FY2024 Earnings Forecast for TSE:SKE Issued By Scotiabank

Skeena Resources Limited (TSE:SKEFree Report) – Investment analysts at Scotiabank lowered their FY2024 earnings per share estimates for shares of Skeena Resources in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will post earnings of ($1.67) per share for the year, down from their prior forecast of ($1.10). The consensus estimate for Skeena Resources’ current full-year earnings is ($0.49) per share. Scotiabank also issued estimates for Skeena Resources’ FY2025 earnings at ($0.59) EPS and FY2026 earnings at ($0.64) EPS.

SKE has been the topic of a number of other research reports. Royal Bank of Canada boosted their price target on shares of Skeena Resources from C$17.00 to C$18.00 in a report on Friday, December 6th. Desjardins upgraded Skeena Resources to a “moderate buy” rating in a report on Thursday, October 31st. Finally, CIBC decreased their price target on shares of Skeena Resources from C$17.00 to C$16.00 in a report on Monday, December 2nd.

View Our Latest Stock Report on SKE

Skeena Resources Trading Up 6.7 %

TSE:SKE opened at C$13.92 on Monday. The stock has a fifty day simple moving average of C$12.86 and a 200 day simple moving average of C$11.28. 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$1.48 billion, a price-to-earnings ratio of -9.10 and a beta of 1.65. Skeena Resources has a 1-year low of C$4.48 and a 1-year high of C$14.70.

Insider Activity

In other Skeena Resources news, Director Craig Andrew Parry sold 70,000 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of C$10.58, for a total transaction of C$740,509.00. 1.51% of the stock is owned by corporate insiders.

Skeena Resources Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Skeena Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skeena Resources and related companies with MarketBeat.com's FREE daily email newsletter.