Skeena Resources (TSE:SKE) Shares Climb 3.4% – What’s Next?

Posted by Latisha Jones on Oct 6th, 2026

Skeena Resources Limited (TSE:SKE – Get Free Report)’s stock price traded up 3.4% during trading on Tuesday. The stock traded as high as C$44.99 and last traded at C$44.62. 257,924 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 383,793 shares. The stock had previously closed at C$43.17.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada set a C$64.00 target price on shares of Skeena Resources and gave the company a “moderate buy” rating in a research note on Tuesday, September 15th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$52.83.

Check Out Our Latest Analysis on SKE

Skeena Resources Stock Up 3.4%

The company’s fifty day moving average price is C$44.18 and its 200-day moving average price is C$41.75. The stock has a market capitalization of C$5.60 billion, a PE ratio of -21.56 and a beta of 2.59. The company has a quick ratio of 1.55, a current ratio of 3.15 and a debt-to-equity ratio of 657.17.

Skeena Resources (TSE:SKE – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported C($0.28) earnings per share (EPS) for the quarter. Analysts forecast that Skeena Resources Limited will post -0.4862973 earnings per share for the current year.

Insider Activity

In related news, insider Andrew Macritchie sold 50,000 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The stock was sold at an average price of C$39.86, for a total value of C$1,993,000.00. Following the transaction, the insider directly owned 726,503 shares of the company’s stock, valued at approximately C$28,958,409.58. This trade represents a 6.44% decrease in their position. Insiders own 1.51% of the company’s stock.

About Skeena Resources

(Get Free Report)

Skeena is a leading precious metals development company focused on advancing the Eskay Creek Gold-Silver Project in British Columbia’s Golden Triangle. With the Project fully permitted and under construction, the Company is progressing Eskay Creek towards initial production and cash flow in the second quarter of 2027. Once in operation, Eskay Creek is expected to be one of the world’s highest-grade and lowest-cost open-pit precious metals mines, with significant silver by-product production that exceeds the output of many primary silver mines.