Robert Jalun Kiesman Sells 320 Shares of Skeena Resources (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) insider Robert Jalun Kiesman sold 320 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of C$41.24, for a total transaction of C$13,196.80. Following the completion of the transaction, the insider directly owned 2,009 shares in the company, valued at C$82,851.16. This trade represents a 13.74% decrease in their position.

Robert Jalun Kiesman also recently made the following trade(s):

• On Wednesday, May 6th, Robert Jalun Kiesman sold 1,400 shares of Skeena Resources stock. The shares were sold at an average price of C$39.72, for a total transaction of C$55,608.00.

Skeena Resources Stock Down 3.4%

Shares of TSE SKE opened at C$39.78 on Thursday. The firm has a market capitalization of C$4.94 billion, a PE ratio of -19.03 and a beta of 2.62. The company has a current ratio of 0.49, a quick ratio of 1.55 and a debt-to-equity ratio of 36.02. Skeena Resources Limited has a 1 year low of C$16.70 and a 1 year high of C$53.00. The firm’s 50-day moving average is C$41.96 and its 200-day moving average is C$38.85.

Skeena Resources (TSE:SKE) last issued its earnings results on Friday, May 15th. The company reported C($0.86) earnings per share (EPS) for the quarter. Equities analysts expect that Skeena Resources Limited will post -0.4862973 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Canaccord Genuity Group boosted their target price on Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. BMO Capital Markets upped their price target on Skeena Resources from C$45.00 to C$50.00 in a research note on Wednesday, April 1st. Finally, Canadian Imperial Bank of Commerce upped their price target on Skeena Resources from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Skeena Resources presently has a consensus rating of “Buy” and an average price target of C$47.43.

About Skeena Resources

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.