Andrew Osterloh Sells 6,667 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Andrew Osterloh sold 6,667 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of C$44.24, for a total value of C$294,948.08.

Andrew Osterloh also recently made the following trade(s):

• On Monday, May 11th, Andrew Osterloh sold 5,474 shares of Skeena Resources stock. The shares were sold at an average price of C$44.17, for a total value of C$241,786.58.

Skeena Resources Price Performance

Shares of SKE stock opened at C$46.62 on Friday. Skeena Resources Limited has a 1-year low of C$15.36 and a 1-year high of C$53.00. The stock’s 50-day moving average is C$42.75 and its 200 day moving average is C$37.71. The company has a market cap of C$5.68 billion, a P/E ratio of -29.32 and a beta of 2.62. The company has a debt-to-equity ratio of 39.64, a current ratio of 1.82 and a quick ratio of 1.55.

Skeena Resources (TSE:SKE) last issued its quarterly earnings data on Tuesday, March 24th. The company reported C($0.61) earnings per share for the quarter. Research analysts predict that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. TD Securities raised their price target on Skeena Resources from C$35.00 to C$49.00 in a report on Thursday, January 22nd. Canaccord Genuity Group raised their price target on Skeena Resources from C$40.00 to C$52.00 in a report on Wednesday, April 1st. Canadian Imperial Bank of Commerce raised their price target on Skeena Resources from C$44.00 to C$58.00 in a report on Wednesday, February 4th. Scotiabank raised their price target on Skeena Resources from C$25.00 to C$44.00 in a report on Monday, January 26th. Finally, BMO Capital Markets raised their price target on Skeena Resources from C$45.00 to C$50.00 in a report on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently 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.