Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie Sells 59,992 Shares

Skeena Resources Limited (TSE:SKE) Senior Officer Andrew Macritchie sold 59,992 shares of the stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of C$15.67, for a total value of C$940,074.64.

Andrew Macritchie also recently made the following trade(s):

• On Tuesday, January 14th, Andrew Macritchie sold 33,540 shares of Skeena Resources stock. The shares were sold at an average price of C$14.20, for a total value of C$476,268.00.

Skeena Resources Stock Down 3.3 %

Shares of TSE SKE opened at C$15.90 on Wednesday. The firm has a fifty day simple moving average of C$13.73 and a two-hundred day simple moving average of C$12.18. The firm has a market capitalization of C$1.70 billion, a PE ratio of -10.39 and a beta of 1.65. The company has a current ratio of 2.88, a quick ratio of 1.55 and a debt-to-equity ratio of 10.23. Skeena Resources Limited has a 12 month low of C$4.48 and a 12 month high of C$16.79.

Wall Street Analyst Weigh In

Several brokerages recently commented on SKE. Scotiabank lifted their target price on shares of Skeena Resources from C$13.50 to C$14.00 in a research note on Wednesday, January 15th. Royal Bank of Canada boosted their price objective on shares of Skeena Resources from C$17.00 to C$18.00 in a research report on Friday, December 6th. CIBC dropped their target price on shares of Skeena Resources from C$17.00 to C$16.00 in a report on Monday, December 2nd. Finally, Desjardins upgraded Skeena Resources to a “moderate buy” rating in a report on Thursday, October 31st.

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.