Skeena Resources (TSE:SKE) Price Target Raised to C$44.00

Skeena Resources (TSE:SKE) had its price target upped by Scotiabank from C$25.00 to C$44.00 in a report released on Monday morning,BayStreet.CA reports.

Several other analysts have also recently issued reports on the stock. CIBC boosted their price objective on shares of Skeena Resources from C$40.00 to C$44.00 in a research note on Tuesday, January 13th. Desjardins raised Skeena Resources to a “moderate buy” rating in a research report on Wednesday, October 8th. Royal Bank Of Canada raised their price objective on Skeena Resources from C$34.00 to C$53.00 in a report on Wednesday, December 10th. Finally, TD Securities boosted their target price on Skeena Resources from C$35.00 to C$49.00 in a report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$43.20.

Skeena Resources Price Performance

Skeena Resources stock opened at C$47.35 on Monday. Skeena Resources has a 1 year low of C$12.15 and a 1 year high of C$47.54. The company has a debt-to-equity ratio of 19.27, a quick ratio of 1.55 and a current ratio of 1.87. The firm has a 50 day moving average price of C$33.93 and a 200 day moving average price of C$27.07. The company has a market cap of C$5.73 billion, a price-to-earnings ratio of -48.32 and a beta of 2.11.

Skeena Resources Company Profile

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.