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

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 855 shares of the company’s stock in a transaction that occurred on 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. This trade represents 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 shares were 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 shares were 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 shares were sold at an average price of C$46.77, for a total value of C$233,850.00.

Skeena Resources Stock Up 1.3%

Skeena Resources stock opened at C$41.18 on Wednesday. The company has a debt-to-equity ratio of 36.02, a quick ratio of 1.55 and a current ratio of 0.49. The firm has a market capitalization of C$5.11 billion, a price-to-earnings ratio of -19.70 and a beta of 2.62. Skeena Resources Limited has a fifty-two week low of C$16.46 and a fifty-two week high of C$53.00. The stock’s fifty day moving average is C$42.00 and its two-hundred day moving average is C$38.73.

Skeena Resources (TSE:SKE) last posted its quarterly earnings data on Friday, May 15th. The company reported C($0.86) EPS for the quarter. Analysts predict that Skeena Resources Limited will post -0.4862973 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Canaccord Genuity Group raised their price objective on Skeena Resources from C$40.00 to C$52.00 in a report on Wednesday, April 1st. BMO Capital Markets raised their price objective on Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. Finally, Canadian Imperial Bank of Commerce raised their price objective on Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Skeena Resources presently has a consensus rating of “Buy” and a consensus target price of C$47.43.

Skeena Resources Company Profile

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.