Insider Selling: Skeena Resources Limited (TSE:SKE) Senior Officer Sells 59,992 Shares of Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 59,992 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of C$15.67, for a total transaction of C$940,074.64.

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

• On Tuesday, January 14th, Andrew Macritchie sold 33,540 shares of Skeena Resources stock. The stock was sold at an average price of C$14.20, for a total transaction of C$476,268.00.

Skeena Resources Trading Down 1.2 %

Shares of SKE opened at C$15.71 on Thursday. The stock’s 50-day moving average price is C$13.79 and its 200 day moving average price is C$12.23. The company has a quick ratio of 1.55, a current ratio of 2.88 and a debt-to-equity ratio of 10.23. The firm has a market capitalization of C$1.68 billion, a price-to-earnings ratio of -10.27 and a beta of 1.65. Skeena Resources Limited has a 12-month low of C$4.48 and a 12-month high of C$16.79.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on SKE shares. Royal Bank of Canada raised their price target on Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. Scotiabank increased their target price on Skeena Resources from C$13.50 to C$14.00 in a research note on Wednesday, January 15th. CIBC dropped their price target on Skeena Resources from C$17.00 to C$16.00 in a research report on Monday, December 2nd. Finally, Desjardins raised Skeena Resources to a “moderate buy” rating in a research report on Thursday, October 31st.

Skeena Resources Company Profile

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.