Shares of Skyharbour Resources Ltd. (CVE:SYH – Get Free Report) shot up 43.1% during trading on Saturday . The stock traded as high as C$0.47 and last traded at C$0.47. 7,214,700 shares changed hands during mid-day trading, an increase of 1,130% from the average session volume of 586,360 shares. The stock had previously closed at C$0.33.
Skyharbour Resources News Summary
Here are the key news stories impacting Skyharbour Resources this week:
- Neutral Sentiment: No news articles were provided to summarize. Please paste the article text or links (up to several) from the last 24–36 hours and I will summarize why SYH’s stock is moving and what matters for investors.
Wall Street Analyst Weigh In
Separately, Fundamental Research set a C$1.12 price target on shares of Skyharbour Resources and gave the company a “buy” rating in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$1.12.
Skyharbour Resources Stock Performance
The company has a market cap of C$95.07 million, a P/E ratio of 93.00 and a beta of 1.26. The stock’s fifty day moving average price is C$0.35 and its two-hundred day moving average price is C$0.35.
About Skyharbour Resources
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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