Kyle Christopher Foster Sells 15,000 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 15,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of C$42.81, for a total value of C$642,150.00.

Kyle Christopher Foster also recently made the following trade(s):

• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The stock was sold at an average price of C$40.08, for a total value of C$602,362.32.
• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The stock was sold at an average price of C$40.00, for a total value of C$531,480.00.
• On Friday, April 17th, Kyle Christopher Foster sold 23,333 shares of Skeena Resources stock. The shares were sold at an average price of C$47.12, for a total value of C$1,099,450.96.
• On Friday, April 17th, Kyle Christopher Foster sold 5,000 shares of Skeena Resources stock. The stock was sold at an average price of C$46.77, for a total transaction of C$233,850.00.

Skeena Resources Trading Up 3.4%

Shares of Skeena Resources stock opened at C$46.09 on Wednesday. The company has a market capitalization of C$5.61 billion, a price-to-earnings ratio of -28.99 and a beta of 2.62. The company has a quick ratio of 1.55, a current ratio of 1.82 and a debt-to-equity ratio of 39.64. Skeena Resources Limited has a 12-month low of C$15.26 and a 12-month high of C$53.00. The firm’s 50-day moving average price is C$42.87 and its two-hundred day moving average price is C$37.38.

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

Analyst Upgrades and Downgrades

SKE has been the subject of several recent analyst reports. Canaccord Genuity Group upped their target price on Skeena Resources from C$40.00 to C$52.00 in a research note on Wednesday, April 1st. Canadian Imperial Bank of Commerce lifted their price target on Skeena Resources from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. TD Securities boosted their price target on Skeena Resources from C$35.00 to C$49.00 in a report on Thursday, January 22nd. BMO Capital Markets upped their price objective on Skeena Resources from C$45.00 to C$50.00 in a research report on Wednesday, April 1st. Finally, Scotiabank raised their price objective on Skeena Resources from C$25.00 to C$44.00 in a research note on Monday, January 26th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Skeena Resources has an average rating of “Buy” and a consensus price target 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.