Skeena Resources (TSE:SKE) Price Target Raised to C$52.00
by Sarita Garza · The Markets DailySkeena Resources (TSE:SKE – Free Report) had its price target boosted by Canaccord Genuity Group from C$40.00 to C$52.00 in a research note published on Wednesday,BayStreet.CA reports.
SKE has been the topic of a number of other research reports. Royal Bank Of Canada boosted their price objective on shares of Skeena Resources from C$34.00 to C$53.00 in a research report on Wednesday, December 10th. Scotiabank raised their target price on shares of Skeena Resources from C$25.00 to C$44.00 in a research report on Monday, January 26th. TD Securities lifted their price target on shares of Skeena Resources from C$35.00 to C$49.00 in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce boosted their price target on shares of Skeena Resources from C$44.00 to C$58.00 in a research report on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Skeena Resources presently has an average rating of “Buy” and an average target price of C$47.43.
Get Our Latest Stock Analysis on Skeena Resources
Skeena Resources Price Performance
Shares of Skeena Resources stock opened at C$43.05 on Wednesday. The business’s 50 day simple moving average is C$43.70 and its 200 day simple moving average is C$34.06. Skeena Resources has a 52-week low of C$12.15 and a 52-week high of C$53.00. The firm has a market cap of C$5.24 billion, a PE ratio of -27.08 and a beta of 2.35. The company has a debt-to-equity ratio of 39.64, a quick ratio of 1.55 and a current ratio of 1.82.
Skeena Resources (TSE:SKE – Get Free Report) last released its earnings results on Tuesday, March 24th. The company reported C($0.61) EPS for the quarter. On average, analysts predict that Skeena Resources will post -0.4862973 earnings per share for the current fiscal year.
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.