Skeena Resources (TSE:SKE) Insider Kyle Christopher Foster Sells 1,475 Shares of Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 1,475 shares of the company’s stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$41.70, for a total value of C$61,507.50. Following the completion of the sale, the insider owned 655 shares in the company, valued at approximately C$27,313.50. This represents a 69.25% decrease in their position.

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

• On Thursday, May 21st, Kyle Christopher Foster sold 855 shares of Skeena Resources stock. The stock was sold at an average price of C$40.35, for a total transaction of C$34,499.25.
• On Wednesday, May 6th, Kyle Christopher Foster sold 15,000 shares of Skeena Resources stock. The shares were sold at an average price of C$42.81, for a total value of C$642,150.00.
• On Monday, May 4th, Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock. The shares were sold at an average price of C$40.08, for a total transaction of C$602,362.32.
• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The shares were sold at an average price of C$40.00, for a total transaction 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 Down 3.8%

SKE opened at C$39.96 on Tuesday. The company has a debt-to-equity ratio of 36.02, a current ratio of 0.49 and a quick ratio of 1.55. The company’s 50 day simple moving average is C$40.46 and its two-hundred day simple moving average is C$41.03. Skeena Resources Limited has a 1-year low of C$19.14 and a 1-year high of C$53.00. The firm has a market capitalization of C$4.96 billion, a price-to-earnings ratio of -19.12 and a beta of 2.49.

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

Analyst Ratings Changes

Several analysts have recently issued reports on SKE shares. Canaccord Genuity Group increased their price target on shares of Skeena Resources from C$40.00 to C$52.00 in a research report on Wednesday, April 1st. BMO Capital Markets upped their target price on shares of Skeena Resources from C$45.00 to C$50.00 in a research note on Wednesday, April 1st. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently 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.