Skyharbour Resources (CVE:SYH) Trading 4.1% Higher – Still a Buy?

Shares of Skyharbour Resources Ltd. (CVE:SYH) traded up 4.1% during mid-day trading on Thursday . The company traded as high as C$0.39 and last traded at C$0.39. Approximately 192,296 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 632,081 shares. The stock had previously closed at C$0.37.

Skyharbour Resources Price Performance

The stock’s 50 day moving average is C$0.42 and its two-hundred day moving average is C$0.46. The stock has a market capitalization of C$81.66 million, a PE ratio of 385.00 and a beta of 0.30.

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.