Andrew Osterloh Sells 5,474 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Andrew Osterloh sold 5,474 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$44.17, for a total value of C$241,786.58.

Skeena Resources Price Performance

Shares of SKE stock traded up C$0.60 on Wednesday, hitting C$46.69. 179,326 shares of the company’s stock were exchanged, compared to its average volume of 430,555. The company has a debt-to-equity ratio of 39.64, a current ratio of 1.82 and a quick ratio of 1.55. Skeena Resources Limited has a 12 month low of C$15.26 and a 12 month high of C$53.00. The stock has a market cap of C$5.68 billion, a P/E ratio of -29.36 and a beta of 2.62. The company has a 50 day moving average of C$42.87 and a 200 day moving average of C$37.38.

Skeena Resources (TSE:SKE) last announced its quarterly earnings data on Tuesday, March 24th. The company reported C($0.61) earnings per share for the quarter. On average, equities research analysts predict that Skeena Resources Limited will post -0.4862973 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Canaccord Genuity Group upped their price objective on Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. TD Securities upped their price objective on Skeena Resources from C$35.00 to C$49.00 in a research report on Thursday, January 22nd. BMO Capital Markets upped their price objective on Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Canadian Imperial Bank of Commerce upped their price objective on Skeena Resources from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. Finally, Scotiabank upped their price objective on Skeena Resources from C$25.00 to C$44.00 in a research report on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$47.43.

About Skeena Resources

Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company’s primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.