Skeena Resources (TSE:SKE) Given New C$17.00 Price Target at Canaccord Genuity Group

Skeena Resources (TSE:SKE) had its price target hoisted by Canaccord Genuity Group from C$14.75 to C$17.00 in a report published on Tuesday, BayStreet.CA reports.

SKE has been the subject of a number of other research reports. Raymond James upped their target price on Skeena Resources from C$13.00 to C$14.00 in a report on Tuesday. Desjardins upped their target price on Skeena Resources from C$18.25 to C$19.75 and gave the stock a buy rating in a report on Tuesday, January 30th. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of Buy and an average price target of C$16.39.

Skeena Resources Price Performance

Skeena Resources stock opened at C$6.49 on Tuesday. The company has a debt-to-equity ratio of 2.27, a quick ratio of 1.55 and a current ratio of 1.35. Skeena Resources has a 52 week low of C$4.20 and a 52 week high of C$10.38. The stock has a market capitalization of C$585.53 million, a P/E ratio of -5.79 and a beta of 1.67. The stock has a fifty day moving average of C$5.83 and a 200-day moving average of C$5.78.

Skeena Resources (TSE:SKE) last posted its quarterly earnings results on Monday, April 1st. The company reported C($0.37) EPS for the quarter. On average, sell-side analysts expect that Skeena Resources will post -0.4862973 earnings per share for the current fiscal year.

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 four mineral tenures that covers an area of approximately 1,932 hectares; and the Eskay Creek gold mine that consists of eight mineral leases, two surface leases, and various unpatented mining claims comprising 7,096 hectares located in British Columbia, Canada.