Skyharbour Resources (CVE:SYH) PT Set at C$0.75 by Ventum

Skyharbour Resources (CVE:SYH) has been given a C$0.75 price objective by Ventum in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum’s price objective would indicate a potential upside of 63.04% from the company’s current price.

Skyharbour Resources Trading Down 7.1%

CVE:SYH traded down C$0.04 during trading hours on Friday, hitting C$0.46. 495,378 shares of the stock were exchanged, compared to its average volume of 609,810. Skyharbour Resources has a 52-week low of C$0.29 and a 52-week high of C$0.66. The firm’s fifty day moving average price is C$0.41 and its 200 day moving average price is C$0.45. The company has a market cap of C$101.73 million, a P/E ratio of 370.00 and a beta of 0.29.

Skyharbour Resources Company Profile

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.