FY2026 EPS Estimate for Skeena Resources Raised by Analyst

Skeena Resources Limited (NYSE:SKE) – Scotiabank raised their FY2026 earnings estimates for shares of Skeena Resources in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will earn ($1.37) per share for the year, up from their prior estimate of ($1.39). The consensus estimate for Skeena Resources’ current full-year earnings is ($1.23) per share.

A number of other equities analysts also recently weighed in on SKE. Wall Street Zen downgraded shares of Skeena Resources from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Skeena Resources in a research report on Friday. Finally, Zacks Research downgraded Skeena Resources from a “hold” rating to a “strong sell” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Skeena Resources Stock Performance

Shares of NYSE SKE opened at $25.06 on Monday. The company has a market capitalization of $3.12 billion, a P/E ratio of -16.60 and a beta of 1.14. Skeena Resources has a 52-week low of $13.81 and a 52-week high of $38.77. The company’s 50 day moving average price is $28.25 and its 200-day moving average price is $29.91.

Institutional Trading of Skeena Resources

Several large investors have recently modified their holdings of SKE. Vanguard Group Inc. boosted its position in shares of Skeena Resources by 108.3% during the 4th quarter. Vanguard Group Inc. now owns 2,625,277 shares of the company’s stock worth $62,353,000 after purchasing an additional 1,364,835 shares in the last quarter. Millennium Management LLC increased its position in Skeena Resources by 44.6% in the 4th quarter. Millennium Management LLC now owns 2,202,510 shares of the company’s stock valued at $52,309,000 after buying an additional 679,709 shares in the last quarter. Bornite Capital Management LP bought a new stake in Skeena Resources in the 4th quarter valued at about $12,423,000. JPMorgan Chase & Co. raised its stake in Skeena Resources by 48.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,467,864 shares of the company’s stock worth $27,053,000 after buying an additional 482,369 shares during the period. Finally, BW Gestao de Investimentos Ltda. acquired a new position in Skeena Resources during the 4th quarter worth approximately $10,397,000. Institutional investors and hedge funds own 45.15% of the company’s stock.

Skeena Resources Company Profile

Skeena Resources Limited explores for and develops mineral properties in Canada. The company explores for gold, silver, copper, and other precious metal deposits. It holds 100% interests in the Snip gold mine comprising one mining lease and nine mineral tenures that covers an area of approximately 4,724 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,666 hectares located in British Columbia, Canada.