Kyle Christopher Foster Sells 855 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 855 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of C$40.35, for a total value of C$34,499.25. Following the sale, the insider owned 655 shares of the company’s stock, valued at C$26,429.25. The trade was a 56.62% decrease in their position.

Kyle Christopher Foster also recently made the following trade(s):

• On Wednesday, May 6th, Kyle Christopher Foster sold 15,000 shares of Skeena Resources stock. The stock was sold at an average price of C$42.81, for a total value of C$642,150.00.
• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The stock was sold at an average price of C$40.08, for a total value of C$602,362.32.
• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The stock was sold at an average price of C$40.00, for a total value of C$531,480.00.
• On Friday, April 17th, Kyle Christopher Foster sold 23,333 shares of Skeena Resources stock. The stock was sold at an average price of C$47.12, for a total value of C$1,099,450.96.
• On Friday, April 17th, Kyle Christopher Foster sold 5,000 shares of Skeena Resources stock. The stock was sold at an average price of C$46.77, for a total value of C$233,850.00.

Skeena Resources Stock Down 3.4%

Shares of TSE:SKE opened at C$39.78 on Thursday. The company has a debt-to-equity ratio of 36.02, a quick ratio of 1.55 and a current ratio of 0.49. Skeena Resources Limited has a 1 year low of C$16.70 and a 1 year high of C$53.00. The stock has a market capitalization of C$4.94 billion, a P/E ratio of -19.03 and a beta of 2.62. The stock has a 50-day simple moving average of C$41.96 and a 200-day simple moving average of C$38.85.

Skeena Resources (TSE:SKE) last issued its earnings results on Friday, May 15th. The company reported C($0.86) earnings per share (EPS) for the quarter. Equities analysts forecast that Skeena Resources Limited will post -0.4862973 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SKE shares. Canadian Imperial Bank of Commerce upped their price target on Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. BMO Capital Markets upped their price target on Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. Finally, Canaccord Genuity Group upped their price target on Skeena Resources from C$40.00 to C$52.00 in a report on Wednesday, April 1st. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Skeena Resources currently has an average rating of “Buy” and an average price target 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.