Brokerages Set Skeena Resources Limited (TSE:SKE) Target Price at C$15.86

Skeena Resources Limited (TSE:SKE) has been given an average recommendation of “Buy” by the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$15.86.

Several equities research analysts have recently commented on SKE shares. Desjardins increased their price objective on Skeena Resources from C$18.25 to C$19.75 and gave the company a “buy” rating in a report on Tuesday, January 30th. Raymond James increased their price objective on Skeena Resources from C$12.50 to C$13.00 and gave the company a “strong-buy” rating in a report on Friday, January 12th.

Skeena Resources Trading Down 0.8 %

TSE:SKE opened at C$6.36 on Monday. Skeena Resources has a twelve month low of C$4.20 and a twelve month high of C$10.38. The company has a quick ratio of 1.55, a current ratio of 1.35 and a debt-to-equity ratio of 2.27. The business has a 50 day moving average price of C$5.80 and a two-hundred day moving average price of C$5.78. The company has a market cap of C$573.80 million, a P/E ratio of -5.68 and a beta of 1.67.

Skeena Resources (TSE:SKE) last released its quarterly earnings results on Monday, April 1st. The company reported C($0.37) earnings per share for the quarter. As a group, analysts expect that Skeena Resources will post -0.4862973 EPS for the current fiscal year.

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.