Skeena Resources (TSE:SKE) Insider Kyle Christopher Foster Sells 15,029 Shares of Stock

Skeena Resources Limited (TSE:SKE) insider Kyle Christopher Foster sold 15,029 shares of Skeena Resources stock in a transaction dated Monday, May 4th. The shares were sold at an average price of C$40.08, for a total transaction of C$602,362.32. Following the sale, the insider owned 13,287 shares in the company, valued at approximately C$532,542.96. This trade represents a 53.08% decrease in their ownership of the stock.

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

• On Tuesday, May 5th, Kyle Christopher Foster sold 13,287 shares of Skeena Resources stock. The stock was 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 stock was sold at an average price of C$47.12, for a total transaction 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 Up 5.9%

Shares of TSE SKE opened at C$42.39 on Thursday. Skeena Resources Limited has a 1-year low of C$15.26 and a 1-year high of C$53.00. The company has a market cap of C$5.16 billion, a PE ratio of -26.66 and a beta of 2.62. The company has a current ratio of 1.82, a quick ratio of 1.55 and a debt-to-equity ratio of 39.64. The company has a 50-day moving average of C$43.40 and a two-hundred day moving average of C$36.85.

Skeena Resources (TSE:SKE) last announced its earnings results on Tuesday, March 24th. The company reported C($0.61) earnings per share for the quarter. As a group, equities analysts expect that Skeena Resources Limited will post -0.4862973 earnings per share for the current fiscal year.

Analyst Ratings Changes

SKE has been the subject of a number of recent research reports. TD Securities boosted their price target on shares of Skeena Resources from C$35.00 to C$49.00 in a research note on Thursday, January 22nd. BMO Capital Markets boosted their price target on shares of Skeena Resources from C$45.00 to C$50.00 in a research note on Wednesday, April 1st. Canadian Imperial Bank of Commerce boosted their price target on shares of Skeena Resources from C$44.00 to C$58.00 in a research note on Wednesday, February 4th. Scotiabank boosted their price target on shares of Skeena Resources from C$25.00 to C$44.00 in a research note on Monday, January 26th. Finally, Canaccord Genuity Group boosted their price target on shares of Skeena Resources from C$40.00 to C$52.00 in a research note on Wednesday, April 1st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price 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.