Skyharbour Resources (CVE:SYH) Shares Up 43.1% – Still a Buy?

Skyharbour Resources Ltd. (CVE:SYH) was up 43.1% during trading on Friday . The stock traded as high as C$0.47 and last traded at C$0.47. Approximately 7,214,700 shares traded hands during mid-day trading, an increase of 1,130% from the average daily volume of 586,360 shares. The stock had previously closed at C$0.33.

Trending Headlines about Skyharbour Resources

Here are the key news stories impacting Skyharbour Resources this week:

• Positive Sentiment: Share price direction — The stock is trading higher today, which is driving investor interest and volume (check news links or filings for the catalyst).
• Neutral Sentiment: Opening price and moving averages — Opened at C$0.47; 50-day and 200-day moving averages are both C$0.35, indicating recent strength relative to intermediate and long-term averages.
• Neutral Sentiment: 52-week range — 52-week low C$0.28 and high C$0.50; current price is near the 52-week high, which can attract momentum traders.
• Neutral Sentiment: Market cap and liquidity — Market cap ~C$95M and beta 1.26; mid/ small-cap dynamics may lead to larger intraday swings on news.
• Negative Sentiment: Valuation metric — Reported P/E ~93.0 suggests a high multiple relative to earnings (or limited current earnings), implying sensitivity to news and execution risk.

Analysts Set New Price Targets

Separately, Fundamental Research set a C$1.12 price objective on shares of Skyharbour Resources and gave the company a “buy” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$1.12.

Skyharbour Resources Stock Up 43.1%

The firm has a market cap of C$95.07 million, a P/E ratio of 93.00 and a beta of 1.26. The firm has a fifty day moving average of C$0.35 and a 200-day moving average of C$0.35.

About Skyharbour Resources

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada. It also holds 100% interest in the South Falcon Point project; and the Moore Lake Uranium project comprising 12 claims totaling area of 35,705 located in Saskatchewan, Canada.