Skyharbour Resources (CVE:SYH) Stock Price Up 43.1% – Here’s Why

Skyharbour Resources Ltd. (CVE:SYHGet Free Report)’s share price traded up 43.1% on Saturday . The company traded as high as C$0.47 and last traded at C$0.47. 7,214,700 shares were traded during trading, an increase of 1,130% from the average session volume of 586,360 shares. The stock had previously closed at C$0.33.

Key Skyharbour Resources News

Here are the key news stories impacting Skyharbour Resources this week:

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Wall Street Analyst Weigh In

Separately, Fundamental Research set a C$1.12 price target on Skyharbour Resources and gave the stock a “buy” rating in a research report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$1.12.

View Our Latest Stock Report on Skyharbour Resources

Skyharbour Resources Stock Up 43.1%

The company’s 50 day simple moving average is C$0.35 and its two-hundred day simple moving average is C$0.35. The company has a market capitalization of C$95.07 million, a price-to-earnings ratio of 93.00 and a beta of 1.26.

Skyharbour Resources Company Profile

(Get Free Report)

Skyharbour Resources Ltd. engages in acquisition, exploration, and evaluation of uranium mineral properties. The company holds 51% interest in the Preston Uranium project covering an area of 49,635 hectares; 80% interest in the Hook Lake project consisting of 16 contiguous mineral claims covering an area of 25,847 hectares; and 100% earn-in option to acquire interest in the Yurchison project comprising 13 claims totaling area of 57,407 hectares located in Saskatchewan, Canada. It also holds 100% interest in the South Falcon Point project; and the Moore Lake Uranium project comprising 12 claims totaling area of 35,705 located in Saskatchewan, Canada.

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