensus rating of “Buy” and a consensus price target of C$16.96.

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.