Skeena Resources Limited (TSE:SKE) Director Walter Coles Jr. Sells 33,000 Shares

Skeena Resources Limited (TSE:SKE) Director Walter Coles Jr. sold 33,000 shares of the company’s stock in a transaction dated Wednesday, February 5th. The shares were sold at an average price of C$16.40, for a total transaction of C$541,200.00.

Skeena Resources Trading Up 2.2 %

TSE SKE opened at C$16.45 on Tuesday. The stock has a market cap of C$1.75 billion, a P/E ratio of -10.75 and a beta of 1.65. Skeena Resources Limited has a fifty-two week low of C$4.48 and a fifty-two week high of C$16.79. The stock has a 50 day simple moving average of C$13.68 and a two-hundred day simple moving average of C$12.15. The company has a debt-to-equity ratio of 10.23, a quick ratio of 1.55 and a current ratio of 2.88.

Analyst Upgrades and Downgrades

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

About Skeena Resources

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.