Kyle Christopher Foster Sells 1,475 Shares of Skeena Resources Limited (TSE:SKE) Stock

Skeena Resources Limited (TSE:SKE) Senior Officer Kyle Christopher Foster sold 1,475 shares of the firm’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of C$17.38, for a total transaction of C$25,635.50. Following the sale, the insider now directly owns 673 shares in the company, valued at C$11,696.74. This represents a 68.67% decrease in their ownership of the stock.

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

• On Friday, May 16th, Kyle Christopher Foster sold 837 shares of Skeena Resources stock. The shares were sold at an average price of C$15.62, for a total transaction of C$13,077.87.

Skeena Resources Trading Down 2.5%

TSE SKE opened at C$16.85 on Friday. The company has a 50-day moving average of C$15.65 and a 200-day moving average of C$14.34. The company has a debt-to-equity ratio of 19.27, a current ratio of 1.87 and a quick ratio of 1.55. Skeena Resources Limited has a 12 month low of C$5.61 and a 12 month high of C$18.14. The company has a market cap of C$1.85 billion, a P/E ratio of -10.18 and a beta of 1.65.

Wall Street Analyst Weigh In

Separately, Raymond James boosted their price target on Skeena Resources from C$18.50 to C$21.00 in a report on Friday, April 4th.

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.